I have the Halifax account. On the 2nd of every month I have a standing order to move my entire student overdraft into it and then another standing order moves it back the next day. As for the £500 spend on the debit card, I top up my Lifetime ISA and then pay a credit card bill. Free money
@@killercon2735 since I'm a student I've got a 0% interest overdraft with Santander for £1500. If you're not a student 0% interest overdrafts aren't really a thing past a value of like £250. I'll probably switch out of the rewards account when I graduate
you only really need one current account for all business/personal use factors; I've had all sorts of highstreets bank accounts etc but the best one I've found so far to be ethically friendly is nationwide; the people's mutual. It's just what I choose because there's a branch to go to in case you get financial difficulties or something go wrong with your account; you have someone to talk to at the branches unlike Monzo, revolut or even starling, like the security of talking to a banker opposed to these challenger bank apps that want to erode away the need for a bank staff member to be there...
Since seeing your video I’ve transferred my Santander current account to a 123 lite account instead, makes sense as this is the account all my bills come out of.
The bills spaces from Starling is absolutely brilliant, you can even set it up to automatically transfer the money you need into it at the beginning of the month. Chase are now offering 1.5% on savings too!
You mean the bank where you still have to use a stupid card reader to pay someone new? You have to use chaps just to transfer over 10k in one go. Not to mention transaction fees abroad on their debit card.
@@user-xw8zo9zz6u Yeah you're right. Everyone, this guy has a point. There are a few shit things about Nationwide, but it's the only highstreet 'bank' that lets me have an account with them. For me at least I also have a Monese account too.
Andy, I forgot to mention.. BA refunded me £105 +51,000 avios points the other day. There is a very very long story behind the refund which I won't bore you with.. however initially BA told me they were'nt able to refund me and that I was stuck with the travel vouchers .... However out of the blue last week they messaged me to say they'd give me the points and money back within 5 days and they did. I have since swapped them for Nectar points. Just thought I'd share that, cheers.
Excellent video and you explained things very well indeed! We need you in Secondary Schools! I’m currently with NatWest but I’m switching to HSBC as they’ve got a £200 switch offer right now. I don’t know why, but HSBC tends to be my favourite High Street Bank! NatWest was excellent for customer service and again their presence on the High Street but I thought about switching to HSBC as I heard they are one of the best high street banks for investing. HSBC’s App tends to be very good as well and they are very secure!
I have been with lloyds since my early days & I mostly use online app to manage things where there are no option to mange things such as alert or card limit or paying amount in full but I also don't wanna go for only digital banking. I also don't wanna switch every often but stick to just few.
Thanks for the great advice! Quick question, with your recommended separate account such as Santander for bills, do you advise getting paid from your employer into one current account, and setting up an auto transfer to the account that pays bills? Or the account that pays your bills (such as the Santander one) is your “main” account which you then pot money for daily living, savings and fun money etc elsewhere? Thanks!
@@BeCleverWithYourCash yes! That is why i am loving starling more as I don’t need to take the money out of the spaces to the main account. Bills will just be automatically deducted from its specific space. I also don’t need to spend a day just to budget and stuff monthly funds to it’s allocated budget envelope (which i was doing for years!) With starling, i set a monthly schedule to transfer funds into every spaces I have.
Andy great video have about 6 accounts. Really like chase. And halifax for the 5 pound reward. Santander for bills etc. Starling International spending. Not sure if i would use chase without the cash back round ups
Natwest and nationwide don't seem to bad just dont go with monzo or starling because you can only deposit £1000 annually and that's it and then you pay fees when youre depositing
Great video. Very informative and educational and has definitely helped me make a final decision to get another account. However that Monzo and Starling Bank set up and features you explained is definitely sending red flags 🚩🚩🚩 - the fact that there's no physical branch and you can't talk to a human on the other end 🚫🚫🚫🚫🚫 No go!
Please please please add the date these were filmed! It's Oct '22 & after the recent huge changes (the 'mini-budget' - now back-tracked - & current uncertainty) we need to have up to date info!
It’s a frustration with UA-cam that you can’t change videos once published, but the dates are there below the video. However I post monthly updates on the channel so make sure you subscribe!
