Budgeting & bank accounts

Archives for August 2015

Hsbc advance £1750 a month
To get the switch bonus you need to pay in 1750 a month. Will they let you open the account if you earn less than this?
Barclays, ID check in branch
I applied for a Barclays account earlier, got to the end and apparently I need to take ID into the branch . Well because Barclays have closed all their little branches , the nearest one is a 60 mile round trip. Fully understand why these little local branches are no longer viable as people like me do it all online these…
Current account interest
Thinking about moving £2000 from my ISA and opening a TSB Classic Plus account. I understand I will have to pay tax on the interest I earn, how do I go about paying the tax. Is it done automatically or do I have to fill in a Self Assessment tax form?
Transferring Euro to buy a motorhome
I am looking to buy a motorhome from Holland. My husband will be going out to pick i up, but I'm trying to work out the best way to get money there. It will be approx €10k. I was considering a bacs, but really I'd need it to transfer very quickly such that I only sent it after my husband had seen the vehicle and it arrived…
Need help re switching to Nationwide please
I've been with the RBS since I was 17 which is a looong time ago. I think things are going to change there and was looking at the Nationwide, under this 7-day switching thing. Bear with me please because I'm a pensioner and have never done this before :D I'm just wondering how you get your cash in the gap between switching…
Daily/Weekly Spend Budget Template?
Just did budget brain and found it very useful. I am now looking for a template, excel, or app where I can log all of our family spending each day and week/month and track against what we should be spending? I could try and create one, but I'm not great at Excel... are there any others you can recommend please? Many thanks
Metro Bank security flaw
I went into Metro Bank yesterday to pay in a cheque and while I was there I asked for a replacement card. Waited about 10 minutes and got my new card and set up a PIN. Went to their cash point to make sure my card works which it did. My question is, what's to stop someone from finding a metro debit card left on the ground…
New Business Bank Account Problem
Hi, I am wondering if anyone can help me out here. I have recently set up a new company where I am the only Director / Shareholder & I applied to open a new business account at HSBC, since that is where I bank personally. The application was denied, seemingly due to my poor credit record (I have 2 aged credit card…
NatWest charged me CHAPS for £99 Int transfer
Hi, Every month I send £99 from my Foreign bank account to my NatWest UK current account. Every month the fee from NatWest is exactly £1. Exert from NatWest website: Payments up to £100 or currency equivalent are charged at £1. Payments for over £100 or currency equivalent are charged at £7 each. These charges do not apply…
Switching service question
I have 2 coop cashminder accounts, the first was opened nearly 7 years ago and is in my name, the other less than 3 years ago and is joint with my partner. I would like to switch to Halifax and get the £100 for switching. Ideally I would like to close the joint account as it is the newer of the 2 but want to open an…
Direct Debit Mandate Question
Does anybody know if a company can resubmit a direct debit mandate form to the bank even if I cancelled it with m bank (online)? ( didn't cancel the arrangement with the company in question. This has happened to me this month - three months after the original arrangement was cancelled. Can anybody shed some light on this.…
Need to switch account to a bank with no association with tsb
Hi I need to switch my mothers current account from tsb to another bank with no ties to the TSB. My father has just passed away and discovered that they have a loan in both their names and she has no way to repay as only has her state pension, so I understood that they can freeze her account and take her pension to repay…
Halifax Reward, Switching Question.
Hi, I am switching to Halifax Reward, to bag the £100 plus £5 per month. To qualify for the £5, I need 2 direct debits and need to pay in £750 per month. Does it matter how the £750 is paid in? does it have to be a wage or can I just transfer in once a month from another account and transfer back out what I have left after…
Switching question
With one of the banks I am with I have two current accounts. One is used for bills and the other is the main account into which my pay comes. I use that account to fund the bills account and for general spending. I use the piggy banking technique to manage my money as I get paid weekly and most bills are monthly. If I were…
Trouble with a chargeback
I bought a Moncler coat in June of this year from an online retailer for £1,200. When the coat arrived I noticed a number of spelling mistakes on the wash label and after further investigation I was convinced the coat was a counterfeit. I have many similar coats and comparing the weight and material to the one I bought you…
bank transfers on bank holidays?
hello, i was wondering if anyone knows if coventry building society process bank transfers such as wages over a bank holiday weekend? i have noticed that if i want to make a payment the next available date to leave my account is tuesday? would this mean payments made into my account also work this way? simba-ali
Tesco Internet Saver
Hi I recently opened a Tesco Internet Saver to make use of their DD facility. However I haven't been able to transfer out money from the Tesco Internet Saver Account. It says 'We've been unable to complete your transaction. Please try again' whenever i try to transfer out money back to my current account. Has anyone…
Barclays or Halifax?
In general, which bank is it best to go with for a current account, in very loose general terms? What would you money savers go with if it was between Halifax and Barclays?
Old Bank Accounts
My father gave me a couple of old pass books one RBS and the other Halifax. I sent off to mylostaccount and got the reply that they couldn't find the accounts. Both branches have now closed. Is there any way of being able to reclaim the money? Many thanks
Halifax intimidate deposit machine
Simple but stupid question, I've just recently seen a 'cash and cheque' deposit machine in my local Halifax branch which wasn't there before. I've never used one and i was wondering how it works exactly? I was in a rush so I couldn't ask today, do you need your card? If so do you need to enter your PIN? Also how long does…

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Have yourself a MoneySaving Christmas… starting with the best way to bag a cheap, sustainable Christmas jumper from only £3
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More Than to stop selling car insurance policies – here's what it means for your cover
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.
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.
New scam ad protection measures to be introduced by Facebook, Google and more – changes Martin Lewis has long called for
New scam ad protection measures, such as two-click reporting and verification for advertisers, are to be introduced by major tech firms, including Amazon, Facebook and more.
Bank of Scotland, Halifax and Lloyds to close 276 branches in 2023/24 – here's the full list, plus alternatives
Bank of Scotland, Halifax and Lloyds, which are all part of the Lloyds Banking Group, will shut at least 276 of their bank branches in 2023 and 2024 after Lloyds announced a further 45 closures today (Wednesday 29 November).
'Unpredictable' broadband and mobile price hikes should be banned, say Which? and Citizens Advice
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Martin Lewis: Do you have a Power of Attorney? It’s crucial protection – not just for the elderly – and more important than a will
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Second cost of living payment paid to millions – here's who qualifies and what to do if you haven't got yours
More than eight million households on certain benefits and Tax Credits have now received the second third of their £900 cost of living payment.

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