Joint bank account

ZeroSum

pridehappy said:

If you're looking at free bank accounts, I'd go for Virgin Money M Plus or Nationwide FlexDirect/FlexAccount. Good service and a wide range of other products which are excellent in terms of offering. 

Both banks are easy to set up with joint accounts and have benefits for each:

Virgin Money:

• Highly regarded as having some of the best credit cards on the market.
• 3.03% on joint M Plus Instant Access Saver if you wish to start saving together.
• 3.75% on an Exclusive Cash ISA if you wish for instant access to Cash-ISA.
• Great mobile app and customer service.
• Up to 5.2% fixed for 1/2/3 years on a Cash ISA if you want to save without touching.
• Cashback on selected retailers using your debit card.
• Ethical.

Nationwide Building Society:

• Highly likely £200 a year just for using them and holding £100 in savings (individually or joint).
• 2.5% on an instant access Flex Instant Saver.
• 5% on the current account for a year if you choose FlexDirect.
• Free overdraft for a year if you choose FlexDirect.
• Plenty of other member offers are done routinely.
• Plenty of other member-only products are superior to banks offering.
• 4.75% on a 2-year bond.
• Outstanding customer service on the app, online, in-branch or over the phone.
• Ethical.

You can also check out other banks and their offerings, although they may not be as superior.

If you're not looking to switch your individual bank accounts, you can either:

• Complete a partial switch which will transfer all your direct debits and balance, although keeps your Barclay's accounts open. You will both need to transfer your own balance back after the switch, but it's easily done.
• Contact each organisation you have direct debits with and switch them all to your new current account.

Point on virgin, their app is full of bugs & their customer service is dreadful. I should be getting an extra 2% on my kids money because of them being useless