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Reorganising for 2003: first steps

I've always been one for the status quo. Why do I need to change something I do if it works?

Sure, it may not be the best way to do something, but it's not broken under me, and I'm sure it will carry on working just the way it used to tomorrow. But I promised marypcb that I'd look at my banking arrangements, as by sticking with one of the big high street banks I was losing quite a bit of possible interest on my current account every year...

So I have just finished filling in the forms for a new current account with the online banking arm of a building society that became a bank, which will let me run my accounts from this PC, and is offering about 30 times the interest my current bank gives me - and it will handle moving all my standing orders and direct debits over to the new account from the old bank...

Next: The big question. What to do with my savings?

But at least I've got cahoot...


( 6 comments — Leave a comment )
Jan. 1st, 2003 02:16 am (UTC)
I changed to an online bank (Smile) a few months ago, although the process was quite hassle free, I had a few problems with their "automatic" transfer of my direct debits. Only half were activated correctly and I had to make quite a few phone calls to sort it out, however it was less trouble than setting up each direct debit myself.

Jan. 1st, 2003 02:40 am (UTC)
Cahoot? I swore I'd never ever have anything to do with Abbey National (owners of Cahoot) ever again after they ripped off my savings account to the tune of several hundred pounds. They lie. A lot. Don't trust them.
Jan. 1st, 2003 02:43 am (UTC)
I had a similar feeling after they did similar to Mary a few years back. But since then there have been some fairly major changes, and their ebanking team is all (AFAIR) ex-RBS. Mary's been using a standard e-Saver account for sometime, and is happy with it...

What I am planning on doing is linking it with a First Direct account as well...
Jan. 1st, 2003 04:14 am (UTC)
> What to do with my savings?

Give them to me, of course.
Jan. 1st, 2003 04:39 am (UTC)
Jan. 1st, 2003 12:07 pm (UTC)
What are savings?
( 6 comments — Leave a comment )