What's your bank of choice and why?

Personal Finance Bank Accounts
21

In the last month I have moved my main bill paying account from RBS to Starling. I moved my day to day spending account to Monzo a few months ago.

I am a bit disappointed with the Starling app, while it is better than the RBS app I am surprised that it is so far behind Monzo in functionality. The functionality i miss the most is setting a specific payday and the budget view being based on the custom payday, supporting the ‘left to spend’ display. I also miss the total of committed/scheduled spending value.

If I could only have one bank account it would be an easy choice, Monzo.

22

Why don’t you have just one bank account? :stuck_out_tongue:

23

2 main reasons to have more than one account:

  1. imho, I expect my (any) bank will have an IT meltdown that will take out service for a few day. Having 2 accounts lets me manage that risk. (I work in IT, in Financial Services).

  2. I like to keep bills away from everyday spending. Monzo have just launched a separate ‘bills pot’ which is a great start but is not fully formed yet.

1 Like
24

The horror. :laughing:

1 Like
25

:100: their customer service is fabulous

1 Like
26

I am a proud Barclays customer (10 years). :crazy_face:

1 Like