@@BeCleverWithYourCash Thanks for replying. No - I can't find any dates below it. (new acer laptop, Google Chrome.) But I will subscribe in hopes of getting notified about your latest videos. :)
Not Andy but offering my advice. If you work or have regular money coming in, set up a standing order into a savings account (pick a sum that comfortable suits you at the moment) and try and make a commitment not you touch for a year unless emergency. Hope this helps
Hi Andy What do you think of the hsbc premier account ? It’s the only premier account with no fees and comes with free travel insurance? I just got it but wondering is there anything better ?
The problem with digital banks also known neo banks is ATM withdraw can be very unfavourable because of withdraws fees and withdraw limits. But if you have traditional bank such as HSBC is more useful if you make large amount of cash withdraws.
Hi I have 3 months as resident the Uk, basically no good credit score yet. I have starling and hsbc premier account. Which would help me to be able to get sooner a loan for finance a car, for example?
What about credit score apps that take Starling and Monzo. As your bank.. as experian is no good.... neither is credit karma Also what banks would you recommend for mortages if 1st time buyers....
Monzo is now on all credit reference agencies, while Starling is missing just one (Experian). Re mortgages - it's best to shop around and see what deals are out there. You might want to use a mortgage broker too as they'll know which lenders might be best for your circumstances
Hi Andy, me and my wife just moved to the UK. We were trying to open an account for her with Santander and we don't have any address proof documents for her as every bill is in my name. She is a housewife. How can we proceed here? Santander said we can get some tax document from HMRC. How to do that?
Stumbled across your channel this week, great vids and subbed! Quick question…I am one of those that have only ever had one account forever! I have a personal and joint account with Lloyds, can I have just a joint or do I need both? I know some banks expect both? As I’d like to switch my personal and start getting some benefits. Also, I created a Starling account a couple days ago, I want a joint with my wife, is there a way she can be added without her having her own account?
My credit score is very poor currently due to opening several current accounts even though I'm not in debt. On average do you know how long it could it take for my credit score to go back to its original very good, but not excellent score?
It could take up to 6 months for your credit score to recover or longer but that depends on how many hard credit checks has been done on your credit file.
It shouldn't take too long as these are small changes. One larger impact could be if you switched away from a very old account as that impacts the average age of accounts on your report
I loved my Cashplus bank UNTIL I applied for a loan,then i am told i have gotten the loan until the last step! Then I am told my account can't be verified SOO I try three more loans and the exact same thing 😡
I'm so sick of hearing Monzo and Starling, they are just app-based fintech. I signed up with Starling, it's alright, but you still need to have a good long term relationship with at least one high street bank. Why not talk more about Lloyds, Barclays, and Natwest, they are the major clearing banks in the UK.
If you have a mortgage application in the next six months then I wouldn't apply for anything where there's a credit check. Otherwise, the application could have a short term impact (because of the search) but it won't last long
If you have more than one account then you don’t need all features from all accounts. Chase is offering the best rate for easy access savings currently at 1.5%. They are offering 1% cashback on dc spending. They are offering 5% on roundups. (no more despairing at the petrol pumps when your fuel goes over by 1p). Yet for example for DD’s I would opt for Santander Lite. If you have to pay the bills may as well get something back, but I wouldn’t leave any savings with Santander. So I don’t feel his review is backhanded. (Also now they do have DD’s but I’m aware they didn’t when you commented)
sorry there is not options like you said about Santander there was something like that year ago tsb have definitely better options like Santander I have both almost 2 years
I use starling for 4 years but yesterday I see by my own eyes corruption u know why I locked gambling payment this option not working for some gambling machine I call them the only thing they say we’re sorry nothing else
Tesco doesn't offer current accounts anymore, so you won't be able to use it as a normal bank. I've written about their Clubcard Pay here becleverwithyourcash.com/tesco-clubcard-pay-review/
Guys, after all our hard work we are still struggling and not rich. Take your monies OUT of all the traditional banks and place it in there opposition hands!! Screw them!
@@BeCleverWithYourCash yes sorry just realized. Have got the max in so get interest not as good as use to be ..is there a better account out there please.cheers mike.
