We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Budgeting & bank accounts

Archives for April 2016

CYBG - youandb.co.uk launches Tuesday 3rd
B launches Tuesday 3rd may - youandb.co.uk Will have access to Yorkshire and Clydesdale branch & phone network. Site has a few demo's of payments, savings pots and tagging. 0.5% interest on balances up to 2k. Free for the first 12 months then £2 per month charge. Planned overdraft £6 per month at 12.5% Unplanned £6 per day…
Nationwide: Change of payment date for Current Account Interest
Just posting this for information as I'm sure that there will be others wondering where their interest is this month (used to be paid in the evening of the last day of the month, regardless of whether or not that was a working day.) I hadn't received mine (FlexDirect) and definitely met the criteria so I checked the FAQ's…
Has M & S Bank ditched its Monthly Saver Gift card bonus?
I switched banks last month to M & S which has gone through. I have got around to opening the Regular Saver yet which promised a £10 gift card monthly bonus if I did this. This now doesn't appear on the M & S site? Has this offer been pulled and if the offer was shown when I opened my account, could I still qualify?…
Investec account opening UK or SA?
Does anyone have any experience opening an account with them despite earning under £75,000 per year as I was hoping to open an account with them for the international benefits but as I don't earn £75,000 per year, I have a feeling I'll be turned down unless I can do something similar to what you can do with other accounts…
123 Account activation
If I apply for a new 123 Current account with Santander online today, how long would it take to activate my account? Would the ''anniversary date'' be today, or the day they activate my account?
Contactless fraud
Got caught with this recently. I bought two drinks (roughly £7) at a golf club bar. I asked to pay by card and so the girl bought out the card machine, keyed in an amount. I handed her the card assuming she would put in the machine and hand it to me to enter my pin, but instead she just did a contactless swipe and handed…
Bank makes me overdrawn?!
Hello. I need some advice please. My bank let a direct debit go through last year,( Nov/Dec),, which made me go into unauthorised overdraft. (£5 a day). Now we've been getting £80+ charges a month because we can't get out of it,and they charge us every month for going over,because of their original charge. They say it's in…
Hong Kong to UK Transfers
Hi Everyone, I recently inherited a property and money in Hong Kong as my father passed away. As I live in the UK, I would like to transfer the money to my UK account. His bank account is with Bank of China - with a HKD account and also a GBP account. I see two options here. Switch his account (if possible) to my name and…
Making payments in another currency (USD $ mainly)
Good evening everybody It has happened in the past that I have to make payments in $USD. In particular I have a small monthly amount for google drive space, where the amount is rather small. of the order of $2 per month. I am having to pay a few other monthly, small charges for other reasons. Right now I am using Halifax…
R85 has ended but what next?
From April 6th 2016 filling in an R85 is a thing of the past (thank goodness!) for non tax payers. My wife and I are non tax payers in our 60`s and I am benefiting from her transferring the marriage allowance to me such that for this tax year 2016-2017 my personal savings allowance is £18100 (11000 + 1100 + 5000 + 1000)…
TSB Classic - Visa Debit
Hi, I recently opened a new current account with TSB. I can't seem to get my debit card to work in TFL machines (I don't mean contactless oyster) I mean to top up my Oyster card. I've used it in numerous other shops both chip and pin and contactless and I have money in the account. It just says I have an error on my card.…
Warning over Natwest message alerts
For a few years now I have been getting a text alert from Natwest during the morning if my bank account goes overdrawn This has allowed me to transfer money into my account so that I do not get any overdraft charges. However I have now had 2 occasions this year when it has let me down. In January, I went overdrawn due to…
Difficulty opening bank acc
Hi all, I have been trying to help my mum open a higher interest current account, as she is about to inherit £40k, and I wanted to help her earn some interest rather than leaving it earning nothing in her metro acc. Have applied for TSB 5% acc and tesco 3%, but both were instant rejections. (No overdraft wanted on either)…
Halifax switch direct debits
Hi I already had an old account with Halifax doing nothing so I have just upgraded it to a Reward Account. To get the £100 switching bonus do I need to transfer any direct debits with the account I intend to switch into it? This account doesn't currently have any DD's set up on it so do I need to set a couple up before…
MSE News: Barclays offers 10,000 PPI customers refunds after statements error
Barclays has offered 10,000 PPI customers the opportunity to cancel their policies and receive refunds...Read the full story: 'Barclays offers 10,000 PPI customers refunds after statements error' 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…
banking rewards from switching. Want to keep my account.
Hi, Not sure how this would work so maybe someone can help. All of the offers you see with banks; "£100 when you switch to us" etc. Well i have a Halifax current account which i am happy with (get my £5 reward every month) and ive had my account with them since i was born. I would like to keep this account. Also have a…
Closing 123 Current account
I have a joint 123 current account with my good lady, which we both stick our pay into... I also have an older 123 current account for myself as an everyday fund for non important stuff. For my own account, the £5 monthly fee is not value anymore really for me, as I typically only ever have about 1k sitting in it. How easy…
Direct debit indemnity?
Had a DD taken early. Email received from company saying I can claim indemnity and have this returned What does this mean please?
spades, hearts and clubs
Yep, these are all still considered acceptable on here.... ;)
Can I switch without closing my old bank account?
Hi All, I currently have a TSB Graduate account with 0% interest on my overdraft. I constantly seem to be in overdraft so I have decided to do everything I can to pay it off in the next 8 months or so. To do this I am thinking to switch to a new account that has no overdraft (say first direct that gives you £125 on…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

