| Comment | Nationwide here too (remember, they're a building society, so all things being equal, they should charge less fees, and pay more interest, as they don't pay dividends to shareholders) and I haven't had any problems. TSB is mostly fine, they seem to have fewer issues every time I have to make an unusual transaction.
It's good to have multiple bank accounts just in case something goes wrong: if you depend on internet to use your bank, a random fault in its computer systems could make it inaccessible for days (TSB again a couple of years back). It's fairly easy to set up a standing order to, for example, transfer half your salary and to split the various outgoings across accounts. Given the hassle setting up an account with a new bank, there usually isn't any reason to close an account, just keep it active my transferring something like £1 in/out a few times a year. |
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