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  • FIRST POST
    • orwen
    • By orwen 19th Mar 17, 5:13 PM
    • 164Posts
    • 83Thanks
    orwen
    Second Bank Account?
    • #1
    • 19th Mar 17, 5:13 PM
    Second Bank Account? 19th Mar 17 at 5:13 PM
    Hi,

    If I need a second bank account with a debit card and no charges - very basic, no frills - is a TSB Classic Account the way to go please? I know they've just cut interest rates.

    http://www.tsb.co.uk/current-accounts/classic-account/

    Thanks.
Page 2
    • eskbanker
    • By eskbanker 24th Mar 17, 1:43 PM
    • 4,770 Posts
    • 4,509 Thanks
    eskbanker
    We had a business acct before, a right complicated faff! This time it's for a much more ad-hoc usage so looking for a simple acct.
    Originally posted by buglawton
    Which accounts have you considered so far from your research and what do their Ts & Cs say about business use?

    Some of my personal accounts are with Santander and I opened a new business account with them a few weeks ago - it was available for use in my online banking the same day as I applied, a completely painless and faff-free experience!

    You may find that a business account with your current bank is similarly straightforward, but I wouldn't recommend opening a second personal account with the same bank in case they took exception to misuse and jeopardised access to all of your money - avoiding 'all eggs in one basket' is another reason why many on here have multiple accounts....
    • buglawton
    • By buglawton 24th Mar 17, 3:12 PM
    • 6,725 Posts
    • 2,922 Thanks
    buglawton
    A biz account is more complicated to log into and has lots of additional bells & whistles like you can add users for restricted actions. But most of all, it charges an annual fee.
    Got a fur sink. An electric dog polisher. A gasoline powered turtleneck sweater. And, of course, I bought some dumb stuff, too. –Steve Martin
    • buglawton
    • By buglawton 24th Mar 17, 3:17 PM
    • 6,725 Posts
    • 2,922 Thanks
    buglawton
    My issue is I cannot spare the time to go into town centres of any kind. So need some accessible in branch service for exceptional issues and to present form/ID to open it.

    I tried the local post office today but they don't have the forms or the competency, so are not an 'Account opening branch'. Next I thought of Tesco in case some in-store service is possible at a large branch I pass on the way to work.

    But... "To ensure we can serve our existing customers we are pausing applications for new accounts"
    Got a fur sink. An electric dog polisher. A gasoline powered turtleneck sweater. And, of course, I bought some dumb stuff, too. –Steve Martin
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