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Budgeting & bank accounts

Archives for January 2006

Natwest Current Account to get to balance free transfers?
Ive just opened a current account with Natwest......solely because I wish to apply for a 0% credit card with them and there are no balnace transfer fees if you have a current account. My question is........does anyone know if I have to actually make use of the current account to keep the 0% transfers valid? I do all my…
Bank history
My NatWest current account pays a pitiful amount of interest and has a fairly high overdraft rate. I'm looking to change, but one thing I'm thinking is that I have had that account for almost 10 years. When you are looking to borrow money, does the length of current account history count for much? Also, do the current…
Coventry BS - 5.10% Current account
Very interesting little flyer came with my mortgage statement. CBS are starting a current account with a 5.10% AER (just shy of 5% gross) interest rate paid monthly of which 0.85% is a 1 year bonus. The deal is that you pay in £1000 a month from a non-CBS source to get the rate. The nice thing is that there appears to be…
Bank Account (gifts etc.) for minor
Hello I would like to open an account to be managed by myself but named for my niece who does not live with me. This would be used for regular saving on her behalf and ad hoc deposits at birthday's etc. Is this possible? Can members recommend an a/c? Any pitfalls I should be aware of? Thanks, Ben
A and L bank charges
I have just had a read on the bank charges illegal thread and i am slightly confused. We (meaning my husband) used to get paid weekly, most weeks on pay day our online bank account would show that we had gone over the agreed limit and at the end of each month we would have a charge for going over the agreed overdraft, even…
Halifax Fixed Rate Regular Saver + Alliance & Leicester’s Premier Direct accounts
Forgive me is this is a stupid idea...I'm new to all this :D Does anyone know how long you have to keep your money in either of these accounts before the interest is paid? Is it paid in monthly? The reason for asking is I had the idea of paying in the required amount every month up until the end of the financially year…
Current Account for pensioners
Can anyone recommend a current account for people on low incomes such as pensioners. I am lookin for a new account for my mother who is getting a measly ammount of interest on her money at the moment (.25% AER) in a Nationwide FlexAccount. If she paid into the same account at least £1000 per month it would go up to 3%. Her…
Cahoot Won't Accept ID
Hi, I've just opened 3x bank accounts with no problem. Most bills have only my name on them, so we have very little with my wife's name on. The solution to this was easy. We got our pasports certified by our solicitor. That was accepted by the 3x banks. BUT Cahoot will not accept a certified copy of my wife's passport…
DCC and ATMs abroad: for the attention of Nationwide card users
I was always sure that the best way to avoid Direct Currency Conversion abroad is by withdrawing cash and using it for purchases intstead of a debit card. This is still correct. However, as I just discovered, some caution is needed with ATMs too: Dynamic Currency Conversion – it’s all foreign to me! 21 Nov 2005 For more…
Egg Money Manager
Any advice on use and / or security of this please??? :question:
Budgeting software?
Do anyone use software to keep track of your pennies? If so, which do you recommend? It's always good to have one that can predict how much you will have to spend on yourself each month, rather than try and work it out and some of my DD's vary and come out quarterly etc. Thanks :T
Getting Money Out
Changed to A and L but still no card or chequebook after a month. I get paid on Tuesday - can I go to a branch and get money out with ID only?
Smile and internet banking
I filled out an application for Smile - the apparently easy internet bank - and it was so much hassle that I just can't be bothered with it anymore. The whole point is that it is done over the internet and easy but I ended up getting lots of messages to phone them - and then wait in queues. I even got an email saying they…
Spreadsheet help
Just wondering whether anyone had an excel spreadsheet that can be used to keep track of your financial situation at any given time. I want one where I can put in my bank balances, invesments, liabilities etc, on a given day, and it'll work out my 'net worth' or whatever you want to call it. Ideally, i'd like it to keep a…
Barclays £100 How many people got a rejection?
Well i was quick enough to get the application in. I even got an email saying due to excess demand it would be delayed up to ten days. But today i got my rejection letter for the Barclays account! Apparently my credit score was not high enough. I thought it would be interesting to see just how many people get this reply,…
Recover excessive bank charges
Bank penalty charges for exceeding limits or returning direct debits etc are unenforceable at law and you can get them back Come to The Bank Action Group at https://www.BankActionGroup.com It is a well established rule of Common Law that contractual penalty charges which exceed the actual losses suffered, in this case, by…
Idea for an account..
I'm not sure if this is a suitable post or not but I would like to know if there are any banks that offer a facility like this. I would like it if my bank texted (SMS Message) my mobile phone to let me know if a direct debit payment was successful or not. I think this is a good idea and I reckon that a lot of people who…
Bank account question
Hi, I am just wondering if anybody who either works or used to work in a bank could clarify something for me please I am currently with Wanadoo broadband and set up a recurring debit card payment for the monthly line rental. This is supposed to come out on the 2nd of each months. All my payments have been coming out…
Help!!! Bank account for discharged bankrupt needed
My OH has been discharged for two months now and we need to get him a bank account of some description. The most pressing need being able to put in some cheques he has received. Can anyone suggest anything? He tried to open a simple Cardcash account today at Barclays and application was declined. The woman advised not to…
7 Days 2 pay £800 with no fund for 2/3 weeks
I have a problem with cash flow right now and i don't know where to go from here. All my DDs come out on the 1st of the month and i am going to have to wait for my wages. Who do i contact first. My wife and i have always been silly with money. We now have 2 children and have had 1 holiday in 4 years, it is our own fault.…

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MSE News

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Lloyds, Halifax and Bank of Scotland to cut overdraft rates for millions but hike them for others – here's what's happening and full help
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Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
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Budgeting & bank accounts

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