The 6 Bank Accounts Everyone in the UK Should Have for Financial Stability

[@ChideraPeters]

RESOURCES 👉🏽 Open a 5.18% CASH ISA on Plum prf.hn/click/camref:1011l3Tbxs 📌 Get the Earn Money From Your Savings Masterclass stan.store/thechiderapeters/p/ready-to-earn-money-from-your-savings-

[@efosasamuel4219]

@@ChideraPeters thank you

[@dolciebellaelliott1660]

@@ChideraPeters thanks Chidera!

[@kelechiahanwa4712]

I have both starling and Monzo. I have not had any issues with both. I however like the whole user interface and features that monzo provides. With starling its great as you get interest on the money in your current account.

[@fcmoonman]

For budgeting and watching your money monzo is goated

[@andredoracle6326]

Plum just about has every account necessary. Highly recommended.

[@sbarneaionut]

I think Revolut is the real daddy here. Interest rates are not the best but the overall usability across the board is the best. Business and personal👍

[@Bereal711]

Bunch of thieves they are never trust them trust me

[@emmanueladuku8136]

Starling is very good. Exceptional 👍

[@ChideraPeters]

Oh glad to hear this!

[@josbeam8550]

Starling security system is not great and recently people have had their account hack and money stolen and people complained unable to recover the money lost.

[@gladysdim9269]

I have starling account and other accounts. Starling is the least of them all as regards be good

[@bangals32]

I DO NOT recommend starling. When your account is under review the left hand doesn’t talk to the right and you’ll find yourself constantly repeating yourself

[@SEANPOL203]

I found staling good

[@Ami_Hime]

I've had monzo sinse round 2019? I have never regretted having it 😍👌🏾

[@aderonkeadewunmi-oyegunle5536]

Thank you Chidera, you’ve gained a subscriber, it’s my first time here and just when I was thinking of how to manage money and knowing more about savings and all the accounts available. You are blessing us, thank you again 😊

[@ChideraPeters]

Welcome aboard! Glad you got some value ✨✨

[@Bala-pf3yj]

Thanks, this is an eye opener

[@yemi5193]

Thanks for this I really need this. I have both Starling and Monzo. My starling I use it for paying money out to people and my Monzo is where my ISA is currently. I might be moving this to plum next financial year because Monzo have reduced their ISA Interest rate since I joined them.

[@edwardgladys1336]

Am using monzo and their interest rate for savings is mot bad as well. Meaningful video indeed

[@yvonnenamwila6731]

Also me everytime i watch her videos begin to put into practice all she talks about. Downloaded Monzo and opened an account upon watching this😂 Now i am onto Plum as we already opened ISA thanks to Chidera😊. Tbh you are easy to follow and i appreciate your videos. Thank you 🙏

[@ChideraPeters]

Awww so glad to hear that and thank you so much ☺️ ♥️♥️🙏🏽

[@justiceoboarekpe3476]

Monzo is King 💪🏻

[@MrTruth]

Revolut is better

[@aCoolHHChannel]

Both sucks, they do not have a physical branch and not offer product like mortgages etc, they just work around young generation for quick money moves. Yes they have some good stuff like pot creation on monzo app and some good features but nothing special..

[@olumichealsofowora2506]

What if u got both then am king and better 😅

[@Deepfocus0228]

Tide

[@sandra-dh4bw]

Hi. Thanks for sharing. Have you done a video on stocks and shares? If not yet can you do one please just as a guide.

[@emmanuelomamohwo3567]

Thank you for your video. Please, can you give specific examples of high yield accounts?

[@andrewah15]

Thanks for the informative video. I have saved it to my favourites. 😎💷

[@patriciakasenge9927]

Wow definitely much needed , you have a new Subscriber here😊

[@jp6085]

Great video very helpful

[@haddingtoniangcp2464]

I subbed for 2 reasons. Peters is my last name and, thanks to you, Ill be paying into my pension. Was going to cancel it till i watched a video of yours about it. Keep up the sterling work, Peters!

[@ChideraPeters]

Thank you so much. Your comment warmed my heart ♥️

[@sarahgidudu1328]

Bñɓñ​@@ChideraPeters

[@amourmtungo623]

Thank you for the time, knowledge and sharing 🤝

[@ChideraPeters]

No problem 👍

[@ojeyemipejuola1118]

Monzo, love it

[@cfrnetwork777]

STARLING IS GOOD, NO ISSUES SO FAR 🇬🇧🇰🇳🇬🇸

[@enoruevbuomwan6540]

This is a highly valuable financial advised video,thanks.

