Thanks for the info. Some graphics on the screen would be really useful to follow along with for any future videos 😊
@BlindKornel7 ай бұрын
Definitely agree, always been a visual learner 👍
@e8478e9 ай бұрын
The 7% First Direct Regular Saver account will earn you more in interest than the Nationwide 8% regular saver in 12 months if you can give the maximum monthly contribution of £300pcm. You also get the switching bonus plus a far better banking app.
@sara9saysyo8 ай бұрын
I have both and contribute the max for them, I always put interest rate as my priority then put the remaining into a lower rate
@davidpascoe58426 ай бұрын
I've moved from First Direct after 20yrs after very bad customer service
@MylesHSG9 ай бұрын
Also worth noting Chase give you 1% interest on the main account as well, though it is easy enough just to put everything in a savings account and instantly transfer over before spending on the card
@vladvld34339 ай бұрын
1%? monzo gives me 4% ...
@Skelton11119 ай бұрын
@@vladvld3433 chase 4.1
@derrollbartram52009 ай бұрын
Yeah, Starling is 3%
@coachsoappill9 ай бұрын
I put my spare cash into lightyear investing app and get 4.5% and there is no limits unlike dinosaur banks like nationwide
@priyafabwani43018 ай бұрын
@@vladvld3433 On saving bank account?
@akaski7779 ай бұрын
I want a human bank that i can call into even though i bank online
@likhan.ghosh.9 ай бұрын
HSBC has the worst online/app banking experience
@philpots32169 ай бұрын
I hate the way they ask what you are spending money on,, its none of their business
@sgilley26328 ай бұрын
They are rubbish
@zakapholiac93773 ай бұрын
Honestly you are so right. The overbearing security is a nightmare and nothing is obvious at all. I spent 40 minutes trying to find out how to request an overdraft on the damn thing. I have a second bank account with Barclays and it’s soooo much easier and simpler. I am considering making that my primary account
@lapsaroundf1circuits4563 ай бұрын
I have to agree!
@juliamaitland71609 ай бұрын
My Barclays branch is closing and I need to find a new current account with a branch as I have some foreign income which needs verifying annually physically in branch. I don't bank online and have no desire to which I know is prehistoric
@klawlor36596 ай бұрын
I've been with a fair few banks and building societies. The one that I've been most happy with, and whom seem to be keeping their branches open, are Nationwide.
@yungtomzzy81089 ай бұрын
Chase, Starling, Barclays, Amex or NatWest
@hissenguinho7 ай бұрын
I'm currently with HSBC UK both on current and savings account. I wonder if i should switch both. The thing is that in 2 months I'll be travelling abroad, and was planning on getting a credit card for safety and spending. I wonder if switching will affect my credit score
@poetry-and-protest9 ай бұрын
I appreciated the reference to banks & arms manufacturing. Too often ethical banking discussions focus only on climate issues.
@mgtowchampion79616 ай бұрын
What exactly is wrong with arms manufacturing? It creates jobs.
@TheDandonian8 ай бұрын
What's the best if you're chronically unemployed, maxed out on what was your student over draft, with a horrendous credit score? Asking for a friend.
@CharlesRWJones9 ай бұрын
I've been with RBS/NatWest for 20 odd years. I chose them as there were a couple of local NatWest branches nearby. The sub-branch literally up the road closed a while back & the other, about 2 miles away, closed earlier this year. I've recently been semi disabled & limited to public transport &/or taxis, so need someone fairly close by ( & on a bus route ). Halifax & Santander have also recently closed their local branches, which leaves Lloyds & Nationwide on the high street. What would you advise?
@JayAT9 ай бұрын
As a branch is most important to you then nationwide because they're less likely to also close
@montyyy089 ай бұрын
Similar. My local Natwest closed forcing me to use my city-centre branch which was always crowded and I always got such poor customer service that I closed my account of 15 years, and moved to Nationwide. So much happier 😁.
@deniscoupe1948 ай бұрын
Nationwide will not let you put money in using a post office .I have Kroo 4.35% on all in account., Chase to pay with, and Chip 4.84% easy access savings .
