Budgeting & bank accounts

Archives for June 2019

Sending money overseas
I wish to use funds in my uk savings account to purchase a new car in South Africa, what is the best way ?
M&S bank - applied and nothing since
Applied for M&S bank current account with the intention to then switch a donor. Did the application online over 2 weeks ago, told it was successful and had an email to the same effect. But received absolutely nothing since. Is this a common experience? It is a bit worrying considering a credit check has been done but so…
Questionable Charges on Barclays Debit
Alright everyone, Might be a right silly question, but I've tried to do a bit of investigating and its come to no avail. A friend has a Barclays Debit account, and upon looking at his online banking has noticed a transaction he doesn't recognise. Its stated as snrcardiff, hes been nowhere near Cardiff.. ..I've googled but…
Current Account Switching. Who is responsible for problems?
Hi All, First post here and hopefully somebody can provide some insight. Close to pulling my hair out. Back in Feb I used the switching service to transfer my personal First Direct current account to HSBC Advance account. Transfer appeared to run smoothly except for an issue with a direct debit that has come to light…
Current account switching - source account
Is it possible to use a saving account as the source for a switch? I realise it's not called a current account as in the service name, but in practice would it be treated as one? And is it possible to use the switching service to switch a current account (HSBC) into an already open account (TSB)? I've just tried it and I'm…
First Direct withdrawing 'limited access' online banking
I got an email from those knuckle-draggers at First Direct telling me that from September I won't be able to log on to their online service via the password and memorable data; I will have to use that bloody stupid SecureKey every time, even if I just want to see the balance. They claim this is because of the new…
TSB Classic Plus swtich to Co-Op Everyday Reward, would you?
I've been with TSB Classic Plus for 8 months, and next week the rate falls to 3% on first £1500. That means a monthly average of £3.75 a month (slightly lower for months with less days, slightly more with months with more days). I dipped below £1500 for the first time last week, today is payday, which means I'll probably…
Advantages of Holding a Traditional "Mainstream" Bank Over Mobile Current Account Providers
Other than the fact that mainstream banks can offer loans, mortgages etc. what are the benefits of being with a traditional / mainstream bank like NatWest over being with a mobile-based one like Monzo or Sterling? The mobile ones don't have branches but almost anything you'd need one for is included in their app. They are…
Depositing Large US Cheque
Hi all, This is my first post dictated in a hurry onto my phone in an emergency so please forgive any rules that are not followed. My husband and I have today decided that our marriage is over. We recently sold a property in the USA, half of which basically is my settlement. I am now in possession from my husband of a…
Debit card payments delayed
Last Weds and Thurs i made a few contactless payments to different companies. Couple of shops and a supermarket. All showed as pending. I've made these purchases before to the same shops and the money is taken from my account by Monday morning. However ive noticed all 3 payments are still pending. Seems odd as its nearly a…
Starling Business Account Won't Accept Payments In USD - Help!
Hey guys, so the title says it all really. I went with Starling as they have no banking fees as well as no fees when paying out in a foreign currency (which is something I do regularly). The issue is, I've just found out that they can't accept payments in USD (which is totally bonkers), and some of the companies I get paid…
santander changes
Just received an email from Santander telling me that they are changing their internet banking website and to log on I will need to download their app. Slight problem for those of us who don't have (or want) a smart phone... For those who have used this new method do you have to do everything via their app or is it just…
First Direct incentive payment
hi has anyone yet received their incentive payment for the most recent offer? it states it's due by Fri 5th July so still a bit of time but has anyone had theirs yet? thanks
Lloyd's image cheque clearance
Any one got any personal experience on what time Lloyd's clears the cheque the following day..it's a cheque from hmrc
Lloyds becomes the first bank to sign up to 'Mental Health Accessible' standards - MSE News
Lloyds Bank has become the first major organisation to sign up to the Mental Health Accessible standards, which have been created to make essential services easier to use for millions of people....Read the full story: 'Lloyds becomes the first bank to sign up to 'Mental Health Accessible' standards' Click reply below to…
Starling - Transaction disappeared from timeline
Strange behaviour from Starling account today. Made a contactless payment on Saturday which immediately appeared on the timeline as usual but this morning it disappeared and a new transaction for the same amount appeared with today's date. All evidence of the Saturday transaction was gone. Messaged Starling and they said…
Closing bank accounts - how many is too many?
I have opened about four bank accounts recently, all of which will be used to switch to new accounts that pay the switching bonus. Is the general consensus that it's not wise to switch into these in the space of a month, but gradually over a period of 4-6 months - or even longer? I know my credit rating is very good -…
Using Co-op Bank rewards to get 5% of Amazon vouchers
With the Co-op Bank rewards you get 5p each time you use your debit card, with a maximum of £1.50 per month, so needs to be used 30 times. So I have set up an Amazon gift voucher top up of £1 daily, using my Co-Op debit card which automates the whole thing (except for 5-10p in February) to give me £365 worth of Amazon gift…
HSBC Advance Account
MSE repeatedly flags up the HSBC Advance Account with the £175 switching incentive. OK, that's a nice little earner, but does anybody who hold this account think it has any useful practical benefits above and beyond a current account with other banks ?
How is my main current account decided?
I'm looking to switch my current account to take advantage of the cash. However I'm not sure I understand which is the account I'll be switching from. I have 3 accounts, in order of opening: 1. Barclays Current Account 2. A 2nd Barclays Current Account 3. A Monzo Account I assume the one I need to switch from is 1 as it's…

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If you got a text message or email from the Metropolitan Police between 4pm and 6pm on Wednesday 17 April – or you get a letter in the next few days – don't ignore it.
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Chase customer? Check if you can get its boosted 5.1% easy-access saver
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New online state pension boosting tool promised to Martin Lewis hit by delays – here's what you need to know
The tool was first promised to MoneySavingExpert.com founder Martin Lewis on ITV's The Martin Lewis Money Show Live last summer and was expected to launch before the end of the 2023/24 financial year.
Spotify to hike prices by up to £24 a year – here's what's happening
If you've got a Spotify Individual, Duo or Family account you'll see prices rise by up to £2 a month (equivalent to £24 a year) in a month's time, the music streaming service has announced.
Subway customer? You've got until 14 May to use your loyalty scheme points before shake-up – here's what's happening
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Nearly 850,000 people missed out on cheaper passports last year – here's how to cut costs and beat the upcoming price hikes
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Ted Baker to close 15 stores as it falls into administration – your shopping, refund and gift card rights explained
Fashion retailer Ted Baker will close 15 stores, including 11 by the end of next week, after falling into administration last month. Hundreds of staff are facing redundancy as a result of the administration.

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Budgeting & bank accounts

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