Using two of the accounts you mentioned, moving money back and forth using standing orders makes automating this very easy.
@BeCleverWithYourCash3 жыл бұрын
That's great. Yes you can automate everything and it's hardly any admin
@michael-lt2lf Жыл бұрын
Andy. I love your very informative information. I've just signed up for a Halifax deal - to get three feffin' quid a month - Why! That's a whole £36 a year. Which has so many hoops to jump through. Make one mistake it's sorry you loose! You also mentioned that their app was quite good.. Perhaps it is. I don't know. Why? Because it's just so difficult and outdated to set it up - who runs their 'online/app'? Capt. Mannering? Thanks to your excellent chanel thing here I've, with no trouble, have set up an account with Starling - result? Tried it tonight with the simply 'tap yer phone and go' for my weekly shop. Worked perfectly and I was on my way.
@ajulydreamer3 жыл бұрын
I have the Barclays and Halifax accounts and do enjoy these perks. I had the NatWest as well but got rid of it.
@BeCleverWithYourCash3 жыл бұрын
You can't complain about an extra £96 a year! Yes, the Natwest one was better when it was cashback on bills!
@scotmelee443 жыл бұрын
Another great video Andy, thanks for the tips. Do you think if I paid off a credit card bill prior to the monthly roll over in small payments that would count as debit card uses? E.g pay a £30 charge £1 at a time off my debit card would that satisfy the TSB Debit card uses for the £5?
@BeCleverWithYourCash3 жыл бұрын
Hi Kelvin, yes I think it would. Same with topping up a Monese or Revolut card. But is it worth the time it takes to do this 30 times?
@ijandrzejuk1213 жыл бұрын
Great video Andy!
@BeCleverWithYourCash3 жыл бұрын
Thanks!
@JamieBHolland3 жыл бұрын
Hi Andy, recently discovered the channel and have quickly become a fan! Just a quick question on the Halifax Reward Acc you mentioned that spending £500 on your debit card was one of the requirements. Would withdrawing the cash count as a way of 'spending'? - Thanks in advance.
@GCSEALevelMaths20253 жыл бұрын
Good video this might be helpful. I'm looking actively for a 2nd income.
@BeCleverWithYourCash3 жыл бұрын
Best of luck!
@georgeterry92063 жыл бұрын
Hey Andy, looking at opening the accounts to start capitalising on the 'free' cash! Just wondered your thoughts on opening all these accounts at one time, remember you mentioning this impacting your credit score? Thank you and loving the content!
@BeCleverWithYourCash3 жыл бұрын
Thanks George. Definitely space them out. How much you space them out depends on how good your credit report is right now, and whether you have any major applications (eg a mortgage or credit card) on the horizon. There's more in this video kzbin.info/www/bejne/hXbRl6uXq8irrNU&t
@andreweyes71803 жыл бұрын
Great video. Very informative
@BeCleverWithYourCash3 жыл бұрын
Glad it was helpful!
@stephen62623 жыл бұрын
Andy great video i got a few accounts all good how can i get direct debits. Finding it tough
@BeCleverWithYourCash3 жыл бұрын
Hopefully some of the ideas in this video will help!
@andreweyes71803 жыл бұрын
Which accounts would you definitely open. Would you recommend the NatWest Reward?
@BeCleverWithYourCash3 жыл бұрын
Top reward accounts for me are Halifax Reward and Santander 123 Lite. After that, Natwest is probably better than Barclays Blue as you get access to the Digital Regular Saver as well as the £3 monthly reward (after fee)
@lawrencenwakwudo45522 жыл бұрын
Hi Andy,about the Halifax reward,Transferring my rent of over £500 is spending £500 on my debit card right?
@BeCleverWithYourCash2 жыл бұрын
Hey Lawrence. Only if you use your debit card to pay. I imagine it’s probably a standing order from your account to your landlord/agency. In that case it won’t count. But there are some workarounds. Eg you can transfer £500 to Revolut or Monese accounts - and then pay it straight back to you Halifax account
@bhaijaan65583 жыл бұрын
Is Halifax reward £5 if you have £5000 balance each month ? And £3 monthly fee is waived if you deposit £1500 each month plus £100 incentive for opening account
@BeCleverWithYourCash3 жыл бұрын
Hi Bhai, So there are two ways to get the £5. Either have £5k in the account every day of the month, or spend £500 on your debit card. I favour the latter as it means you can earn interest elsewhere on the savings. The £3 a month fee is waived if you pay in £1,500 a month. It doesn't have to be in one go. Sadly the £100 switch incentive has finished for now, but I expect it'll return this year
@St0ffel3 жыл бұрын
I also use Hyperjar to generate debit orders. What I really like about this app is that you can get kids cards so it's an easy way to set aside pocket money for them. I got this tip from the "Conversation of Money" channel.
@BeCleverWithYourCash3 жыл бұрын
Hi Chris. Yes it's a decent app for budgeting but you've got to be really careful with it for "savings". It's so restrictive you're best to avoid it. More here becleverwithyourcash.com/hyperjar-app-not-a-savings-account/