@deniscoupe1948 ай бұрын
I've made over £1200 by changing banks this year waiting for next victim.
@martinmowbray43049 ай бұрын
Disney+ is crap. Not an incentive to go to Lloyds.
@comfortzone56189 ай бұрын
Agree! But it’s the best out of the out of the options to choose from.
@stevemahoney52099 ай бұрын
Don't really go to the cinema so the disney+ is a good option 😁😁
@yokai_G8 ай бұрын
why do scammers always prefer CHACE bank accounts? 🤔 i’ve always wondered about this, they’re all using CHASE
@KellieatLarge7 ай бұрын
Thanks Andy! You're turning me into a money nerd too 😂 Will you be doing an updated video on the best business accounts? I'm shopping for one for a new freelance venture.
@SunglassesRon-p2q9 ай бұрын
Keep up the great work Andy and team! Really grateful for these video's. Happy New Year 🎉
@adrianl58999 ай бұрын
Anyone not wanting to set-up DDs for cashback at Santander Edge can still open Santander Edge to then open the Edge Saver (£4k @ 7%). No fees at all on either account doing that.
@hayleycottrell34259 ай бұрын
Happy New Year Andy, if you wanted to build a side business/ side income what would be the best bank account for that? To go along side my normal 9 to 5 job. Love your videos.
@rosiestewart42739 ай бұрын
I’m in my 20s. Parents and school have never helped educate me on money at ALL. I have an hsbc account and that’s it. Any advice welcome lol I want to save for a house . Money box is it a scam? Didn’t even know I could open multiple accounts
@adrianl58998 ай бұрын
First-time buyers might consider using a Lifetime ISA as the government tops up contributions by 25%, up to £1000 bonus each year (pay in £4k, get £1k bonus). There are stipulations you need to understand but worth investigating. Good luck.
@dav63953 күн бұрын
Hi, do you know if any of these account allow rent payments coming in pls? I have Nationwide account for over 15 years and they wrote to me to advise that they are closing the account as they suspect it’s being used for business purposes because of the rent payments coming in.
@Sussex_Seagull8 ай бұрын
Cash is king. How about banks that will keep branches open and ATMs functioning. Once all the branches are closed all the lovely loss leader deals will disappear.
@hexa71144 ай бұрын
Cash is king? What is this, 2006?
@oceanblue72952 күн бұрын
u forgot to say there's a monthly charge for chase current account. $12 a month unless you've got over 15000...😒
@2007sssss9 ай бұрын
Thanks to Andy and the team. Happy new year.
@kaxar69549 ай бұрын
I would love to know the Best Monthly Interest Accounts.
@connorcameronjaggs7 ай бұрын
Natwest has the worst customer service and they have virtually no branches either, such a bad suggestion
@MVG75 ай бұрын
I know innit, just closed my credit card account, worst bank ever lol
@Zupez8 ай бұрын
So I only have 1 bank account and that's a Lloyds Bank current account which gives 0% interest. I'm really trying to find the best savers account to convert either a lump sum or monthly amount into for the best interest rates possible
@notknownguy9 ай бұрын
Loving Starling since switching from Lloyd's
@wakaflockaproject8 ай бұрын
Why
@Supercilliouzman23 күн бұрын
How comes you never mention HSBC in any of these videos
@adriela-sainasandulache16919 ай бұрын
Thank you so much! Happy New Year!
@sirinath8 ай бұрын
What are banks a non resident / foreigner open account in US without visiting?
@MrCayden218 ай бұрын
What's his problem with KROO???🤔
@SilviuMajor8 ай бұрын
Revolut service is annoying and shit
@Bereal7115 ай бұрын
Hi I had a terrible experience with revolut. As in it was impossible to get in touch with them. They also stole 6k from me aswell. Now I need a new bank to bank with but it needs to uk owned so I don’t have the same problem with contacting them. Can you suggest one please
@josemarciogoismartins961323 күн бұрын
Can you do a review on zing by hsbc please
@motorhomers-r-us9 ай бұрын
Revolut was a nightmare I could never find anything !
