Banks/ financial layout
Hi guys I’m 25(M) with £0 in savings. I don’t know if I’m overthinking this massively ect. I’ve been researching a lot on savings and banks/ apps to use and my heads been hurting for ages trying to work it out. I currently have
Barclays- money in and DD out account
Monzo- monthly budgeting/ pots
T212- future investment
What I’m overthinking is I wanted to have my emergency fund and cash isa savings in Monzo, however from what I’ve read about Monzo I’m just so scared to leave my savings in there, but I really want to because I love everything about Monzo! I understand there rates aren’t the best, but it’s simple and easy to use.
I do have chip but unfortunately I opened this 6 months ago so now I only have 6 months left of my bonus rate of 4.2%!
I recently got zopa and I like the layout ect, but again there rates aren’t the best.
I was going to keep my cash savings in T212 cash isa, but my brains really weird, I like things simple and easy! I want my savings & cash isa in one app so I can see it all together if that makes sense.
So my question would be, am I overthinking all of this by having to many accounts/ apps? Does the rate matter for someone like me now who’s just starting? And should I trust Monzo with my savings? Where should I start please? What banks/ savings apps? Thank you.