Savings Account

Mr Mcgoo · 7 Apr 2021 at 16:29

So I'm looking for a saving account that I cannot withdraw from until I reach a certain amount saved. Does anyone know of a bank or building society that can do this

watercooledman · 7 Apr 2021 at 16:34

yes sure setup a standing order to me and i will sort it for you.

Mr Mcgoo · 7 Apr 2021 at 16:35

that's awesome thanks :cry:

. but seriously this is my wedding i;m trying to save for :eek:

watercooledman · 7 Apr 2021 at 16:36

ok another tip for you dont bother getting married

Mr Mcgoo · 7 Apr 2021 at 16:37

i did contemplate that.

watercooledman · 7 Apr 2021 at 16:41

ok we need pics of future wife to be able to give you proper advice here.

Mr Mcgoo · 7 Apr 2021 at 16:43

that's not going to happen

413x · 7 Apr 2021 at 16:43

watercooledman said:
ok we need pics of future wife to be able to give you proper advice here.

Narj · 7 Apr 2021 at 16:46

Just find someone you hate and buy them a house. May as well cut out the middle man

tomparker95 · 7 Apr 2021 at 17:01

If you open a Monzo bank account you can pay into a certain pot and withdraw only on a certain date? Could be an idea.

Mr Mcgoo · 7 Apr 2021 at 17:04

tomparker95 said:
If you open a Monzo bank account you can pay into a certain pot and withdraw only on a certain date? Could be an idea.

that could help. However we haven't set an amount to put in each month as we on a tight budget. So it will be as and when we can each month.

tomparker95 · 7 Apr 2021 at 17:04

Mr Mcgoo said:
that could help. However we haven't set an amount to put in each month as we on a tight budget. So it will be as and when we can each month.

Yeah so on this, it also rounds stuff up when you buy it. Say somethings 9.54 you can pay 10 and put the 46p in. Only small I know, but stuff like that would add up after a year or so!

batfink · 7 Apr 2021 at 17:08

Don't you have any willpower? If I'm putting money in a savings account that is needed for a certain date, I never withdraw from it under any circumstances.

Put it in a 90 day notice account?

A2Z · 7 Apr 2021 at 17:25

How much are you planning to save? Are people seriously still spending silly amounts on weddings.

Blackjack Davy · 7 Apr 2021 at 18:06

Go to the money saving expert website and read what they have to say there, asking here for financial advice is like asking for medical advice i.e. don't.

Regular savings accounts offer pitifully small rates of interests if any, locking it up for a year or two will offer better returns but still not a lot

Haze · 7 Apr 2021 at 18:58

I put my spare money into premium bonds

watercooledman · 7 Apr 2021 at 18:59

Haze said:
I put my spare money into premium bonds

yup me too.

come on OP we need pics

Begbie · 7 Apr 2021 at 19:00

If you can't dip into your wedding account, you don't really want it that much. As in, other things are more important - and so they should be, spending loads of money on a Wedding is a rich mans game. A show of wealth, and nothing more.

robj20 · 7 Apr 2021 at 19:01

Just use an ISA. Going to get rubbish interest these days though.

HoneyBadger · 7 Apr 2021 at 19:02

I got married on Saturday