Do you put your money in the right place? -

Do you put your money in the right place?

Everyone needs a bank account, here’s a handy way to help pick yours

money in right place

If you find the prospect of choosing a new bank account a totally overwhelming concept, you are not alone. The sheer amount of them offered by the banks is intimidating. Yet, they are essential to have. The reason that there are so many on offer is to appeal to a wide range of different people with different requirements and circumstances. So don’t panic - there will be a bank offering a bank account for you that is better than another bank’s product range. Choosing the right one for you is crucial as a bank account has the potential to make your life easier and more affordable.

And our quiz will help you do exactly that! Depending on your personality, wants and needs, there will be a bank account saving type that suits your position better than others. When you know what type of saving (or spending) personality you are, you can better approach the bank account market, knowing what type of account suits you best. So, if you are a spendthrift, you will likely want a current account where you can build up rewards for your spending habits. Or, if you are a saver, you will want to look at regular savings accounts that pay you a good interest rate for making regular deposits into your account.