The best checking account

Is it worth getting an additional amount from your bank each month, and if so, which is the best bank to pay?

There are a number of reasons to switch banks, and payroll is an increasingly common way banks are trying to trick you into paying with them.
From free cinema tickets to paying five times the monthly payment on your account, everything is definitely better than the usual accounts we use that return nothing.
However, they are not without their drawbacks, including the fees and terms you set monthly for direct debit or deposit.
And this year there have been some renovations to prevent those who only have bills for rewards, not their regular expenses and savings.
Whether you’re just looking for an account or looking to play multiple systems, it’s worth considering.

You can make money monthly or money for free

Some accounts offer cash, others offer free, others give you a choice between cash and free.
Pricing accounts are chargeable

These benefits are not actually free! All accounts have a monthly fee. You can avoid this by paying a certain amount of money each month. Another person to consider when figuring out how much you are going to make.
You may need to “ask” the price

While some will deposit prizes into your account, others (Natwest & Barclays) will place funds in a separate gift wallet which you will have to manually withdraw. It’s really a little useless.
And if you do claim a cash prize, you should vote for it, although you don’t have to do something different every month.
There will be additional requirements

Some pricing accounts require you to set a direct debit or pay a minimum amount each month.
This is typical. You may not be asked to do all of them, maybe just one or two.

Set direct debit
Banks often ask for one or two direct debits, sometimes for a minimum. While “active” usually means the money was due in the past year, the bank using it will only pay you in the months of direct debit payment.
It’s no big deal when you’re paying the bills. They all have direct debit you can use – although this may be more suitable for checking accounts with cashback.
In this case, direct debits can easily be arranged for other purposes, eg. B. for credit card accounts, memberships, subscriptions, and donations to charities.
You can change a different bank direct debit to whoever you are paying with or make partial changes with your bank.
Pay money every month
A minimum monthly deposit is often required for gift accounts. This is to encourage you to pay your salary there. You can easily do this if you want – just let your HR department know the new details.
But you don’t have to. Easy to transfer money from another checking account with fixed orders. You can do this as a lame person or break it down into smaller amounts at the end of the month if that’s better for you.
And he doesn’t have to live there. You can transfer it back immediately.
Issue your debit card
If you have multiple accounts, you will also need to issue a debit card. If you can do this as part of your regular expenses, then great, but of course be careful if you don’t.
Use internet banking or your application
You may also need to log into your banking app or online account once a month to qualify for rewards.
The presence of multiple accounts for the price

As I’ve said many times before, there’s no reason you only have one checking account – and that means you can have multiple reward accounts.
You only get one personal compensation account at each bank, although you may have additional accounts as joint accounts with multiple banks. This means you can potentially have three accounts with three times as much budget and prizes.

But the more you have, the more you have to do to be right. Some are easy to fix, others may make them less useful.
Recycle incoming payments

As explained above, most people should be able to cover it with checking account prices. And if you have more than one, it’s easy to repeat for the others.
In fact, I moved money from one bank to another to meet the eligibility threshold and it eventually returned completely to my original account.
Check out the app

It’s a little funky, but manageable. Make sure to keep this in mind if this is not your main account. I have recurring entries on my calendar to check all applications. It’s also a useful reminder to claim or transfer a prize.
The debit ran out immediately

If you have multiple award accounts, you can quickly run out of direct debit. Before, you could raise a few pounds for charity, but the bank did it anyway and made it useless.
For example, Natwest will reimburse you £ 2 for each direct debit, but DD must be at least £ 2. So if you set up a new payment to get the price, you won’t get any better off.
Of course, this can be seen as free money for charity – which is great – but it does take a bit of effort.
My best bank account with prices

Here are my thoughts on the different pricing accounts.
Club Lloyds account

What You Get: Six Free Movie Tickets, Monthly Movie Rentals, Magazine Subscriptions OR Dining Membership
Monthly fee: £ 3 although refundable if you pay £ 1500 per month
What You Get Each Year: £ 54 (equivalent to 12 films available for rent on Rakuten)
Requirements: None

Tagged : / / / / /

Leave a Reply

Your email address will not be published. Required fields are marked *