budget account 
noun British
An account with a bank, store, or public utility into which one makes regular payments to cover bills.Clients can arrange a simple budget account through the centre to help them pay their priority debts....
- Instead, it refers to the proposals it put forward last month to introduce individual budget accounts.
- As the premier Department store in the city, Shaws Waterford boasts an excellent mix of departments, carries top brands, has a well-trained staff and runs a very attractive budget account system for customers.