Hi Andy, I have just opened my Virgin M Plus account and taken advantage of the Experience voucher, I noticed it only mentioned withdrawals from UK ATMs - can you direct me to where you saw overseas ATM withdrawals or card use overseas, please.
I seriously need help or some reassurance. My dad gifts me money each week to my Santander account that I’ve had since I was 16. I then transfer it to my monzo account to save money as I prefer the layout and how it’s easy to send money to friends. I haven’t activated monzo as my main account but I have a relative large sum in there. I’m worried that monzo will just randomly close my account because I transfer money from my other accounts. I’ve read online and I’m petrified as I use monzo for practically everything now a part from receiving my wage in there! Where should I store my money? Help😫
If you want to read more about these accounts check out this article on my blog becleverwithyourcash.com/best-current-accounts/
I have the Halifax account. On the 2nd of every month I have a standing order to move my entire student overdraft into it and then another standing order moves it back the next day. As for the £500 spend on the debit card, I top up my Lifetime ISA and then pay a credit card bill. Free money
can u please explain the overdraft part, and how u got it to work
@@killercon2735 since I'm a student I've got a 0% interest overdraft with Santander for £1500. If you're not a student 0% interest overdrafts aren't really a thing past a value of like £250. I'll probably switch out of the rewards account when I graduate
Easy money! Good work
you only really need one current account for all business/personal use factors; I've had all sorts of highstreets bank accounts etc but the best one I've found so far to be ethically friendly is nationwide; the people's mutual. It's just what I choose because there's a branch to go to in case you get financial difficulties or something go wrong with your account; you have someone to talk to at the branches unlike Monzo, revolut or even starling, like the security of talking to a banker opposed to these challenger bank apps that want to erode away the need for a bank staff member to be there...
Loving the Halifax Rewards account 👍..£5 is better than nothing...
Absolutely!
I have six current accounts. At the moment my favourite one is Chase.
Do you think you’d keep using it once the cashback ends?
@@BeCleverWithYourCash no
I am not sure, but there is an opportunity to have a bit extra, why not to use this chance?
Since seeing your video I’ve transferred my Santander current account to a 123 lite account instead, makes sense as this is the account all my bills come out of.
Fantastic!
Thank you for the tip!
The bills spaces from Starling is absolutely brilliant, you can even set it up to automatically transfer the money you need into it at the beginning of the month.
Chase are now offering 1.5% on savings too!
🎉 Excellent, Well done. Chase !!!🎉🎉
Nationwide is all you need, it's a bank that invests it's customers money ethically as well!
I don’t care about that, I just don’t want to get f*clef by the bank and have more benefits for my life.
Nationwide isn’t a bank. It’s a Building Society that offers current accounts etc.
You mean the bank where you still have to use a stupid card reader to pay someone new? You have to use chaps just to transfer over 10k in one go. Not to mention transaction fees abroad on their debit card.
@@user-xw8zo9zz6u Yeah you're right. Everyone, this guy has a point. There are a few shit things about Nationwide, but it's the only highstreet 'bank' that lets me have an account with them. For me at least I also have a Monese account too.
Andy, I forgot to mention.. BA refunded me £105 +51,000 avios points the other day. There is a very very long story behind the refund which I won't bore you with.. however initially BA told me they were'nt able to refund me and that I was stuck with the travel vouchers ....
However out of the blue last week they messaged me to say they'd give me the points and money back within 5 days and they did.
I have since swapped them for Nectar points.
Just thought I'd share that, cheers.
Ah brilliant!
What are the best banks for getting a mortgage?
Excellent video and you explained things very well indeed! We need you in Secondary Schools!
I’m currently with NatWest but I’m switching to HSBC as they’ve got a £200 switch offer right now. I don’t know why, but HSBC tends to be my favourite High Street Bank! NatWest was excellent for customer service and again their presence on the High Street but I thought about switching to HSBC as I heard they are one of the best high street banks for investing. HSBC’s App tends to be very good as well and they are very secure!
I am new to the UK, so far only have digital bank account. Which physical bank do you recommend getting an account with?
