www.iva.co.uk

I have budgeted a certain amount each month for items such as car tax, MOT and maintenance which are paid on an annual basis but am having trouble separating this money from available funds in my account. Can anyone suggest a good basic bank account (no overdraft) for someone in an IVA so I can transfer these monthly budgeted amounts to build up the annual payments? I do my banking online so an online bank would be preferable. (apart from Smile who are one of my creditors!!)

Thanks

Kitkat44444

Have a look on the money expert site. It does a list of basic bank accounts which shows exactly what facilities each account comes with. I know NatWest do a basic step account which comes with a Maestro card and I believe Nationwide and Coop do a basic account with an Electron card and internet banking.

Good luck in your search