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Deleted member 294929
He is but he, like a lot of other 'names' lost a fortune when they trusted Lloyds to look after their money. You’re old enough to have been around during the Lloyd’s scandal, don’t you remember it?
It’s not. Unless you are a limited company, you can move your money wherever you want. (Not with a limited company as it belongs to the company and not you).
Why not get a Chase account and use that solely for your business? You get a debit card that gives you 1% cashback and a savings account and you can move money between the two instantly on your phone. The savings side pays 4.1% . No transaction charges either.
You must have seen the advert?
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You want a cash ISA, a Stocks and Shares ISA costs money (say 4% commission) to pay in and out. Over a 12 month period any gain will be lost to commission charges.
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Deleted member 294929
What is Money box ATM ?
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Deleted member 294929
It’s not. Unless you are a limited company, you can move your money wherever you want. (Not with a limited company as it belongs to the company and not you).
Why not get a Chase account and use that solely for your business? You get a debit card that gives you 1% cashback and a savings account and you can move money between the two instantly on your phone. The savings side pays 4.1% . No transaction charges either.
You must have seen the advert?
I do remember Lloyd's I think I was in Australia at the time. Northern Rock who we had our mortgage with went it's up.
Tell me about Chase. Can I open a business account with them?
What do you need a business account for? Just open one in your name if you are a sole trader.
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Deleted member 294929
I'm not sure how long they would let me do that.
Can I open different pots with the account?
It’s just a bank account. Open it in your name, get your customers to pay you and pay your bills from that. Once opened, you can open the savings account that pays 4.1% and move money between the two instantly.
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Deleted member 294929
With my Lloyd's account I can open different pots within the main account so as I can see together
I give them different titles like:
Tax
Tools
Holliday
Maserati
New Van
Pension
And I move money about. Can it do that?
Maserati - really ?
You can do anything with a chase account that you can do with a 'normal' bank account. Yes, you can open different 'pots' if you like but they only pay 1%.