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Best account to stooze into?

steve-o_3
Posts: 122 Forumite
Just setting up my first attempt at stoozing. I've applied for my Egg money card and will get my 0% one once the egg money has arrived.
Question is, egg money gives you 4% on positive balances, great! But I want a bit more and also want to be able to pay the minimum payments from my stooze pot, just for ease, so its all self mananging.
So, what I plan to do is, transfer 0% card to egg money, transfer this to a flexible account with better interest rate (6% ish), pay my min payments from this account and also when the term is over, pay the 0% card balance off with this account.
The stooze account will then be totally separate to my current accounts and day to day money management and I only need even look at it when my term is up on the 0% card.
Question is, what is the best interest rate you can get on a flexible account that won't charge fee's etc for monthly withdrawals and thus will allow me to save AND pay off my stoozing cards?
Cheers in advance.
Steve.
Question is, egg money gives you 4% on positive balances, great! But I want a bit more and also want to be able to pay the minimum payments from my stooze pot, just for ease, so its all self mananging.
So, what I plan to do is, transfer 0% card to egg money, transfer this to a flexible account with better interest rate (6% ish), pay my min payments from this account and also when the term is over, pay the 0% card balance off with this account.
The stooze account will then be totally separate to my current accounts and day to day money management and I only need even look at it when my term is up on the 0% card.
Question is, what is the best interest rate you can get on a flexible account that won't charge fee's etc for monthly withdrawals and thus will allow me to save AND pay off my stoozing cards?
Cheers in advance.
Steve.
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