[@ChideraPeters]

Glad it was helpful!

[@bagsfull6494]

Monzo and Revolut are both very easy to use on your phone. Monzo has the better interest rate but Revolut has lots of other interesting things and they have no charges at all abroad be it you you buying a kebab in Turkey or a Langos in Hungary they don't charge you anything so its the best to use abroad.

[@courtneymikely]

Account 1 - Current Account Account 2 - High Yield Savings Account Account 3 - Cash ISA Account 4 - Lifetime ISA Account 5 - Stocks & Shares ISA Account 6 - Retirement/Pensions Account Account 7 - Credit Card

[@ganiyat8220]

Really informative video. Thanks

[@ChideraPeters]

Glad it was helpful!

[@bunmiakinpelu2159]

Trading 212 cash ISA rate is 5.15% at the moment

[@ChideraPeters]

Yeah but it’s in a fund

[@thebill8891]

@@ChideraPetersso what difference does it make to my money earned

[@sue-ui8od]

⁠@@ChideraPetersit's not a fund. It's a Cash Isa. Unless you are referring to a fixed rate isa- in which you can only take out your money when fixed term ends. Trading 212 Cash Isa is the best in UK. 5.1% interest rate plus it's flexible. Which means that if you've put in £20k you can also withdraw 20k anytime you want and deposit it back within that tax year. You also earn daily interest.

[@etsenamheblessingshuga4228]

❤❤❤❤❤ love all your videos, starting from the school-related ones when I started watching you. Very eye-opening, sometimes on issues one may not have had a good idea. But I'd love to speak with you on some crucial issues if only you will grant me the opportunity.

[@ChideraPeters]

Aww I’m so glad to hear that. I do paid one-on-one calls if that’s something you’ll like

[@Rich20ldn]

Starling is so good to use abroad no extra costs whatsoever. 😁

[@ChideraPeters]

Glad to hear!

[@Ra_ZoneJ]

Natwest got 6% saving account and nationwide got 8% saving account. its capped at £200 a month no more than that.

[@Kenneth-Egbai]

Does it mean you can only save 200?

[@Ra_ZoneJ]

​@@Kenneth-Egbai Sadly Yes, you cant add more than 200 a month. got about 1.3k and got interest paid of about 7 so going forward i'll get that 7 every month at min if i dont save anymore which i hope wont happen. im going to try get that 7 to 300, good cash flow

[@gloryadiele7835]

I want to know more about this account

[@Ra_ZoneJ]

@@gloryadiele7835 sadly they stopped offering that product (8%). we left with the 6% saving account with nationwide and around 4-5% with Natwest. happy to share the link if you need

[@Clara_immigration]

Very informative 👍🏼

[@ChideraPeters]

Glad you think so!

[@markadamson2102]

No , the highest interest rate for cash ISA is trading 212 5.17 % and thats fixed for the year

[@Gettys_Mindful_Mondays]

Yes I have this

[@MVG7]

It’s not fixed u can take money out whenever

[@mitchellscott4996]

@@MVG7fixed mean fixed rate not that you can’t take money out.

[@fillisamartin8379]

Moneybox is 5.19%

[@MVG7]

@@mitchellscott4996 I stand corrected

[@PamojaConsult]

Dynamic Chidera

[@kelvinautomates]

Great video Chidera!! Really informative, can I please get the link for the masterclass?

[@ChideraPeters]

Hi, here's the link stan.store/thechiderapeters/p/ready-to-earn-money-from-your-savings-

[@efosasamuel4219]

Hi and thank you Chidera. Very informative. I could not find the link to the masterclass you talked about.

[@ChideraPeters]

Hi, here's the link stan.store/thechiderapeters/p/ready-to-earn-money-from-your-savings-

[@nnodumodinaka7502]

Thanks for sharing!

[@ChideraPeters]

You’re welcome

[@traciesmobile683]

You are missing a trick suggesting a single current account plus other accounts. some accounts give rewards and cashback. Worth noting chase allows standing orders from their savings accounts.

