Bank Account Question

[Euronymous]

I have two bank accounts, one at Abbey is for my normal day to day stuff - direct debits, mortgage etc etc, The other at Alliance & Leicester holds my betting funds - when i opened this account it paid interest as long as i funded it by over £500 a month. This was before i went online when all or most of my betting returns were by cheque. Now i exclusively bet with Betfair and any money that i put into the A & L is classed as a refund and therefore not applicable as funds towards the £500 target.

I`ve tried to sort this out with the bank but i can`t get the right account. Anyone know of any banks who will let me have some interest for my money?

 

[betsmate]

Set up a online Cahoot current account which I don't believe requires any monthly commitment (therefore the refund issue is not a problem) and earn 3.25% interest on any balance. At the same set up a free online Cahoot savings account (which pays over 6% interest on monthly balances) and to which you transfer funds instantly online to and from from the current account.

Maintain your working capital in your current account and the remainder in the hi-interest savings account. After all you can top up your current account from it easily enough any time without incurring a charge when you have money tied up in markets (I didn't want to say after losing!)

This is just an idea, I don't currently use this set up myself, so worth checking out with Cahoot properly if no one else has experience.

Little things like this could really make the difference. I am looking to build a betting bank for the summer when I plan to get back into betting properly. I will definitely give something like this a thought.