Not mentioned American Express best banking I have had so good ,no long waiting on phone very slick operator
I have been with lloyds since my early days & I mostly use online app to manage things where there are no option to mange things such as alert or card limit or paying amount in full but I also don't wanna go for only digital banking. I also don't wanna switch every often but stick to just few.
Thanks for the great advice!
Quick question, with your recommended separate account such as Santander for bills, do you advise getting paid from your employer into one current account, and setting up an auto transfer to the account that pays bills? Or the account that pays your bills (such as the Santander one) is your “main” account which you then pot money for daily living, savings and fun money etc elsewhere?
Thanks!
Thanks for the helpful video, Andy. Have used a Chase referral code from your website so hopefully you'll get that reward back as a thank you.
Thanks Steve. I hit my max a long time back but much appreciated
I love Starling and its spaces. ❤️
Did you set up a bills Spaces?
@@BeCleverWithYourCash yes! That is why i am loving starling more as I don’t need to take the money out of the spaces to the main account. Bills will just be automatically deducted from its specific space.
I also don’t need to spend a day just to budget and stuff monthly funds to it’s allocated budget envelope (which i was doing for years!) With starling, i set a monthly schedule to transfer funds into every spaces I have.
Andy great video have about 6 accounts. Really like chase. And halifax for the 5 pound reward. Santander for bills etc. Starling International spending. Not sure if i would use chase without the cash back round ups
Yeah, I imagine they'll have to do something when people stop using it after the cashback ends!
..Thanks, mate - would you also recommend these banks for high - yield savings..?!
Very useful, Andy. Thank you!
Thank you very much for such a detailed explanation! It helps a lot!
Thank you for yours videos!! Could you talk about ISA accounts in the UK please?
You’re welcome Kari. Is that for cash savings or investing?
@@BeCleverWithYourCash investing
Which bank is cash friendliest? I was kicked out for depositing cash in smallish amounts regularly from Santander.
Natwest and nationwide don't seem to bad just dont go with monzo or starling because you can only deposit £1000 annually and that's it and then you pay fees when youre depositing
Great work Andy, I really enjoy watching your updates
Glad you like them!
Hi Andy. Can I please ask your suggestion for the best online joint account, if that’s possible. Thank you
Great video. Very informative and educational and has definitely helped me make a final decision to get another account. However that Monzo and Starling Bank set up and features you explained is definitely sending red flags 🚩🚩🚩 - the fact that there's no physical branch and you can't talk to a human on the other end 🚫🚫🚫🚫🚫 No go!
I actually have 2 Current Account
HSBC and BOS
Please please please add the date these were filmed! It's Oct '22 & after the recent huge changes (the 'mini-budget' - now back-tracked - & current uncertainty) we need to have up to date info!
It’s a frustration with UA-cam that you can’t change videos once published, but the dates are there below the video.
However I post monthly updates on the channel so make sure you subscribe!
@@BeCleverWithYourCash Thanks for replying. No - I can't find any dates below it. (new acer laptop, Google Chrome.) But I will subscribe in hopes of getting notified about your latest videos. :)
also do you recommend having an account for getting cashback, another one for reward and another account for savings?
Im going to do that
Really good video!
Thanks!
I didn't understand. which one is the salary card?
Sir any advice on saving money this year please? I need your help and be disciplined.
Not Andy but offering my advice.
If you work or have regular money coming in, set up a standing order into a savings account (pick a sum that comfortable suits you at the moment) and try and make a commitment not you touch for a year unless emergency.
Hope this helps
What is the best digital account 2022
Sorry my English is not very well
How about Lloyds international bank saving account?
They fix term deposit account had 3.28%
Hi Andy What do you think of the hsbc premier account ? It’s the only premier account with no fees and comes with free travel insurance? I just got it but wondering is there anything better ?
How can I open with Santander without closing my current account and still get the switching bonus? is that not possible?
nationwide is the best for ethical banking
hi, Andy what is the best and cheapest online business banking account to sell on am amazon?
What is the difference between a current account and a normal account
Wow so HSBC wasn't mentioned at all here intresting
The problem with digital banks also known neo banks is ATM withdraw can be very unfavourable because of withdraws fees and withdraw limits. But if you have traditional bank such as HSBC is more useful if you make large amount of cash withdraws.