@2ru2pacFan9 ай бұрын
Yeah it's crazy to find anything in that app. Monzo has to be the best.
@zakiakhtar74479 ай бұрын
Revolut is useless
@Bereal7115 ай бұрын
Hi I had a terrible experience with revolut. As in it was impossible to get in touch with them. They also stole 6k from me aswell. Now I need a new bank to bank with but it needs to uk owned so I don’t have the same problem with contacting them. Can you suggest one please
@motorhomers-r-us5 ай бұрын
@@Bereal711 I wouldn’t know or want to advise but you can look it up on line.
@wecamefrommarsirl96549 ай бұрын
80k sitting in current account from bereavement. Suggestions welcome haven't got a clue what to do ?
@danmeck59789 ай бұрын
Vanguard index funds
@GenkiStarLeaf5 ай бұрын
S&P 500 or FTSE All World.
@misterrbojanglesАй бұрын
Start an Investmrnt Fund!
@DeeTeaDee3 ай бұрын
I don’t understand what CASHBACK means no matter how many times its explained to me Its like the offside rule I dont understand what happens to my credit card if I transfer bank accounts I dont understand how everything switches automatically if I havnt told all those individual things i have a new bank Im with tsb and am looking at Natwest right now but they dont offer ANY money for joining So what is the incentive?????? Why is all this so infuriatingly CURIOUS yet lacking in any POINT ???
@notwkrail9 ай бұрын
Any chance of inviting Jimmy Carr for a q&a%#@
@vladvld34339 ай бұрын
i have Monzo and Revolut and Wise. i dont think ill ever go for a high street bank account ever.
@sophiamiststream8754 ай бұрын
How do you pay cash in to Revolut? I’m an under 18 looking to open up my first bank account, wondering if it’s any good
@3xAudio9 ай бұрын
Santander is my main bank but gonna use monzo for switching ? Is this a good idea
@Justgirlmustache7 ай бұрын
That is also my plan what do you in terms of switching as in keep santander as the primary account and transfering to Monzo or making Monzo the primary account?
@3xAudio7 ай бұрын
@@Justgirlmustache I still have Santander account. I made the monzo account waited to receive my card. Then started the transfer from Monzo to FD. Actually just received my £175 yesterday! Not sure if the offer is still available though! My monzo was just a burner account. I might use FD from now on for any first switches.
@WakeUpSidd1438 ай бұрын
Hi Andy which is the best bank account or credit card or bank card for purchasing flight tickets can you please make a video on this also please
@eathanp20443 ай бұрын
You mention dummy accounts for preparation to gain switching bonus...my question is how would that work because dont they have a claus where you have to prove that you have been actively using the account that your planning to switch from?
@egapins21019 ай бұрын
Great summary, as always! And it's great Starling makes to top 3 ethical banking!
@notwkrail9 ай бұрын
Wtf is ethical banking lol
@egapins21019 ай бұрын
@@notwkrail perhaps do a bit of research, if you're unsure?
@acmramon9 ай бұрын
@@notwkrail😅nothing important. No one cares about such a scam to attract customers
@pitbull-ws8ge6 ай бұрын
Keep away from starling, freeze money all the time read reviews
@acmramon6 ай бұрын
@@pitbull-ws8ge 🤣🤣🤣
@Maxspeedfree272 ай бұрын
Hi, I appreciate your video and insight. As someone who resides and works in Italy, can I still open an account in the UK for savings pls ? 🙏 Thanks !
@stevec65542 ай бұрын
Can you tell me which high street banking apps is the most reliable to use. You hear so many stories of people trying to use their app and having problems signing into their accounts, even though they are entering the correct account information. Also, which online banking app, including high street apps is the easiest to use.😊
@notwkrail9 ай бұрын
Omg I've got 24 cards and the national grid shut.
@samikazbe8 ай бұрын
nice video, could you do same for business account?
