Savers Vs. Current Accounts

[hello1212]

Hey guys,

With regards to MP, which one do you prefer?

I've been using current accounts from Neo banks for my stealthing, but noticed a lot of people using savers accounts for theirs.

Is there any benefits to using a savers account as apposed to a current account?

Thanks!

[Boogie_Woogie_MAn]

Savers won't work now.

[hello1212]

Originally Posted by Boogie_Woogie_MAn

Savers won't work now.

Yeah I heard, just curious why everyone was using them, didn't seem like a good idea

[johnboy60]

Can you use your normal personal details on a new bank account? wont ebay recognise the name with a banned account?

[rsot]

Originally Posted by johnboy60

Can you use your normal personal details on a new bank account? wont ebay recognise the name with a banned account?

Welcome to the forum - all the best as you master stealth

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eBay can't see the true name on the bank account by default unless payment is uploaded/sent from the account...

[sax4]

Wasn't there the thing that if you add a savers a couple of times then it will fail, but after that they allow you to upload a bank statement? or something like that

[Ebayorbust]

Most folk preferred using savers at the time as they were 10x easier to open than current accounts. A lot of banks allow savings accounts to be opened (and closed) instantly via their apps. There's also no credit checks involved when opening a savings account.

I could open 30+ savings accounts this morning and nobody would bother. I very much doubt I could do that with current accounts. It would take a lot longer to get that amount opened.