Budgeting & bank accounts

Archives for December 2018

Set up your own direct debits
Hello all, Many of the rewards for switching bank accounts require you to close an exisitng account which has to include a couple of direct debits. How do you get these direct debits? Are there any accounts which let yout set up recurring payments as DDs rather than standing orders?
RBS & Natwest Branches
Does anyone have a clear answer on the question: “can RBS customers bank at NatWest’s without the need of paying-in-slips, ID etc?” The *Official RBS Line* both in an RBS branch and over the phone to premier banking is that yes, you should be able to pop your RBS card in the reader and Bob’s your uncle, Fanny’s your aunt,…
ACH transfers to personal account within US
I'm a non US citizen and have doubts in using the ACH transfers. In Europe, I can transfer the money to a friend's account easily and for a very small fee, 1-2$ or so. If the transfer is within the same bank it will be free of charge. I lived in the Middle East and it works the same. When I visited US I opened a…
Paid in Euros or dollars
Hi everyone. Hope you all had a good holidays. I have a dilemma. I live in the UK and work for a US company. I am paid in Euros as they have a subsidiary in Germany but seem to be losing out more and more as the currency GBP/EUR fluctuates. Would I be best speaking to my company to change my payment currency to dollars? It…
Nationwide FlexPlus
Hello, I applied for a Nationwide FlexAccount and got accepted, but I am now thinking of upgrading to a FlexPlus since I could use the insurance benefits. My only problem is I have been 18 for only 3 months (but I have a credit card and have paid on-time and in full every month). Does anyone think since I have been…
First Direct - lots of problems today
Had been seeing occasional errors when doing basic tasks such as reviewing previous statements and now my Faster Payment made out of account still has not reached destination more than 2 hours later.
Bank account for poor credit but large deposit?
Hi all I received notification today that I will be recieving a payment for what to me is a life changing amount of money. It will likely come in around the same time as my student loan and wages making the total deposit coming in around 14.5k. I have a Barclays Student Additions Account with 1,000 overdraft. I intend to…
credit Score Issue!
Hi all, I have a very serious problem with my credit score which is affecting me and my credit score agency (Equifax) is not helping me. I have a twin brother with the same BOD, Address and same first name with a different middle name. I can see all his credits and details in my credit score account. I have mentioned this…
First Direct "New Customer"
My son is looking to open an account with 1st direct and switch another account to them. He had an account with them for about 5 months which was closed in December 2014, because there were (non financial )difficulties in getting it set up. I can't find how 1st Direct define a "New Customer" in the T&Cs. Does any one what…
Very poor treatment by Natwest - what to do.
Hi all, I'm looking for advice about what to do regarding my recent interactions with Natwest. I'm sorry it's so long but I'd really appreciate advice about what to do. I recently moved into a new flat and had to pay a rental deposit of just over £4025.33. I was told by the agent if the amount cleared by 5pm I could move…
Likelihood of Santander offering a current account switch incentive?
I’m thinking of opening a Santander 123 Lite account, but am reluctant to in case they decide to do a cash switching offer in the future and I miss out on it. I know they’ve never done this before, but surely with all the competition (and switching incentives that now seem to be the norm) they might be tempted to? Their…
Why bank need a to know where i am
Hello I'm new here so I maybe posting in the wrong section. Sorry for that . I have a question I live in Greece I have lived here for over 20years. I'm a resident also. My question is , I bank with RBS and have done so for over 30years. I recently received a letter to my parents house where all my mail from the UK goes.…
Where to deposit
I need to deposit £100 into my account. (Halifax) The bank is not open on Sundays. Do you know where I could deposit? It's urgent.
Santander 123, switch options?
Good evening all. It seems am currently in the same position as another MSE member, I thought it better to start a new post, as no one in that thread has mentioned the new First Direct 1st account. Basically my Santander 123 account is no longer worth keeping, so I want to switch to another bank! I considered just…
Crypto trading bank account woes
My son enjoys crypto trading, sometimes making around £100 in a day. He is autistic and it’s his only real source of income. However, so far this year he has had one bank account (Monzo) closed permanently with no explanation and another three (Halifax, TSB and Revolut) were frozen then reinstated on condition that he did…
Best bank account for 100k + salary
Hi all I'm moving to the UK from US and am looking to change bank accounts from my basic Nationwide to something that may provide me some value. I know about Barclays Premier, HSBC Premier, RBS/Natwest premier. Does anyone know any smaller, maybe more personal service options? thanks much all
'RBS charged me a foreign purchase fee... even though I paid in pounds' - MSE News
RBS and Natwest customers who use their debit cards on flights and ferries have been warned to watch out for unexpected charges, after a Virgin Atlantic passenger was stunned to find a 'foreign purchase fee' added to transactions made in pounds...Read the full story: ''RBS charged me a foreign purchase fee... even though I…
Current account interest and moving money question
How do I find out when interest is calculated? For example, do I have to have £2.5k in my Nationwide account at all times to get the most interest out of it?
Closing foreign bank account for deceased person
Hi everyone - my apologies if this has already been answered, please direct me to the thread if it has as I couldn't find it. My parents had a bank account each with Santander in Majorca as we used to spend a lot of time there. My mother has passed away, my father is old and has dementia. I have LPA for my father and we…
Old Bank of Scotland account
My church has found it has an old account with BOS with £250 odd pound in it and last used we believe in 2004. Apparently 5 years ago the church tried to withdraw it but the branch said it could only be withdrawn by original signatories. Recently following some enquiries we tracked down who we thought they were. 2 of them…