@3rdtwirl4948 ай бұрын
As a fitness studio owner what direction should I go
@NS-pt9rr9 ай бұрын
Hi Andy, is one able to switch a bank current account even if there is a loan &/or mortgage with existing bank ? I have a small loan at 2.5% which is a very low rate and keen to hang onto but the current account service is very poor & keen to switch if poss to just switch the current account but keep the loan in place
@disneyindisguise82689 ай бұрын
Hi, the switch will only switch the bank account, any savings, loans or mortgage will remain with the bank you are moving from. Hope this helps!
@dukexsi6665 ай бұрын
I'm pretty sure, Revolut isn't banking account, still in the UK.
@josefschiltz21923 ай бұрын
What has really annoyed me - having dyscalculia - is Barclays removing the 'Money In' and 'Money Out' columnar layout, just having that for 'Recent Transactions'. The layout that they have replaced it with makes me lose track. I suspect it is a 'suit all' response to people who bank using their phones. Well, I don't bank using a phone! There ought to be a choice of format.
@binay94995 ай бұрын
Been trying to open an account with natwest 😂they keep asking me to upload documents which i have sent 7 times and still the same requirements
@rgkh15035 ай бұрын
Thanks but you didn't cover some very important subjects, compared to the ones you addressed (examples : loans, ability to deposit money on the bank account, etc..)
@macsidia9 ай бұрын
I waiting for Santander for a switch offer, done the others last year.
@LloydRandall8 ай бұрын
re purchase offers, why wont anyone auto active the offers then spam me about them to make me use them? I don't want a job looking and clicking before I shop, and getting annoyed when I missed a chance to earn. Its too much effort. I'm lazy
@happychappy71154 ай бұрын
Not interested in gimmicks and freebies. Want great service and access😮
@happychappy71154 ай бұрын
HSBC are godawful for online access, service 😢
@Chris-zx1ez8 ай бұрын
I have a question, I haven't switched accounts ever. My parents opened a Halifax bank account for me when I was 16, I'm now 30 so this is new territory for me. I want to switch to first direct for the £175 welcome bonus as well as their 7% regular savings account, then.. Switch to the chase bank account for the 1% cashback. 1. Is it possible to switch over to the chase bank account and keep the first direct savings account? As the 7% is too good to miss. 2. Will it affect my credit score switching current account twice in a year? 3. How much of a hassle is it switching over all direct debits/ standing orders etc?
@klawlor36596 ай бұрын
I can answer all of that. 1. You can only have the FD savings account as a FD current account customer. The Savings Account is basically tied to the current account. 2. Credit score isn't affected in the slightest. 3. Direct debits/ SOs are seamlessly transferred from one account to another. I've moved current accounts several times (including twice to Irish banks) and have had zero issues. You'll be fine pal!
@jimbojimbo68739 ай бұрын
I wanted to use the lloyds rewards accounts but concerned they’ll have a good switch offer in the future
@ladymallowyt9 ай бұрын
I have that account. They send you a reminder before your lifestyle benefit expires each year. You can choose which benefit you would like online. I've had an annual magazine subscription, free cinema tickets and a one year disney plus membership
@pozzobonpaulo4 ай бұрын
When using interest-free overdraft up to the allowance, don’t you have a deadline to pay it back? Thanks!
@DeeTeaDee3 ай бұрын
Trying my best for this video to make some sort of sense to me…just not sinking in
@abdomahfouad46992 күн бұрын
Monzo is the worst
@xJustinDrewBieberFan9 ай бұрын
if ive got money sat in chase savings, is it worth moving slowly over to nationwide or would it not make a difference cos it only £200 a month?
@georgeyboy81866 ай бұрын
You can have multiple savings accounts and take advantage of both banks interest rates if you can put enough away
@arqhiz8 ай бұрын
Are you telling me paying direct debit ( like water, gas, etc ) using Chase will also give me 1% cashback?????
@MENSA.lady24 ай бұрын
I only have 1 account and only because I need somewhere for my pension suppliers to park my money. As soon as the money arrives I withdraw it. I pay my bills in cash. After I have paid my essential bills anything left I convert into gold.
