App savings account, no trace ( asking for a friend )
App savings account, no trace ( asking for a friend )
Author
Discussion

JABB

Original Poster:

3,609 posts

265 months

Saturday 16th December 2023
quotequote all
A friend is looking for a savings account to put circa 20k into with instant access, ideally an app based, paper free environment.
Looking around there seems to be a few at approximately 4.5%

Anyone got any recommendations please? Not a full bank account, purely a savings platform for a one off lump sum to sit for a rainy day

ninepoint2

4,071 posts

189 months

Saturday 16th December 2023
quotequote all
Marcus or Chase

MaxFromage

2,640 posts

160 months

Saturday 16th December 2023
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Chip. 2 minutes to set up and you're done.

RATATTAK

18,967 posts

218 months

Saturday 16th December 2023
quotequote all
Tandem

mikef

6,158 posts

280 months

Saturday 16th December 2023
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Atom bank - great rates, quick and easy to set up if you're transferring from an account in your name

Killer2005

20,581 posts

257 months

Sunday 17th December 2023
quotequote all
YBS have a 4.8% Internet saver and a reasonable app.

hodjie

60 posts

177 months

Sunday 17th December 2023
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Kent reliance 5.06 %

Simpo Two

92,680 posts

294 months

Monday 18th December 2023
quotequote all
'No trace'... an interesting requirement.

In the long term I'm sure we'll see a rise in orphan funds as people die, everything is on an 'app', their phones are locked and executors won't know how much they money they had or where it is.