★ ★ ★ Meet your Ambassadors

MSE News

Think Money app relaunch leaves thousands unable to access their cash – here's what's happening
Around 2,000 Think Money customers have been locked out of their accounts after the current account provider relaunched its app.
TV licence fee to rise by £10.50 a year to £169.50 from April 2024
The annual cost of a standard colour TV licence will rise to £169.50 from 1 April 2024 – an increase of £10.50 on the current price of £159 a year – the Department for Culture, Media and Sport has announced.
MSE Mince Pie Taste Test 2022
With the festive season in full swing, the Deals Team put their heads together to uncover answers to the true questions of Christmas. No, not Why is my turkey always so dry? or Who writes those terrible Christmas cracker jokes? But Who sells the best mince pies? Is it mince 'pie in the sky' to think that a 99p box could be tastier than one retailing at £12.95? Wait and see. Brandy butter and forks at the ready all, as this is: The MSE Mince Pie Taste Test 2022.
Morses Club borrower? It's launched a new redress scheme for mis-sold loans – here's what it means for you
Borrowers with mis-selling claims against Morses Club likely won't now get the full amount they're owed, after the High Court approved a new scheme put forward by the firm to limit payouts and set a time restriction on claims.
More Than to stop selling car insurance policies – here's what it means for your cover
If you're a More Than car insurance customer with auto-renewal turned on, you should look out for a letter explaining that you'll be switched to Swinton Insurance. Meanwhile, if you're not on auto-renewal, you'll need to arrange new cover when your policy ends as More Than has pulled out of the market.
How to bag a cheap, sustainable Christmas jumper... from only £3
Jumpers are for life, not just for Christmas, but most of us only wear our most garish festive get-up for one or two days a year, then feel pressure to buy a new one the following year. That's neither MoneySaving nor good for the planet, so what can we do about it? I have a few ideas...
Martin Lewis: How to earn 8% interest on your savings (and possibly £200 on top, too)
It’s possible to earn 8% interest on your savings – more than four times what many earn – and gain an extra £200 on top. MoneySavingExpert.com founder Martin Lewis explains how.
Expat with Barclays? Here are your options if your account is being closed
Expats who bank with Barclays face having their UK accounts closed following a "strategic review" by the bank, leaving some customers worried about the alternatives available to them. .
Martin Lewis: A trick for Shell Energy (and Octopus) customers to make some money
If you're a Shell Energy customer, you could make £50 with an easy trick shared by MoneySavingExpert.com founder Martin Lewis on the latest episode of ITV's The Martin Lewis Money Show Live.

View All

Budgeting & bank accounts

Discussion List