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MSE News: Millions benefitting from fee-free basic bank accounts
Legacy_user
Posts: 0 Newbie
More than four million banking customers benefitted from fee-free basic accounts during the opening six months of 2016 ...
Read the full story:
'Millions benefitting from fee-free basic bank accounts, but some Lloyds and RBS customers are missing out'
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'Millions benefitting from fee-free basic bank accounts, but some Lloyds and RBS customers are missing out'
Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
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Comments
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Aren't these two banks part publicly-owned?
Sounds to me like there's a severe lack of public interest by government.
Warning: In the kingdom of the blind, the one-eyed man is king.
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From the article:
It is in fact becoming increasingly impossible to apply for a basic bank account. A regular account has to be applied for first and then the basic bank account is offered if the regular bank account is not available to the applicant.You don't have to have credit problems to open a basic account, so it may be an account to consider if you're looking for a simple product that can help you manage money and won't allow you to go overdrawn.
In addition even a basic bank account is often not available to those who are bankrupt or have an IVA!
Get clued up, MSE.0
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