I’ve seen a few people here, and in our recent reviews, that keep a separate account for bills. Is that you?
Can you tell us more about why you do this, and whether it works, or if it just adds complexity?
It has become much easier to open multiple current accounts, and so there’s really no longer a need to worry about “switching” (i.e. closing the previous account and moving wholesale to a new account) unless you are concerned about balances or payments getting missed in the mix.
Does it help to have a separate account for different reasons: for bills, for going out, for travelling, for saving, etc.? Or is it better to keep things in one place to get organised?
If you have a separate account for major bills, what are the key features it offers, or is it just enough to have a dedicated account for this money so it is not spent?
I’m curious more than anything about emerging behaviour