Best bank accounts.

[Ivor Windybottom]

Marcus only lets you have one linked account. I think you can only transfer out to that account, usually the one you sent the money from. So at least they make it safe in one direction.

 

[MNW67]

Marcus only lets you have one linked account. I think you can only transfer out to that account, usually the one you sent the money from. So at least they make it safe in one direction.

I really like that feature on Marcus. Some of our other accounts do the same thing.

 

[pete01]

Move it to my bank, it will be safe there, and I will count it for you

Hes only got a tenner

 

[Harry Bloomfield]

Hes only got a tenner

Well, that will not take long to count,

 

[pete01]

Well, that will not take long to count,

True

 

[Mottie]

We sold our last house about 5 months before we bought again. Had a scary amount in the bank, it looked more like a phone number than a bank balance.

I had to keep checking to make sure it was still there. We did split it out to get under the FSCS limit, it was terrifying transferring it via online banking, I have never looked so carefully at a bank account number and sort code before hitting the OK button.

Is that where you got your user name from?

 

[Mottie]

I really like that feature on Marcus. Some of our other accounts do the same thing.

Pretty sure most of our accounts are like that. Can only pay in and take out to our joint main account.
Post Office
Premium Bonds
Nationwide ISA
Kent Reliance
Shawbrook
Vanquis

Other ones, such as Chase, Monzo, Nationwide bank, Barclays have our other accounts as saved payees. I always send a tenner to a new account first and save it as a payee. When I know it’s all sorted, I send the balance. Post office is a bit slow paying out and gave me a fright once - if you do the transfer before 12.00 midday, it’s in by the following morning. After 12.00 midday, it’s the day after that so you have a rather large sum come out of your account and hang about in no man’s land for up to 36 hours. Do it on a Thursday afternoon and you won’t see your money until Monday!

 

[motorbiking]

@Mottie interest rates on those?

 

[Highway Man]

Hes only got a tenner

Reported

 

[Ihavenojob]

My gold and silver has done well over the last 3 months. Do any of the banks mentioned have branches where I can pay in cash?

 

[JohnD]

Does anyone else feel really uncomfortable moving money to a new bank?

I would be suspicious if it was a start-up, virtual, or foreign bank I'd never heard of.

Martins Money is quite a good source.

 

[pete01]

I met a super model online the once she wanted us to get married but the week she was due to come over from Italy she fell ill, I had to send her 10k for hospital fees, that was all genuine, so im not always suspicious.

 

[MNW67]

Does anyone else feel really uncomfortable moving money to a new bank?

I wouldn't go chasing the best rate with some unknown bank or a foreign bank in a dodgy country. Some of the foreign ones have very traditional names but are actually in Pakistan or Nigeria. We mainly try stick to well known British building societies and banks, even if they pay a little bit less.

 

[JohnD]

I wouldn't go chasing the best rate with some unknown bank or a foreign bank in a dodgy country. Some of the foreign ones have very traditional names but are actually in Pakistan or Nigeria. We mainly try stick to well known British building societies and banks, even if they pay a little bit less.

Iceland used to be very popular.

 

[Highway Man]

I met a super model online the once she wanted us to get married but the week she was due to come over from Italy she fell ill, I had to send her 10k for hospital fees, that was all genuine, so im not always suspicious.

That was bad luck, sorry to hear that.