Joint account - online banking

456789

billbennett wrote: »

For Lloyds at least, multiple users can access one account, multiple accounts can be accessed by one user.

For example, I login and get:

My current
My savings
Joint current
Joint savings
My credit card

OH gets:
Her current
Her savings
Joint Current
Joint Savings

You get the idea...

Same with Halifax - also if one of you is the additional cardholder on a Credit Card you can't see it only the main cardholder can

Mikeyorks

billbennett wrote: »

You get the idea...

Yes but that different picture can only be created by seperate Login data (as previous post ... re Halifax). The Login data identifies the data you are permitted to see.

Mikeyorks

withnell wrote: »

If it's a one-to-sign account (which it will have to be to be able to be accessed online) it doesn't matter to the bank who makes the transaction, because both have equal authority

Halifax can't be unique in stating :-

Joint account customers can not use the same login and password and must enrol separately.

Extant

It's a liability issue, like using your PIN. If fraud occurs on a log-in that turns out to have been shared, there is no reason for the bank to think those details might not have been breached any further - and the bank ceases to be liable for any loss as the customer hasn't correctly used the security provided, and broken the relevant T&Cs.

book12

Ok, I will ask the person who is on my join account (secondary holder) to sign up for a seperate online banking account. We only have one account with the provider anyway.

Could I assume that we will have two seperate bank statements, one in my name, and one in her name? Or is it one bank statement with two of our names?

Kavanne

book12 wrote: »

Ok, I will ask the person who is on my join account (secondary holder) to sign up for a seperate online banking account. We only have one account with the provider anyway.

Could I assume that we will have two seperate bank statements, one in my name, and one in her name? Or is it one bank statement with two of our names?

I have a joint account with halifax and they print both our names on the statements. Signed up for paperless so no post. But I imagine they would only send one copy for us to share.

456789

Kavanne wrote: »

But I imagine they would only send one copy for us to share.

That is correct

Quiet_Life

Just curious, Why have a joint account? Am married 30 + years and have had solo account for 30 years.

Kavanne

Quiet_Life wrote: »

Just curious, Why have a joint account? Am married 30 + years and have had solo account for 30 years.

Because we jointly pay the bills and we both have decent credit, so aren't affecting each other negatively. Plus OH is crap with money and can never be bothered to do anything so it helps I can just pop onto online banking and make sure his credit card gets paid, etc

It's not right for everyone and I do also have a sole account for my spending money but it helps me keep on top of my budget. We each pay our share of the bills/mortgage into the joint account each month. I can see why you wouldn't need a joint account if one party was the main breadwinner perhaps or the other party had really bad credit

Is that why you don't have a joint account? of course it's by no means expected or compulsory. Just don't see why it matters whether you do have one or not, tbh.