I am looking for one account that enables you to save into different 'pots' for different purposes. I would never keep track otherwise. I keep hearing about them but have never come across one - anyone have one?
Never heard of that sorry. Then again, I find it easy enough to set up a various savings accounts with my online bank and transfer money between them. Short term for emergency top-ups, longer-term for Christmas or holidays, Cash ISA for money I don't want to touch for a year or so....
I've never heard of them either. I do it myself though. One account with all the money in, then I have a spreadsheet with different columns in for different purposes/expenditures. Every time we put money in/take it out I update the spreadsheet so there is a record of which pot has what amount of money, if that makes any sense.
I think Lloyds do it too. They have a current account which pays up to 3% interest, which is the best you'll do at the moment. Don't sacrifice interest gained by keeping money in one account for the sake of budgeting. You only need a simple spreadsheet or even a notebook.
Thanks for the replies. If I kept it all in savings and never took it out I would happily keep it in one of my existing accounts, but as things are I have to keep 'borrowing' from savings and it is too much to keep track of via a spreadsheet.