@scottjock4 ай бұрын
Hi Andy. Im looking for a second saver account, but I'm looking for one that also offers travel insurance.
@andrewstorm82408 ай бұрын
Disney with adverts is fine
@RubyGill-yt9xvАй бұрын
hi good morning
@adamnewbery90749 ай бұрын
I'm hoping for a santandar switch early next year. I need to get rid of my barclays account! Got my plum and moneybox direct debits still running ready to say goodbye to barclays, the worst bank I have ever used !
@jxeyu9 ай бұрын
Would not recommend Santander. Make sure you check other options! I would choose NatWest.
@MarkN679 ай бұрын
We have two Santander accounts and really happy with them. Our joint account is an Edge Up account and we normally get about £20-£30 a month back, I have an Edge account with the saver. I get about £15 back each month from the account and £21.55 in interest on the saver. I can’t say anything bad about either account.
@danir179 ай бұрын
Santander is OK. I still have 123 lite. Keep it as get better mortgage rates at renewal. Saving accounts on offer at moment are not any good. Best bank I ever had was first direct. 247 customer service on phone. Everything on app, where one of first deposit cheques on app. £250 free overdraft. If first time £175 switch. I would go back to them. Halifax was alright as well when I did switching offer. Great app and Internet banking and savings accounts and credit card I still have
@jasonericf9 ай бұрын
@@jxeyu I wouldn't choose NatWest either
@times71719 ай бұрын
Mind if i ask why you are not a fan of Barclays?
@SK-oc5qb7 ай бұрын
Which is the best bank for a business account?
@Sarfaraz303 ай бұрын
Starling or mettle
@Bereal7115 ай бұрын
Hi I had a terrible experience with revolut. As in it was impossible to get in touch with them. They also stole 6k from me aswell. Now I need a new bank to bank with but it needs to uk owned so I don’t have the same problem with contacting them. Can you suggest one please
@GurmitGill-bk5jv5 ай бұрын
4:46
@nico-ek7tx8 ай бұрын
Do you know any bank or financial entity that have the product of pledge credt?
@coachsoappill9 ай бұрын
Best for reliability overseas? My starling contactless wouldn’t work sometimes
@jaketaylor3219 ай бұрын
Hey does anyone know if this is still the case…. I opened a chase account when it very first started (before it supported direct debits ect) I sadly closed the account because of this and it has been over 2 years id say now and it still won’t let me open a new chase account. Does anyone know if they have sorted this so that if you have closed a chase account previously you can open another one ? Thanks :)
@davidpascoe58426 ай бұрын
Starling seems accept people if you are 83, her credit rating was very good
@dc72798 ай бұрын
Chase drawback not compatible with android only apple
@coachsoappill9 ай бұрын
Starling is good
@KarinaForte-qh2qt7 ай бұрын
Hi ..what is the difference opening an account with a bank in the city of London and another in greater London...
@xx_ars_enic_xx28319 ай бұрын
Listen here boedie sound like you know what you are talking about what is the best bank for money market accounts
@profpat248 ай бұрын
Can one use a digital bank as a salary account or is it too risky?
@dowele24318 ай бұрын
Unless you’re getting over 85k in your account your safe if they are regulated by FSC
@profpat248 ай бұрын
@dowele2431 thank you so much, very helpful.
@Tiffers963Hz6 ай бұрын
Thank you. I really appreciate your recommendations for the most ethical banks that aren't funding harmful activities such as munitions. What a peaceful, balanced world it would be if this was the default first consideration people made when searching for a bank. Gratitude and good vibes sent to you. 🙏
@ExamTricksTips20239 ай бұрын
Is it already 2024 ? Happy New year everyone ! 😅
@MSecYT8 ай бұрын
04:42 You said that Chase cashback only lasts for 12 months but it becomes a rolling offer after that as long as you pay in £500/month the offer repeats.
