Goal for the month was to clear £1440 from my Flexiloan account but I am ending the month £215.54 short of that goal. Still not to worry I have opened a Regular Saving Account (RSA)and have deposited £260 into it. The account has an interest rate of 6.4% (net) and 8% (gross) but this is only for 12 months. Also by opening this account I will not have to pay the £10 monthly charge for my new current account. Sure the money deposited into the saving account would more than covers the short fall to my flexiloan payment but I'm happy to have the money in a high interest saving account.