|
You can run everything through the One Account, this includes your mortgage, your savings, your loans, and your credit card balances. Not forgetting using the one account for all your day to day banking needs too. How does the One Account work? By compiling all your accounts into the One Account the money you have in your savings and current account reduces what you owe on your mortgage, loans and credit cards each and every day.
Put simply, we bring everything into the One Account. In doing so it can make a huge difference to every area of your finances.
Mortgage - Save thousands in interest by repaying early
As you have both your income and savings merged into the One Account this works to reduce your mortgage on a daily basis. By simply paying an extra £100 a month into your account could save you over £22,000 in interest.
Savings - Having no tax to pay gives you a better return
Paying any savings you have into the One Account reduces your borrowings and therefore saving you interest. You save on tax because its interest saved rather than interest earned. You can still draw out your money instantly.
Loans & Credit Cards - Cutting your monthly borrowing costs
As all your accounts are merged into one, you pay one mortgage-style interest rate for everything you borrow, which means no need for expensive loans or credit card rates.
Banking - a banking service with a personal touch
We'll supply you with all the tools and information you need to manage your money. You can contact our team day or night by either phone or online.
|