Quote:
Originally Posted by AWBimmer
Cheers guys - yes I read that they are to charge £5/6 from Jan 2016. I should have been more specific - we don't have that much (£20k) liquid cash to enter in - not least to begin with and I'm merely looking for this to be a 2nd pot of savings to my initial account which I have in a current account and I'm only getting 0.45% interest p/a. It's low in comparison but it's convenient as it's a current account and I don't need to worry about being penalised for withdrawing for a rainy day.
This new account will be a place to regularly put in x amount each month and we do our very best not to touch it until a real needs be.
Hopefully this will help identify a suitable option or two ?
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Why don't you just consolidate your accounts, set up a 123 account. You don't get penalised for taking cash out of a 123 account.