Best joint account to open for wedding savings?

[forcookssake]

Just wondered if anyone could share any recent experiences-DP proposed over Christmas and we will be covering all the costs ourselves-our finances are currently wholly separate although we contribute equally to living expenses.
In view of this I want a good, simple shared(new) account so we can each set up a monthly SO to ultimately pay for the wedding.
Is there much to choose between the high street banks-any particularly good, any to avoid... Any considerations or ramifications I've overlooked in my excitement?
Sorry, not my most concise post, thanks for any input!

Congratulations on the wedding!! To my mind high street current accounts are pretty much of a muchness, however having online access and a cheque book were pretty handy when it came to managing stuff (I was surprised how many people want pre-payment doe stuff by cheque, and we got married only three years ago).
If you're not planning on having the ceremony next year then maybe a high interest savings account that you can leave alone for a while to get more interest may be better.

Ooh, cheque book, hadn't considered that, thanks!

Congrats!!! We got married in April and had set up a joint savings account with Bank of Scotland for any wedding finances (we were saving for three years so made sense to have a savings account rather than a current one) I paid most of my wedding suppliers via bank transfer on the lead up to the wedding and then the rest wanted cash on the day so we had no need for a chequebook or debit card.

Thank you both for your input

best interest rates (a below-inflation 3%) are actually with current accounts. Choose from Lloyds, TSB and Santander, who all offer 3% above a certain amount in the account. Actually on second thoughts go for Lloyds and TSB first, as they don't charge fees and don't need direct debits. You can have 3 accounts each with each bank, each containing up to £5k. So that's a total of £30k which I hope will be enough!!

No tie-in either should a better option come along.

there are no high interest rate savings accounts at the moment in the UK.

Thanks specialsubject that was a really helpful post

Well that was a bit of an anticlimax
Turns out DP's crappy credit means in terms of a joint account we're currently limited to a basic 'cash account' with no cheque book etc.
I'm being stoic and he's going on ex perian to see if there's anything to be done to improve his score.

ah.

can you get an account in your name along?

and, er, if has credit issues due to overspending you have some talking to do. Of course it may just be to no credit record.

'...your name alone'... oops.

I already have a current account and a historic 'current' account so I can't quite face individually opening a third sole account in my name for a joint endeavour... Erm, I got my big girl pants on sooner in life, so already have a house with all household bills set up in my name. When he officially moved in and began contributing informally, the bills stayed in my name. I hadn't anticipated this credit score issue when we made our first wave of plans and agreed to live together...
He doesn't have bad debt (though we both have student loans ticking along), but I've today learned there have been one or twoDD s which bounced due to sloppy account management. So not much on credit file but negative strikes due to poor cash flow. Harrumph.
He reflected that he would have done things differently if he had his time again.

Yikes that was lengthy, I should have offered half way through

quite brief really!

it is just about worth spending an hour opening one or more of these accounts - make an appointment at your Lloyds or TSB so you don't have to wait around. 3% is the best there is right now!

Right y ho, back to Lloyds... it's either that or a tupperware under the bed

We are historically very 'bad' savers.

We will save, but find ourselves dipping in in the week before payday.

For our savings I opened an account with our local Credit Union. There are no 'quick' pay out methods - the office is open 9am-2pm every day and you have to actually go into town and visit the office with ID to give the account details you want a payment made to. It means no ad-hoc 'it's-the-Friday-before-payday-lets-just-pinch-50quid-for-a-meal' is possible, which is exactly what we needed.

You also get a paypoint card, so you pay money in at any corner shop that has a paypoint machine.

I'm not even sure there is a credit interest rate - but our savings total about £10k atm. I'm really not bothered about the £2.50 (or similar) in credit interest we would have earnt in that time!

£300 a year before tax.

still peanuts but more than a hundred times the peanuts you mention.