As you know, current accounts let you deposit money and withdraw money using debit cards, cheques and online transfers. I think of my current account like an email inbox: all my money goes in my current account, and then I regularly apportion it out to appropriate accounts, like savings and investing, using automatic transfers. I pay most of my bills with my credit card, but the bills that I can’t pay with my card – like rent or my car payment – I pay directly from my current account using automatic transfers.