@BeCleverWithYourCash8 ай бұрын
There’s no guarantee it’ll be extended- though I’d hope it will be
@leighinibiza8 ай бұрын
I like to have my banking apps on my phone and iPad and that’s the only 1 thing that I find negative about chase is that you can only have it on one device
@gt55528 ай бұрын
Doesn't natwest give 5% back on direct debits?
@Brummy317 ай бұрын
what one can i open with bad credit ?
@xx_ars_enic_xx28319 ай бұрын
Meaning the best interest rate capital guaranteed and access to your money at all times
@kadambini_9 ай бұрын
opened up another additional current account with Chase, but while switching it asks for a debit card which is linked to my main Chase current account along with direct debits. How do I go about this?
@ele7d9 ай бұрын
You can just say you don’t have a debit card. I’ve done this with 3 of my switches
@lynncoles89188 ай бұрын
Would you recommend Starling then for budgeting? What is the maximum number of digital cards for the various categories? Great video. Very helpful thank you. 🙂
@gordon7678 ай бұрын
I’ve had Starling for about 5 years now and wouldn’t ever go back to a high street bank. You can have unlimited saving spaces for different things, and the maximum number of virtual cards is 5 at any one time - and those are mapped to 5 of your saving spaces. They can be added to websites for paying bills etc, and also to Apple Pay/Google Pay so that you can use them instore via your phone too.
@wendyoke78729 ай бұрын
Really helpful and informative vlog - Thank You
@harindersingh17762 ай бұрын
22 years
@JasonEwing-x1q8 ай бұрын
Carpet Bagger alert!
@IntrovertMaxxing8 ай бұрын
Great advice, thanks
@nish64889 ай бұрын
Hello, Andy. What would you suggest? My savings and ISA accounts will mature next month, and I intend to buy a house in the coming months. Where should I put the money so I may earn money while I wait to buy a house?
@IAmebAdger9 ай бұрын
Andy doesn't really talk about Money Market Funds, but they are one of the main ways people currently park their money before a big purchase... Of course if it's your first house nothing can beat the Lifetime ISA where the government tops up 25% on your money each tax year towards your first home purchase provided you're not buying a super expensive home.
@adrianl58999 ай бұрын
Numerous places currently offer >5% instant access ISAs and standard savings accounts. Personally, I would stick to cash rather than 'cash-like' alternatives if I was home-buying in a matter of months.
@megamusicmessenger8 ай бұрын
@@IAmebAdger I think you have to have it open for 12months though
@carlosgravil33257 ай бұрын
what about first direct? they are pretty good
@adamurbanowicz35642 ай бұрын
Well it's a part HSBC isn't it? Lol
@billmccreath99309 ай бұрын
Hi Andy, sadly I have suffered a TBI. This is casing me lots issues. I'm hoping things improve. Not sure if they will. Fingers crossed 😢
@stevemahoney52099 ай бұрын
What's TBI 🤔🤔
@billmccreath99309 ай бұрын
@@stevemahoney5209 TRUMATIK BRAIN INJURY.
@icouldbewrongicouldberight9 ай бұрын
@@stevemahoney5209traumatic brain injury
@jayjaynuga63549 ай бұрын
Traumatic Brain Injury is my best guess
@AnEmperor-TheKingofTheKings9 ай бұрын
🎉Bank Man is Good Man🎉
@RS-py6vm8 ай бұрын
Defo Chase!
@paulcool108 ай бұрын
Can I be in 2 banks
@clyde25982 ай бұрын
You can have as many as you want.
@richardskerritt34816 ай бұрын
Not Chase.. Their announcement today....is very troubling..... The interest rate we’ll pay on the Chase saver account will automatically change five business days after the Bank of England announces a change to its base rate. For example, if the Bank of England announces that they are decreasing the base rate by 1%, the interest rate on the Chase saver account will decrease by 1% five business days later. The interest rate will never be less than 0%. Just think.... They are implying...theres an opportunity that the interest rate 'has the opportunity '...to. be below 0%!!!! Thanks Chase..for your extreme generosity Lol!!!!