Automating transfers from savings account

Does anyone know of a savings account that lets you set up a standing order to transfer money out of it? Trying to automate my budgeting but it seems most don’t allow for this.


I don’t know of any but I can’t say I’m surprised. Savings accounts are for the long term, not for regularly withdrawing from.

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Except at Chase where my ‘bills pots’ are earning interest :eyes:

Such a shame that Monzo removed interest from normal pots :slightly_frowning_face:


Chase does I think.


Yep. I have a few standing orders set up to move money out of my savings accounts with Chase.

Another :+1: for Chase.

Been doing SOs from my interest-earning Chase Savings accounts for ages now.

Coventry Building Society do too.

Starling saving spaces earn interest (up to £5k) and as they’re technically part of your main current account you can set up standing orders to come from them.

NatWest / RBS can do this. You can organise a sweep two way and up to daily based on any number of criteria - current account balance or similar. Coutts will offer it as well. You will need to ask in a branch and fill in a manual form, but they will normally allow for no fee.

Ask to set up a Variable Recurring Payment.