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Multiple limited access savings accounts.
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dosh37
Posts: 478 Forumite


I have a few of these limited access savings accounts.
It occurred to me - why not open a number of the same accounts?
That way you can effectively increase the number of penalty free withdrawls.
Most savings organisations I have looked at do not appear to limit the number of accounts.
Alternatively you can simply close one limited access account and open another.
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Comments
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This has been highlighted before, and been implemented by some on here.
Some institutions will close multiple accounts of the same type, inline with their terms. As you say, you could close and reopen them to gain further access through.
You might get better response on the savings and investment board.
https://forums.moneysavingexpert.com/categories/savings-investments0
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