[@syearchy257]

212Trading doesn't seem to have customer service team to speak to, in case of trouble or hacking how to solve the problem with the online bank ?! 🤨🤨🤔🙄

[@mitchellbell-gam6002]

Thanks for this Chidera. Can’t see the link to the masterclass

[@ChideraPeters]

Hi, here's the link stan.store/thechiderapeters/p/ready-to-earn-money-from-your-savings-

[@SeunOlu-nx7tb]

I want an ISA, how do I start?

[@Ifunanya_Joanna]

Thanks Deraa ❤

[@ChideraPeters]

You’re welcome ✨✨

[@UKEducatedLady]

Hargreaves Lansdown is good for SAS ISA.

[@Zippo1617]

Dont just buy shares and think your investing, you are not!! You need to understand how to value a company to see if you are overpaying, you need to able to read and financial statements…this will take at least 2 years to learn…it’s an absolute skill don’t be fooled…

[@dorindaagyemang9597]

Hi Chidera Thanks for sharing. Are you back in UK now?

[@ChideraPeters]

Yes I am!

[@waveybaby8939]

can you give examples of high yield savings account banks pls

[@theresaemeteruwa9201]

Thanks for this, pls i didnt see the replay of the Master class of optimising saving. I will appreciate if i can get the link thanks

[@ChideraPeters]

Hi, sorry about that, here's the link stan.store/thechiderapeters/p/ready-to-earn-money-from-your-savings-

[@snapdragon2441]

I have soooooo many bank accounts.

[@Mkhl4Sure]

Revolut, Wise, Chase and Halifax

[@kisasharon902]

Thanks chidi how about me plans to leave the Uk in 4yrs just worked for 5months.?

[@LindaOgochu]

Please,also the building of credit score. How does it work

[@ChideraPeters]

I have a detailed video on that. Check my page

[@deborahilo6792]

Lovely video but i cant seem to find a link to your masterclass

[@ChideraPeters]

Hi, here's the link stan.store/thechiderapeters/p/ready-to-earn-money-from-your-savings-

[@faithuko1838]

Thanks for sharing this information ❤❤. Please is it okay to have three current accounts or can I close one? Also, will it affect my credit score if I decide to close any? I would appreciate your response, please.

[@ChideraPeters]

Hi 👋🏾 yes it’s okay to close a current account, and it shouldn’t affect your credit score. It could affect your credit score if the account was reading in minus i.e. you have a negative balance

[@ellihall2266]

Agree 👍😘

[@aCoolHHChannel]

When you open multiple account be aware of credit score can drop

[@saidsiraj4784]

Oh 6 is too much darling

[@dansaberk9468]

Trading 212 cash isa is 5.17%

[@ladycryptocoach9747]

Hiya can I please have that video re the strategies based on income levels pls as the link is not in the description box Thanks

[@ChideraPeters]

Hi, here's the link stan.store/thechiderapeters/p/ready-to-earn-money-from-your-savings-

[@lightedtalkwithvivian]

Thank you for sharing sis.

[@ChideraPeters]

You are so welcome

[@coolco1619]

Can we hold both ISA and Stock and Share ISA accounts at the same time ?

[@jermanLuga]

Sure, but the total allowance for both is £20000.

[@MrNkyphil]

Thanks a lot!

[@ChideraPeters]

You're welcome!

[@tafarapaul]

Revolut is King, Revolutionary Bank. lol😊 like now I can get my salary a day earlier.

[@therealgg5050]

Even monzo bank

[@tafarapaul]

@ that’s a good feature, but i’ll wait for salary day lol😃

[@therealgg5050]

@@tafarapaul nyika inovakwa nevene vayo

[@tafarapaul]

@@therealgg5050 Ndakasarenda ini🤣🤣

[@gogetter3721]

ko chii nhai

[@user-uk6ly6ik3e]

I'm on Monzo

[@dolciebellaelliott1660]

How can one get the "optimise your savings" masterclass?

[@ChideraPeters]

Hi, here's the link stan.store/thechiderapeters/p/ready-to-earn-money-from-your-savings-

[@isatahawakamara2072]

Thank you ❤

[@ChideraPeters]

You're welcome 😊

[@courageiroro5604]

What video editor do you use?

[@ChideraPeters]

Final Cut Pro

[@BanaresAli-z8o]

these are all for bad credit arent they and the ones that charge you extortionate fees for things like using cash machine?

