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.

📨 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

Discuss bank accounts, banking apps, budgeting hacks and how to organise your money.

Tide Bank - Unable to Withdraw Funds!!!
Hi all, in a panic as I’ve been unable to withdraw funds from my Tide account for over a week. Reading reviews on trust pilot I hear it is a recurrent theme and that Tide Bank is going under???. I have been in touch with the FOS but they have said there is nothing they can do for 8 weeks, I am worried that in 8 weeks…
Why can't DDs be processed on a weekend?
Does anyone know? Unusually, I can't find anything on the internet about it. Just seems weird that, as they are entirely automatic, they can only be processed on a weekday.
HSBC closed current account and savings
HSBC have closed my savings and current account with no communications and can give me no reason why, has this happened to other people recently? Thanks in advance for any suggestions as currently have no access to any of my money they hold.
New Natwest / RBS / Ulster Bank £200 Switch Incentive
Natwest, RBS and Ulster Bank have launched a new bank switch offer today! Here's what they say: Apply online or via our mobile app to switch a current account held elsewhere into a NatWest account from 14th February 2023 to receive our offer of £200 Deposit £1,250 into your account and log into our mobile banking app…
Proceeds of house sale question.
Just hoping I could pick the collective minds. I will be selling my house soon and just want to place the proceeds of the sale in a safe place for a number of months whilst hunting for a new house possibly abroad. I am aware that UK banks have an £85k protection for individual accounts and £170k for joint accounts but the…
Closing a lapsed account with Starling - cannot pass security Qs
Many years ago (5+ maybe more?) I tried to open an account with Starling Bank. I got as far as confirming my ID with a video on the app, but never received any confirmation after that point and got frustrated with them so didn't follow it up, and assumed it had failed to be processed somewhere along the line. I've just…
Best joint account for bills
Hope I've got this in the right place, appreciate it's a very general question and no doubt asked dozens of times but searching the forum I could only find really old threads. Just looking for a new joint account for my wife and I to use for all of our monthly bills. We currently use the Santander 123 account which we set…
Two accounts with Chase
I have two accounts with Chase and am thinking of using one for a switch to TSB. Will this work or will it somehow shut down both my Chase accounts?
Barclays - replacing debit card text?
A relative of mine has recently received a text stating to the effect: We've found an issue with your debit card. Sent out new card but can continue to use existing card for 28 days ... Not sure what's triggered this, but surely if they think the card's been compromised, they'll have: 1. Been in touch regarding suspect…
British expat living in Chile needs UK current account to transfer my Child Trust Fund
As stated in the discussion title I need a UK current account. If I transfer my CTF to a Chilean bank account I will lose about 60% of it due to commission and bank charges. Does anyone know if there are any UK banks that would allow me to open one there. HSBC who hold my CTF do not allow people due to cross border…
Halifax Rewards Tax
Hi, I get £5 per month for the £500 spend on this account. I think I read previously that tax was already deducted from this? If so, as someone who doesn't need to currently pay tax is it easy to reclaim and how please? Thank you
New Company
Hi, just setting up a CIC (Community Interest Company) and need to know which is the best Bank to open a Trustees account. We will need to deposit cash, set up Direct Debits, do money transfers etc
Co op blocked payment
OH got an email and text about a blocked payment made Sunday evening. Mentions a limited window to phone them but she is out of the country until Friday. I guess she could phone from overseas but would rather not. Anyone know how long they give you to validate it before they cancel it? Thanks.
Switching account multiple times in a row
As the title says I’m looking at both the current Lloyds switch and NatWest/RBS accounts, I’ve looked through T&Cs and can’t see anything about a minimum stay period would this mean once I’ve met the conditions to receive the money and have received the money I’d be able to switch again almost immediately?
Avoiding current account minimum pay-in
Say a current account has a £5 fee per month unless at least £2500 is paid in per month. Can you avoid this fee if your salary is under £2500 per month by just temporarily transferring into another account then moving it back by BACS thereby technically making the total paid in over £2500? Thanks :)
Bank Fraud
Has anyone heard of this happening? On Monday, my wife noticed large payments going through our joint account. She immediately called the bank fraud line and was told that they had already called to check he amounts but that she had told them it was ok. Apparently, the fraudsters had replaced her voice message password…
Cash switch bonus
I wanted to switch to Natwest and get the £200 switch bonus but it says you can't have had the switch bonus from them since January 2020. My previous account was with Natwest and i believe I did get the switch bonus, however I don't know if this was before or after Jan 2020. How would you check this?
Virgin M Plus Current account can not be upgraded?
Just been advised by Virgin's customer service on their online chat that in order for me to have their Club M account I need to open an additional account on top of one I already have and there i no option to upgrate. Is that true?
Best Bank Account to switch to with a top Budgeting tool/tool app included
I am currently with Think money and have been for 15 years and have nothing against, them they budget all my money for me so I have a virtual bills account that I cannot access which takes into account all of my direct debits and standing orders each month and then what is left transfers over to my card for me to do what I…
First time switcher
I have just received £175 for switching! I wanted to keep my main joint account so just opened an account with chase...so easy. Opened a second account and put a couple DD in. Lloyds switch came up applied and within 6 days money in and the chase account still has a day to move across. I am now in process of doing same…

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

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.
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 Payments 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

Categories

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

Categories

Is this how you want to be seen?

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