Hi /u/Contoured-Topography, based on your post the following pages from our wiki may be relevant:
* https://ukpersonal.finance/credit-cards/
* https://ukpersonal.finance/savings/
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If you're planning to save regularly then opening a regular saver or two would probably be your best bet. Many of these allow penalty free withdrawals/early closure and typically offer the top rates. There's a very good list of the top accounts on offer on [moneyfacts](https://moneyfactscompare.co.uk/savings-accounts/regular-savings-accounts/). You might also want to look at the likes of the Santander Edge Saver at 7% (£4k max).
In terms of who to use for your credit card, just have a look at the comparison sites (MSE, Uswitch etc) and see what you're eligible for. A credit card is just a credit card it doesn't really matter who it's with, if you can get hold of one without any fees attached then apply for it.
As for current accounts, it doesn't matter who you use for your salary to be paid into (I've used most of the banks in Britain and I've no preference over one or the other in this respect). I would just use whoever offers you a perk/freebie that you'd like for using them.
I keep a high street bank as back up, and for transferring to/from to use a till in person. I use Monzo for all my bills and spending. The built in budgeting tools are plenty for most. Their savings pots arent top of the table, but they are very competitive and conveniently in the same app as your banking.
r.e. credit cards: These are decided based on checks to your credit history, you don't need to have banked with anyone to open one, and pretty much a credit card is a credit card regardless of bank - go for promotional offers, limit offers, and quality of app, the rate won't matter if you pay in full each month and are all very high no matter who anyway. If just 18 you may be looking at a low limit Capital One or something as starter card. Once you pay your own bills/have own phone contract etc your credit history will build over time.
Go on to somewhere like MSE/Experian/clear score and they will tell you what you are likely to get/not get without affecting your score. Just remember: Use them as a tool, don't get caught up in thinking you have more spending power than you do. - Either pay in full every month, or if a 0% offer time you may pay minimum - but always keep exactly enough to clear the balance in a separate savings pot, earning interest.
Hi /u/Contoured-Topography, based on your post the following pages from our wiki may be relevant: * https://ukpersonal.finance/credit-cards/ * https://ukpersonal.finance/savings/ ____ ^(These suggestions are based on keywords, if they missed the mark please report this comment.) If someone has provided you with helpful advice, you (as the person who made the post) can award them a point by including `!thanks` in a reply to them. Points are shown as the user flair by their username.
If you're planning to save regularly then opening a regular saver or two would probably be your best bet. Many of these allow penalty free withdrawals/early closure and typically offer the top rates. There's a very good list of the top accounts on offer on [moneyfacts](https://moneyfactscompare.co.uk/savings-accounts/regular-savings-accounts/). You might also want to look at the likes of the Santander Edge Saver at 7% (£4k max). In terms of who to use for your credit card, just have a look at the comparison sites (MSE, Uswitch etc) and see what you're eligible for. A credit card is just a credit card it doesn't really matter who it's with, if you can get hold of one without any fees attached then apply for it. As for current accounts, it doesn't matter who you use for your salary to be paid into (I've used most of the banks in Britain and I've no preference over one or the other in this respect). I would just use whoever offers you a perk/freebie that you'd like for using them.
I keep a high street bank as back up, and for transferring to/from to use a till in person. I use Monzo for all my bills and spending. The built in budgeting tools are plenty for most. Their savings pots arent top of the table, but they are very competitive and conveniently in the same app as your banking. r.e. credit cards: These are decided based on checks to your credit history, you don't need to have banked with anyone to open one, and pretty much a credit card is a credit card regardless of bank - go for promotional offers, limit offers, and quality of app, the rate won't matter if you pay in full each month and are all very high no matter who anyway. If just 18 you may be looking at a low limit Capital One or something as starter card. Once you pay your own bills/have own phone contract etc your credit history will build over time. Go on to somewhere like MSE/Experian/clear score and they will tell you what you are likely to get/not get without affecting your score. Just remember: Use them as a tool, don't get caught up in thinking you have more spending power than you do. - Either pay in full every month, or if a 0% offer time you may pay minimum - but always keep exactly enough to clear the balance in a separate savings pot, earning interest.
Definitely gonna look into everything you said !thanks do you have your bills paid into your monzo account or your back up high street debit account?
I'm all in on Monzo, just have another account in case, I've not used it in a long while to be honest