Revolut is also great 👍
Hi Andy what’s your opinion on NatWest bank, as that’s been my main account for a long time I’ve been thinking about opening a starling account
is there a current account that offers cashback for monthly rent direct debits?
Hi I have 3 months as resident the Uk, basically no good credit score yet.
I have starling and hsbc premier account.
Which would help me to be able to get sooner a loan for finance a car, for example?
What about credit score apps that take Starling and Monzo. As your bank.. as experian is no good.... neither is credit karma
Also what banks would you recommend for mortages if 1st time buyers....
Monzo is now on all credit reference agencies, while Starling is missing just one (Experian).
Re mortgages - it's best to shop around and see what deals are out there. You might want to use a mortgage broker too as they'll know which lenders might be best for your circumstances
What credit references take starling
Hi Andy, me and my wife just moved to the UK. We were trying to open an account for her with Santander and we don't have any address proof documents for her as every bill is in my name. She is a housewife. How can we proceed here?
Santander said we can get some tax document from HMRC. How to do that?
Best business start up account to open
Is it worth to Open nationwide Felix plus account for £13 insurance? Or any an other suggestions please help me with right insurance account.
Which bank should I open as a 15 year old?
You can open a Santander or nationwide completely online, the rest you need to go into branch and make an appointment.
Is Metro Bank any good? Ty
Brother, my dollar account inside the UK has been suspended by the IMF, so how can it be opened?
Stumbled across your channel this week, great vids and subbed!
Quick question…I am one of those that have only ever had one account forever! I have a personal and joint account with Lloyds, can I have just a joint or do I need both? I know some banks expect both? As I’d like to switch my personal and start getting some benefits.
Also, I created a Starling account a couple days ago, I want a joint with my wife, is there a way she can be added without her having her own account?
Hello Andy! My bank has 10% overpaying limot per year does this include the normal month mortgage too? Or can I pay 10% on top of that? Thanks
Hi Kabir, it'll be 10% on top of your set repayments.
Hi. I don't have photo ID I need a bank account ASAP. What can I do
Halifax Credit Card does not charge for using it abroad. This is a credit card though
My credit score is very poor currently due to opening several current accounts even though I'm not in debt.
On average do you know how long it could it take for my credit score to go back to its original very good, but not excellent score?
It could take up to 6 months for your credit score to recover or longer but that depends on how many hard credit checks has been done on your credit file.
My credit was not good... and got accepted with starling and monzo
It shouldn't take too long as these are small changes. One larger impact could be if you switched away from a very old account as that impacts the average age of accounts on your report
I loved my Cashplus bank UNTIL I applied for a loan,then i am told i have gotten the loan until the last step! Then I am told my account can't be verified SOO I try three more loans and the exact same thing 😡
আপনার খুবই ভালো ভিডিও. 😊🙏🙏
What is the best all round bank that has a physical branch?
Good suggestion.
This guy gotta be a jay z fan
Monzo is great but I would not only use a digital only bank.
I think that's a good idea
What impact does constant moving have on credit score?
Not too much. Check this video out ua-cam.com/video/OEnfxavcxvs/v-deo.html&t
Good information but way too much fluff. This video could've been 5 mins long and it would have been more useful.
I'm so sick of hearing Monzo and Starling, they are just app-based fintech. I signed up with Starling, it's alright, but you still need to have a good long term relationship with at least one high street bank. Why not talk more about Lloyds, Barclays, and Natwest, they are the major clearing banks in the UK.
Can having more than one current account affect mortgage applications? I have 2 at the moment but always worry about adding more due to this!
If you have a mortgage application in the next six months then I wouldn't apply for anything where there's a credit check. Otherwise, the application could have a short term impact (because of the search) but it won't last long
@@BeCleverWithYourCash great thanks
They never answer your phone when you have some problems a bad team that works nothing incompetent
Why would you recommend a bank that won't pay direct debits?? Bit of a backhanded there I think.
