-
HSBC Global Money Bonus
Hi all, I have recently gone through the switching / account opening process to get the £125 current account and hopefully the £80 global money account bonuses. I am wanting to use the current account to switch over to Natwest for their switch bonus, does anyone know if the current account needs to remain open for the…
-
Power of Attorney
My sister and I have power of attorney for our adopted gran who lives in Preston (we live in London). She has given us her bank and card details so that we can do her shopping as and when she needs groceries. As with all banks now, when I go to check out, it asks for verification (via text message / the app) but she…
-
Nationwide Fairer Payment Scheme - Interest
I qualified for this payment recently. My Statement of Fees from Nationwide stated Total Interest Earned £100.00 . The Nationwide reported this figure to HMRC, my question is : Should this be declared as Interest as it wasn't earned on any 'Investment account as such ?
-
Executors Accounts
Hi all, My mum passed away late last year, and we are getting to the point where we will be ready to put her house on the market. I am the executor of the will and will be dealing with the sale of the house. I have been advised that I would more than likely need an executors account for the house funds once the sale is…
-
HMRC ON BANK ACCOUNTS.
My bank has added a new person to pay account. . Clicking on it gives me the sort codes for different departments of HMRC to pay money to. Has any one found this on their bank accounts. I think it may be something to do with DWP who might be looking at bank accounts. I don't claim any means tested benefits, so it is a…
-
Nationwide Flex Saver Interest Decrease
The 8% savings account (£200 max pay in per month), is now only 6.50% for new customers. Has any existing customer had notification of a rate decrease? Hope not!
-
Unblock/reset pin code in banking app
Hi Are there any banks that let you unblock or change your debit card pin using their banking app rather than physically going to an ATM? I lived in France for a while and a lot of their bank's apps facilitated it (probably because of the lack of ATM's in rural France) but I'm struggling to find a UK bank that does the…
-
Account switching cash offers
Hi there, I would like to switch accounts to take advantage of one of these bank cash offers (any money from anywhere welcome in current times!) and I have been following this off and on for a few months, so just generally wondering about best course of action.I missed out on the HSBC £200 offer last November and am I…
-
Barclays closing, need a new local Clearing Bank more orientated to charities and societies...
Remarkably Barclays Bank are closing their Lancaster branch very soon and the nearest offices will be in Preston, 25 miles to the South or Kendal 25 miles to the North. The branch serves a population of some 180,000. They have become more and more awkward to deal with over the last 5 years, becoming very obstructive. My…
-
Joint account with family
If I open joint savings accounts with my grown up children (all over 18) and deposit say £25000 in each one what are the tax implications when they withdraw money from the account. I'm trying to give them access to our money without worrying about IHT in case we don't survive 7 years.
-
Monzo App - Auto Logging out?
I've got the Monzo banking app installed on my phone as well as the Lloyds app. The Lloyds app will automatically log me out after a few minutes of inactivity, yet the Monzo app doesn't and I can't see anyway of doing so. It's been days now, and if someone accessed my phone, the app is constantly open with no passwords,…
-
RBS and NatWest issuing Visa Debit cards once again
It seems as though NatWest and RBS are issuing Visa Debit cards once again, possibly alongside MasterCard debit cards….
-
need to put a block on going overdrawn
hi i look after the finances for my brother, who is very bad with money, and basically when he gets paid he gives me his money, i pay all his bills, and give him whats left, in cash, but once a week (so split it into 4), so its easier for him to manage. the last time he has his bank card he ran up a £200 overdraft, and he…
-
Linking Paypal accounts for direct debit - does this work?
Hi, would like advice/confirmation from anyone who may have done this and whether it works.- I have 2 bank accounts that require me to have 2 direct debits for switching/bonus etc- I have a Paypal account set up with 1 monthly bill to be paid- I have linked this Paypal account/bill to Bank Account A alreadyQ1: Would it…
-
Accessing historic statements from Egg
I would like to access statements from my online egg online account for 2012-2014. I no longer have the account. Egg got wound into YBS. When I spoke to them in person, they said they did not hold any account data for now closed egg accounts. The information will be held somewhere and I would be grateful for any pointers…
-
RBS bank joint account name not recognised online
Just opened a new RBS account in joint names of wife and myself. The only way this can be done with RBS is to open account in my name (Smith C - fictional for this thread) and then add wife (Brown - using her own surname, not married name). Account is opened with name Smith C. We add wife and eventually RBS confirms change…
-
Whatever Happened To Offset Accounts?
I was reminded of these accounts today, where your mortgage was essentially a giant overdraft on your current account. I think Virgin was a big proponent of them early in 2000s. The idea was that you would pay less interest on your mortgage because you had all of your current account money bringing the overall total down.…
-
Third party mandate with bank
I just wondered if you had a view on this issue? I am 64, in good health and have Lasting Power of Attornies in place for health and finance. I have recently heard about Third party mandates which you can set up with banks and wonder whether its a sensible idea to have one in place so my daughter could always have…
-
Danske bank notes
Will post offices and/ or banks in England accept these ?
-
Bank problem maybe
I have an account with Barclays for over 30 years . In 2019 I sold my house, unfortunately the next property fell through and I became of no fixed abode. I lost my debit card in the meantime and needed a new one sent out. I told Barclays I was in between addresses and they told me they could send it to a care of C/O…
