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Sweep balance to one account from another account monthly

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davep12345
davep12345 Posts: 36 Forumite
Eighth Anniversary
edited 27 August 2024 at 10:38AM in Budgeting & bank accounts
Hello,
First Direct no longer offer this service, does anybody know of a UK bank that does offer a monthly sweep function.

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  • steven141
    steven141 Posts: 445 Forumite
    100 Posts Second Anniversary Name Dropper
    I know that TSB offers savings pots that if you are about to go overdrawn they will
    automatically move the money from your savings to the current account but I don’t think this is the same thing. 
  • friolento
    friolento Posts: 2,435 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    May be one  of the new-fangled autosavers, suxh as Plum or Chip. Watch our for charges and other pitfalls.

    Transferring it yourself onxe a month might be the easiest, fastest and most flexible 
  • wmb194
    wmb194 Posts: 4,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Hello,
    First Direct no longer offer this service, does anybody know of a UK bank that does offer a monthly sweep function.
    Given how dire its ordinary savings accounts are FD/HSBC has probably done you a favour. In my experience these are very rare.
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