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Joint savings account for three
huntfelman
Posts: 2 Newbie
Three of us are looking for a joint savings account. Is there any way to filter a search for this, or will I have to go to every provider that offers joint accounts and ask if we can add someone else?
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Comments
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Joint = more than 1, ie 2,3,4,5,6 etc
Never assume !0 -
Why do 3 people need to be on the account.
Or do they all need to see the balance etc.
My dad added his parents to his bank account, many years ago.
Cheque books and bank cards were issued.
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what do you mean joint savings account for three obviously anybody can put money into a savings account or do you mean you need three signatures to withdraw, or any one person can withdraw anything / everything at any time - or what?0
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What is the purpose of the account and how are the three people related to each other?0
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To answer the original question there is no filter that allows you to search for accounts that allow it1
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Keep_pedalling said:What is the purpose of the account and how are the three people related to each other?
We are siblings, and want to save money at a good interest rate
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The problem for account providers will probably be how they report your interest to HMRC. If they've got to provide the details of 3 different people (at different addresses?), it's a headache for them. And presumably you each only have a small (and equal) amount of money that you're having to pool to reach a minimum account size (otherwise why not just open accounts separately), so they get all the extra admin for a small account.huntfelman said:Keep_pedalling said:What is the purpose of the account and how are the three people related to each other?
We are siblings, and want to save money at a good interest rate0 -
I don't understand; the best rates are still available for individually held accountshuntfelman said:Keep_pedalling said:What is the purpose of the account and how are the three people related to each other?
We are siblings, and want to save money at a good interest rate0 -
We are siblings, and want to save money at a good interest rate
What's wrong with sole accounts?
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I don't understand why you wouldn't have sole accounts tbh0
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