Imagine there's one day every year where a complete stranger hands you fifty quid. Now imagine that was garuanteed every year for the rest of your life. That's like being given a pair of shoes. Or twenty pints. Or a meal out. If you're a regular earner, this could be a reality, so follow our simple advice to get your bank to pay you money for doing absolutely nothing!
Most Banks offer current account's with higher rate's of interest if you can commit to paying in a certain amount a month.
Shop around to find the highest-paying current account you can, and then arrange to have your salary paid into it every month.
Keep your regular current account, which won't be paying as much interest, but will provide a holding pot for your spending money.
Work out how much you pay every month in standing orders, direct debits and other regular payments. Include your rent or mortgage, insurance payments and all your utility bills. Subtract this total from your monthly salary. The remainder is yours to spend as you like, so transfer it into your regular current account, leaving the money for your direct debits in your high interest account.