[@marcusthomas9843]

Is ssas pension account any good ?

[@ganiyat8220]

Hi chidera, thanks for the video. Do we really need to have a credit card to build our credit score. I nd my hushand don't have one and our credit score is over 850. I want to know if this will affect us when we are about to buy our house

[@ChideraPeters]

Hi 👋🏾 your credit score is great by the way! So No, you don’t need a credit card. Also there’s no requirement to have a credit card before you buy a house. Only mentioned as it’s one of the fastest way to do so. But in your case, you shouldn’t worry about it

[@uwakweonyinye2857]

Please if you don't mind me asking, how did you build your credit score without a credit card?

[@ganiyat8220]

@uwakweonyinye2857 we just make sure if there is an opportunity to pay anything in installment and it doesn't have interest then we use that option even when we have the full money. Then we did a lot of direct debit for any bills we are paying instead of just transferring it.

[@ganiyat8220]

@@ChideraPeters okay, thanks

[@iamprideless]

First here ❤❤❤🎉

[@ChideraPeters]

Yay! Thanks for showing up 💃🏽💃🏽🥳🥳🥳

[@benignaanyaeche582]

You look pretty

[@rogbaakeredolu5667]

What about revolut

[@adeola_adedokun]

Can one give Cash ISA account details to employers?

[@StevieWondersEyes]

No never do that unless your salary is going to your ISA (if its less than £20k a yr)

[@adeola_adedokun]

@ Alright, thank you.

[@athleticscapture7335]

What if your own bank has all these different types of accounts.

[@ChideraPeters]

Then that’s fine, you can open the accounts in one bank

[@ladycryptocoach9747]

Diversification is a great option when dealing with your finances......never put all eggs in 1 basket!

[@judithogar933]

Like Barclays

[@jummaicyril]

Monzo 👍

[@salehothman449]

👍👍

[@mercyln6646]

Sounds like good info, but, nne you speak too fast for most people to understand. I directed many friends to your videos but they all complaind your speed is too fast oooo😂😂😂😂😂. Please i beg, would you redice your speed, mwam?

[@ChideraPeters]

lol 😂 this cracked me up. Sorry about that - I’ll try

[@LindaOgochu]

Thank you, sister Please, in this plum saves account, can i withdraw it anytime i want.

[@ChideraPeters]

Yes you can. The amount will be credited to your account by the next working day before 5pm

[@moboagboola4684]

Quite misleading! Different people with different intents. & plans. You don't go about opening 100s of account if u're busy.

[@simongurung7715]

Monzo international

[@DanielAleruchi-Williams]

isn't having multiple accounts mess with ur credit.. and charges

[@HopeFufilled-re3vr]

Good for people with long money

[@stephendwamena1522]

❤❤❤

[@myafrosheen]

I'm sorry but nobody needs a cash isa. Within your stocks and shares isa you can hold a cash balance...

[@pdaniaful]

Try Easy access Cash ISAs like Zopa that pays 4.80%, guaranteed place to park your emergency fund. access when you need it instantly, no penalty for withdrawing, no forfeiting your ISA allowance if you take money out, meaning it's flexible. What's not to like??

[@Thai.Farang]

What are you sorry for?

[@manni192]

Please don't shake your bum on a yacht in Dubai. It's a conservative country with family values. Aside from that great video.

[@ChideraPeters]

lol 🤣🤣 thank youuuuu

[@mhobson9478]

BEST bank in UK pay it forward enjoy the rebates

[@Betty-s4u]

Speaking too fast.

[@harryr9729]

Do people not research? Spoon feeding them 😂

[@charlesonline_]

Online monzos are boring bcoz they dont offer you anything no loans no nothing

[@LilzGwapz]

Yh they do I can get a loan on mine

[@Sunriver-ny5cz]

Monzo does coffer loans and credits cards too.

[@suzzietemmy2256]

⁠@@Sunriver-ny5cz You are right. I have Monzo credit card. It’s called Monzo Flex. And they also offer loans. I have also been asked to get a loan before.

[@brownstone3809]

Monzo is good for holidays

[@LuisWilliamRosario]

Yes they do... Stop spreading misinformation.

[@venlafaxinedomperidone8377]

Its better to run away from this low income shithole than have six accounts