So I don’t recommend it as a main account, but as a spending account. You get cashback and it helps with budgeting
If you have more than one account then you don’t need all features from all accounts. Chase is offering the best rate for easy access savings currently at 1.5%. They are offering 1% cashback on dc spending. They are offering 5% on roundups. (no more despairing at the petrol pumps when your fuel goes over by 1p). Yet for example for DD’s I would opt for Santander Lite. If you have to pay the bills may as well get something back, but I wouldn’t leave any savings with Santander. So I don’t feel his review is backhanded. (Also now they do have DD’s but I’m aware they didn’t when you commented)
Hello sir. I would like to ask if you have bank milatelux international bank there in UK?
Thank you for answering
The monthly account fee for the Santander 123 current account is £4 not £2
The 123 Lite is £2. If you have the full 123 account ditch it ASAP and downgrade to the Lite version
@@BeCleverWithYourCash oooohhhh I see. Yes sir, will do it now.
sorry there is not options like you said about Santander there was something like that year ago tsb have definitely better options like Santander I have both almost 2 years
It’s called Santander 123 Lite
What is happening with nationwide building society keep crashing
Yeah a few big issues the last week! One to keep an eye on . I’ll share details in an update video when we have more info
I use starling for 4 years but yesterday I see by my own eyes corruption u know why I locked gambling payment this option not working for some gambling machine I call them the only thing they say we’re sorry nothing else
Can you tell me more about wamex Bank?
It is not accepted everywhere no one accept it so many shopkeepers of the refusal
Please can you review Tesco Bank?
One word... AVOID.
@@DanielA-vf8zf can I ask why?
Tesco doesn't offer current accounts anymore, so you won't be able to use it as a normal bank. I've written about their Clubcard Pay here becleverwithyourcash.com/tesco-clubcard-pay-review/
@@BeCleverWithYourCash thanks, I'll check it out
I think revolt card better than monzo
What is it you like best about Revolut?
@@BeCleverWithYourCash quality everyone knows that they're not bank
is it weird that when i try setting up an account with chase right now , that its not showing up properly a current account, i tried it via the app.
got the wrong app registered my bad :) its working thanks
Ah great!
8:38 movie rentals ? lmfao.
Cash sum, is a Fiat 300 a fraud .
what about Barclays?
Currently with Barclays. The SHITTEST customer service! Don't bother.
First find a bank to open an account.
Not sure I understand surly one account can do all yo have said
Here’s more on why I think it’s worth having more than one account ua-cam.com/video/GGv43xcXSX4/v-deo.html
I thinks the offer/ features that's the attraction not the basic function
Guys, after all our hard work we are still struggling and not rich.
Take your monies OUT of all the traditional banks and place it in there opposition hands!!
Screw them!
chinese can not use monzo，so sad
Cigarettes and weed etc.
🎃😎
18 accounts wow
Haha, yes - but I don’t use half of them! They’re old accounts or ones I’ve opened to test for reviews
@@BeCleverWithYourCash still impressive to open that many, will aim to open 5 current accounts
I've got that 123 account its not £2 its £4 a month.
You are on the full 123 account. This is the 123 Lite account, just cashback so no interest- it’s a better option
@@BeCleverWithYourCash yes sorry just realized. Have got the max in so get interest not as good as use to be ..is there a better account out there please.cheers mike.
The worst credit card in history
a load of tosh ,,,banks give you nothing at all ,,the savvy person deals in cash
Hi Andy, I have just opened my Virgin M Plus account and taken advantage of the Experience voucher, I noticed it only mentioned withdrawals from UK ATMs - can you direct me to where you saw overseas ATM withdrawals or card use overseas, please.
Hi Karyn, it's on the Virgin Money website uk.virginmoney.com/current-accounts/pca/
I seriously need help or some reassurance. My dad gifts me money each week to my Santander account that I’ve had since I was 16. I then transfer it to my monzo account to save money as I prefer the layout and how it’s easy to send money to friends. I haven’t activated monzo as my main account but I have a relative large sum in there. I’m worried that monzo will just randomly close my account because I transfer money from my other accounts. I’ve read online and I’m petrified as I use monzo for practically everything now a part from receiving my wage in there! Where should I store my money? Help😫
Monzo, Barclays & Starling for debit
Amex platinum everyday cash back for Credit
Sounds good!