Current account balance? Was is yours.
- Thread starter Rizo-UK
- Start date
Just paid off my credit card ready for a new month.
Didn't expect so many varied answers in all honesty, good insight for me I feel. I wasn't so I could judge people, just so I can get a wider picture of how people manage there finances.
Didn't expect so many varied answers in all honesty, good insight for me I feel. I wasn't so I could judge people, just so I can get a wider picture of how people manage there finances.
Why hold such large current account balances? Open an e-savings account with the same bank, and when you need money transfer across and it'll be instant.
Admittedly e-savings accounts with major banks tend to accrue ~2%, but its better than 0.01%.
Admittedly e-savings accounts with major banks tend to accrue ~2%, but its better than 0.01%.
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
Santander, and no, I pay nothing. They pay me
http://www.santander.co.uk/csgs/Sat..._GB&pagename=Abbeycom/Page/WC_ACOM_TemplateW2
Caporegime
- Joined
- 12 Mar 2009
- Posts
- 26,776
I have about £110... 
Soldato
About £30 at the moment. Come midnigt it will be over a thousand.
Keeping a balance of over 1k in your current account (unless you have a very good interest rate in your current) for extended periods of time isnt the cleverest idea TBH.
I make most of my purchases on credit card and have the direct debit taken out for the full balance the day after my payslip goes in along with all my other current DD's. Then I put nearly all of the remainder into savings. Then repeat every month.
Plus I dont like to keep money in my current account for fear of fraud.
I make most of my purchases on credit card and have the direct debit taken out for the full balance the day after my payslip goes in along with all my other current DD's. Then I put nearly all of the remainder into savings. Then repeat every month.
Plus I dont like to keep money in my current account for fear of fraud.
Soldato
More than was in there yesterday as I've just been paid.
Now for the huge bill paying session & I can see what I'm left with.
Now for the huge bill paying session & I can see what I'm left with.
Associate
[TW]Fox;19466997 said:Santander, and no, I pay nothing. They pay me
http://www.santander.co.uk/csgs/Sat..._GB&pagename=Abbeycom/Page/WC_ACOM_TemplateW2
Its good for the first 12 months then drops to 1%
Thats what it says, yes.
Associate
£1500+... but I have all
My DD coming out kn the 1st..
My DD coming out kn the 1st
..
Soldato
I would have problems restricting my self to £150 every few days, let alone every month.
That £150 is purely for fun things, not petrol/food/bits and bobs for living, just things like drinks, tobacco ect ect.
If you seriously can't help but spend £150 within 5 days, let alone 3, then you got issues mate
ags
Soldato
A little over 3k with payday tomorrow.
Quite a bit more in my savings account.
And a lot more than that in my pension but thats worth sweet FA....
Quite a bit more in my savings account.
And a lot more than that in my pension but thats worth sweet FA....