Ofgem proposes new 'no standing charge' Price Cap – but Martin Lewis warns vulnerable customers need to be opted in or it won't work
Ofgem has today launched detailed proposals for a major shake up to its Energy Price Cap that dictates the price over 80% of homes in England, Scotland and Wales pay for their energy bills.
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
If you're a Lloyds, Halifax or Bank of Scotland current account holder, the interest rate you're charged for using your overdraft could change soon as part of a fees shake-up. The Lloyds Banking Group, which owns all three brands, says millions of its customers will pay less after the changes – but a "few" will pay more.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more low-income households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Martin Lewis: At last a chance to fix Council Tax flaws impacting millions – debt collection, difficulty challenging your band, discounts and more
Major flaws in the Council Tax system in England could finally be fixed in future, as the Government has launched a wide-ranging consultation to review hideous debt collection practices, the difficulty of challenging your band, the overly complex and horribly-named Severe Mental Impairment discount and more. MoneySavingExpert.com founder Martin Lewis, who has long campaigned on these issues, shares his response and analysis.
Energy complaints to be dealt with more quickly and Energy Ombudsman to get new powers under Government plans
If you have a complaint about your energy firm, it may be resolved more quickly in future, as the Government has announced a raft of proposals to strengthen consumer protections in the energy market. The planned changes include giving the Energy Ombudsman new powers to force firms to comply with its decisions – but it's still very early days. Here's what we know so far.
Warm Home Discount expansion confirmed with millions more eligible for the £150 top-up this winter – here's what we know
Around 2.7 million more households, including 900,000 families with children, will become eligible for the £150 Warm Home Discount this winter, as the Government has confirmed it will remove the existing 'hard to heat' eligibility criteria. The extension has only been confirmed for winter 2025/26, with further changes possible for future years.
Base rate held at 4.25% – here's what it means and when it might be cut next
The Bank of England has held the base rate at 4.25%. Below we explain why, when it might be cut, plus what it means for your mortgage and savings.
Applied for South West Trains 'boundary fares' compensation? Act now to claim it
If you applied for compensation from South West Trains before the deadline in January 2025, you now need to provide your bank details to the claim administrator so it can be paid to you. Here's what you need to know.
Winter Fuel Payments to be reinstated for millions – Martin Lewis explains how it'll work, what it means and if it's an improvement
All State Pensioners in England and Wales will receive a Winter Fuel Payment this winter, though those who earn over £35,000 will see it clawed back through the tax system. It means nine million pensioners will get the £200 or £300 top-up. Here MoneySavingExpert.com founder Martin Lewis shares his instant response and analysis, and we include answers to your key questions.

View All

Budgeting & bank accounts

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free

Budgeting & bank accounts

Discussion List

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free