Need to open a new account

Bendybops19

Hey everyone!

My partner and i are hoping to move out soon so i think that we need to open a new account to put some money by each month to be able to buy all the bits and bobs that we will need.

I really dont know anything about any kind of banking or saving accounts so really just want a straight forward, easy to use account that i can pop some money in each month.

Is there a special name for one of these?! (Silly question i know!!) :rotfl:

Are joint accounts a good idea? Or should i get it in just my name?

All help greatly appreciated!!!!

grumbler

Bendybops19 wrote:

...a straight forward, easy to use account that i can pop some money in each month... Is there a special name for one of these?!

Usually they are internet-based accounts linked to some current account and have a name something like 'online saver', 'e-savings' etc. Example:

Nationwide e-Savings 5%

For an internet bank this could be just usual saving account:

Cahoot savings account 5.1%

Also read 'Starting Saving' article and think about ISA and Regular Saving accounts.

Are joint accounts a good idea? Or should i get it in just my name?

'joint current accounts ??? best and pros and cons ??? '

'Joint Account '