Bank Accounts

[ImLostAgain]

Is there a type of bank account where one can put a lump some in and withdraw monies when needed without having to open up dd's?

[barry1010]

Yes, any current account. The requirements for DDs is linked to the bonus offers the banks offer when you open a new account. If you don't set up the DDs you don't get the bonus.

[ImLostAgain]

Thanks for that barry.

[barry1010]

Might be worth looking at savings accounts that allow withdrawals if you only intend taking out cash a few times a year

[ImLostAgain]

I was just looking at them when you replied.

[New Judge]

Go for one of the smaller banks or building societies. Kent Reliance does an "Easy Access" savings account which pays 2.47%:

https://www.kentreliance.co.uk/savings-accounts

[ImLostAgain]

That looks interesting New Judge. I'll look into that a bit. Thanks.

[mjwman]

Chase is the answer, good interest on savings and you can charge a debit card from it or from anywhere.