uk bank accounts?

[jade]

Hiya,

My hubby and I are trying to find the best place to keep our main account and / or Instant access emergency fund. He has been using Santander 123 but now at 1.5% we're looking to see what's better. We were hoping to get the 3% Tesco account but found out it's been temporarily dropped due to high demand.

We are looking at having 5k in there at any one time to use as the main account but with the access to they money if needed (why Santander 123 worked well for a while).

I've looked on money saving expert and there's a few possible options but we're hoping to get away from the deals that last a year to save moving around constantly / avoid errors.

I know we're probably looking for the impossible in the current market but thought if anyone might have a suggestion, it would be you guys!  :-)

Thanks

[Rightflyer]

Apologies... nothing to add.

Shortly to be in the same boat though (looking for a decent return on cash).

Posting to follow.

[jade]

It's not easy to get right now, is it? :)

[mjdh1957]

If you're not willing to move things around then there really are no options.

I opened a Nationwide Flex Direct this year but that only lasts 12 months.

I have Santander 123, TSB Classic Plus, Lloyds Club and now Nationwide all maxed up to get the interest, and move money around by standing order to meet the minimum pay in requirements. I also have a regular saver with the TSB, Nationwide, Santander and Lloyds but they only last twelve months too.

[jade]

Thanks, I thought that might be the case. Not totally against moving things but just wondering if there was something we hadn't thought of.

We have similar set ups / standing orders already with tsb, Santander and Kent reliance so I'll have another look at the options available and we can make a decision.

[Playing with Fire UK]

PTF but will say that I've found opening new FlexDirects at Nationwide pretty painless - I didn't switch so there wasn't a lot to do (just the standing orders).

Also, if people are looking for direct debits to switch. The Tesco internet saver lets you set up direct debits from your own accounts (make sure the name and address are exactly the same).

[jade]

PTF but will say that I've found opening new FlexDirects at Nationwide pretty painless - I didn't switch so there wasn't a lot to do (just the standing orders).

Also, if people are looking for direct debits to switch. The Tesco internet saver lets you set up direct debits from your own accounts (make sure the name and address are exactly the same).

Thanks for the info. Flex direct is a possibility so good to know it's easy and no switch needed. Had an unpleasant experience trying to open a HSBC account recently, so keen to avoid a repeat experience!

Thanks also re Tesco. Hoping their 3% account is available again soon too.