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Lorna.l
Posts: 26 Joined: Thu Jan 08, 2015 6:25 am
I want to use a post office account to save some cash that doesn't go into a bank account.
Can i?
Foggy
Posts: 33396 Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
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I see no reason why not, as long as you are only saving money from your allocated allowances and shares of overtime, bonus payments etc.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
kallis3
Forum Expert
Posts: 77167 Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom
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The post office are now looking to close down accounts so I would look towards an account such as the Co-op
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
Foggy
Posts: 33396 Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
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I opened one with the Yorkshire Building Society ( not bank) they do a line of e-saver accounts with online access.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
watzki
Posts: 353 Joined: Sun Dec 20, 2015 6:52 pm
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We got one with Virgin online with no problems
Today 1st of December 2016 the vultures finally flew away
Michael Peoples
Industry Expert
Posts: 15189 Joined: Mon Nov 03, 2008 12:36 pm
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Some firms try and grab savings but we actively encourage it. There is no harm in having a savings account if the bank is happy.
plasticdaft
Forum Expert
Posts: 9562 Joined: Wed May 21, 2008 12:45 pm
Location: United Kingdom
Agree with foggy regarding the ybs online savers. Very easy to transfer money into and out of.
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.