Which bank should I go with?

IC3

IC3

IC3

Soldato
Joined
3 Dec 2011
Posts
10,526
I'm looking at getting a credit card to build my credit and whilst I'm at it, I was thinking about switching banks for my main (currently with Llyods).

What banks should I be looking at? I try not to drop below 1k on my account.
 
Diddums said:
https://www.moneysavingexpert.com/banking/compare-best-bank-accounts/



Tesco is 3% interest with no messing around, TSB is 5% with messing around.
Click to expand...
That used to be true for Tesco, however things changed - I suppose as a way of throttling the demand.
To earn 3% AER credit interest on balances up to £3,000 until 1 April 2019, simply pay in at least £750 and pay at least three Direct Debits each statement month (excluding Direct Debits to Tesco Bank savings accounts)
Click to expand...
https://www.tescobank.com/current-accounts/
 
There are accounts which will pay you cash each month as a reward just for having credits going in and direct debits going out - Some of these can pay more than just credit interest.
 
Brizzles said:
Sperm

Guaranteed returns on your deposit
Click to expand...


WKiNp5o.gif
 
If you’re using the credit card just to create a good credit history i.e. you plan to pay it off in full every month.

Look at cash back credit cards. Amex Platinum, give you 5% cashback on the first 2.5k for the first 3 months. 1% on everything else. It only pays out at the end of the year though but it’s a nice little bonus. Has a fee of £25 for the year. If you put your shopping and petrol and online shopping on it you’ll absolutely make your money back and more.
 
You must log in or register to reply here.
Back
Top Bottom