Budgeting & bank accounts

Archives for September 2014

Moving Direct Debits to end of month - which bay is best?
Hi, hoping you good people can help me with something I'm probably over-complicating: With getting paid weekly and having an account which charges for overdraft use by the day it makes sense for me to move my Direct Debits to the end of the month so I spend as little time as possible in my overdraft per month. Is there a…
Can i make payment to none online current account?
From my online current account to a family member current account who does not have or want online banking.
Moving out soon, need a rough idea?
Hi everyone. New to the forum and wanting a bit of advice on moving out. First a bit of background on me: I don't really go out much. Maybe Once a month i'd go out somewhere for dinner but otherwise i'd stay at home and cook or buy a takeaway etc (but this would probably come out of my grocery budget). I'm close to sole…
Halifax new terms and conditions 2014
We are adding condition 6.1 (p) as follows: “If we are advised, for example by another bank, that money has been paid into your account by mistake, we can remove up to the amount of the mistaken payment from your account. We do not have to ask you to agree to this, but will let you know if it happens. If this happens we…
Alternative to PayPal for accepting money
Hi I have a business where I need to take a refundable deposit from clients as insurance for appointments not kept. I hadn't realised PayPal would charge quite so much and obviously as there is a charge, I am paying to take a deposit and refunding more than the client gives me! So is there a way to have people pay money…
Cheque Clearing
Hi all Might be a silly question but I have received a cheque from Halifax for PPI reclaim. Now I want to pay this into my account in branch but I do not currently have a debit card as I am waiting for a replacement due to losing my old one (should arrive within 7 days). My question is can I pay a cheque into my account in…
Saving and Budgeting help
Hi, Me and my wife have decided we would like to save up to buy our own home, we currently rent and have decided before we start trying for a baby we would like to have achieved this first. I have seen from other posts that you need to do an SOA, could someone let me know what this is and how I go about doing this, I will…
Best bank accounts filled. Where to next?
Hi all, I've taken advantage of all the high interest 'best bank accounts' available to me (no joint accounts as I'm single) and now have a Nationwide FlexDirect coming to an end and an ISA which is dropping to a 0.7% rate. I also skim off the monthly interest to a Lloyds 4% monthly saver account, which is also at it's…
club lloyds single and joint
Wanted to open one of these in my name one in my wifes name and one joint. Having done one in my name then added my wife then done one in her name it won't now let me open one in my own name. Am I doing something wrong - could it be because the conversion was only a couple of days ago?
Business accounts for director with poor credit history
Hi I am the director of a LTD company and need a bank account (no O/D or credit card facility - just a basic account) to pay in cheques, BACS and CHAPS payments etc. I have debts with: Natwest, HSBC and have previously been turned away from: Co-op, Lloyds, Santander and have a meeting with Barclays this PM. I am in…
High interest current accounts - ok to withdraw the regular transfers in?
With various current accounts offering high interest rates, I'm wondering whether it is ok to meet their criteria for monthly deposits to get the high rate but to then transfer it straight out again? For example, Nationwide Flex Direct only requires a monthly deposit of £1,000 (doesn't seem to need direct debits set up or…
Co-Op Switch DD/SO's
Does anyone know if you can have 2 SO's set to send money to 2 of your other bank accounts and still get the switch incentive with Co-Op?
First direct switch incentive
Good morning - I switched to First Direct on 1st August using the link posted on here - I've deposited £1000 in August and September - does anyone have any idea when I should expect the incentive? Anyone had any problems getting it? Thanks in advance :)
Current account with income of around £400 a month in... suggestions?
Hi there Can anyone suggest what would be the best current account with a monthly income of around £400? I want to set up a separate account to deal with my rental property finances. Thank you.
Halifax reward 3 DDs?
A friend who has a Halifax reward account didn't get her usual five pounds and went into the local branch to ask why. She was told she needs to pay three DDs from now on. Aside from the question should she have been informed of a change of policy in order to get her reward, rather than just left to wonder why, there's no…
Do you really need a Current Account ?.
This is hypothetical, but I am wondering if in practice this situation would work. Let’s say a person has £20k in savings, Spread around various bank current accounts paying between 3% - 5% such as TSB, Lloyds Club, Bank of Scotland Vantage etc. And let’s say that person also has a Credit Card and a Savings account with a…
Lloyds Overdraft
I probably know the answer to this question but am wondering if there's any leniency on over draft charges. I have two accounts with Lloyds one for my bills and another as my day to day, my bills account has a £50 overdraft which I haven't touched since reducing it from £850 overdrawn a year ago.. Until today. I had £2.53…
Transferring Bank Accounts - Natwest to Halifax
I'm currently with Natwest and have bank account, savings account and credit card with Natwest. I of course have online banking and everything is there on the screen when I log in. I do want to switch to Halifax, but have concerns about the process. Essentially, I don't want to transfer everything at once. I want to do…
Best Interest Rates
I am due to complete on the sale of my property at the end of October and after paying off my mortgage will be left with just over £100k. While looking for my next purchase I will be living with parents. Therefore I could be left with £100k (that will be needed to purchase property number two) sitting in my bank account…
Reclaiming HSBC overdraft charges where savings account has sufficient funds?
Hi all, Quite a lot of the articles and posts I've read regarding reclaiming overdraft charges emphasise how to negotiate with the bank if you're under financial hardship. I am wondering if anybody has had any luck getting a refund of overdraft charges where the overall bank balance was always positive? I'll give a bit…

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more than car insurance swinton
More Than car insurance customers on auto-renewal should look out for a letter explaining they'll be switched to Swinton Insurance, after More Than announced it was pulling out of the market. If you want to opt out of the switch, you'll need to do this before the end of your current policy – or risk having to pay a cancellation fee of up to £50.
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