My HSBC Plus Account Visa Debit Card has arrived...

never-in-doubt

Inactive wrote: »

News to me, never seen a MasterCard Debit Card, thanks for that..

Maestro is using the old switch system which technically, doesn't offer the same security as Visa as the old 'switch' service - which for interest was run by the Joint Credit Card Company, based in Southend. The JCCC was set up to provide the Access Card to compete against Barclaycard (BM will prob know more about this subject tbh).

Anyway, as a result of Maestro using the old Switch systems Maestro is not as secure, chip & pin is not properly set-up so some things still refer to floor limits and most importantly Maestro is not as widely accepted.

That said, I am a Maestro man myself and as such will also change banks when Maestro leaves my HSBC card. I have a Visa Debit and want to keep my Maestro. RBS are changing to Visa debit but latest news shows Natwest are not following suit just yet. Who knows what will happen in the next year or two....

Maestro is owned by Mastercard - http://en.wikipedia.org/wiki/Maestro_(debit_card)

A Mastercard debit card is here:



Note above the mastercard logo, in the hologram it says "Debit".... same as below example with the addition of the words Debit Mastercard:



N-i-D

Inactive

Thanks for that N.I.D, I have had my HSBC Maestro card for years now, it has always been accepted everywhere that I have been, mainly Europe and America, I have never had any security issues with it fortunately.

I too will be looking at NatWest when it expires/gets replaced with Visa.

never-in-doubt

Inactive wrote: »

Thanks for that N.I.D, I have had my HSBC Maestro card for years now, it has always been accepted everywhere that I have been, mainly Europe and America, I have never had any security issues with it fortunately.

I too will be looking at NatWest when it expires/gets replaced with Visa.

I know, its a right pain that HSBC have done this to "quote - suit the majority of our customers unquote" and I asked the question, OH - please tell me then, where was my proxy form to vote on my opinion?

Apparently they never asked us - they used statistical data by spending patterns/trends which makes it even worse!

In the old, at least with a Maestro you knew what to expect, cheap and no frills. Visa complicate things and I can't wait to see whether rumours that Natwest refuse to ditch their baby (they were the founder member of JCCC remember) until they see if HSBC succeed or fail, are true or not. I think they will get an influx of applications over the next year and may do what Citi done and relax lending criteria to get a few million customers in one swift move. I'd imagine a good few % of HSBC custom will follow [STRIKE]Switch[/STRIKE] sorry, Maestro out the door..... :beer:

savagej

I think people may jump ship to Clydesdale/Yorkshire if they wish to stay with a Mastercard product as a debit card as I beleive they are moving over to Mastercard Debit for all their customers this year. Not sure if any other UK banks have plans to follow on, it would be rather expensive switching to Visa only to go back to Mastercard.

never-in-doubt

savagej wrote: »

I think people may jump ship to Clydesdale/Yorkshire if they wish to stay with a Mastercard product as a debit card as I beleive they are moving over to Mastercard Debit for all their customers this year. Not sure if any other UK banks have plans to follow on, it would be rather expensive switching to Visa only to go back to Mastercard.

Yes forgot about YB they are also Maestro and Mastercard. YB don't have visa, in anything. They use Solo / Maestro / Mastercard. Similarly, they only have a gold mastercard - there is no basic version.

Extant

never-in-doubt wrote: »

OH - please tell me then, where was my proxy form to vote on my opinion?

Since when was HSBC a democratic institution...?

Visa complicate things

Like how? What complications do they pose to you, as an end consumer?

never-in-doubt

BarclaysManager wrote: »

Since when was HSBC a democratic institution...?



Like how? What complications do they pose to you, as an end consumer?

LOL, when was any bank a democratic?

Visa pose numerous complications; for instance their decline rate is double that of mastercard, some travel agents still class it as a credit card and impose a % fee (trust me they do cos they done it with my old halifax debit card - the one that has debit card in huge writing in the corner!); they are not accepted in cuba where I go all the time, they are in essence a huge part of barclays who I cannot stomach - no offense to you but the bank you work for stinks.

Other than that I can't be bothered to carry on listing the con's with Visa.

Extant

never-in-doubt wrote: »

LOL, when was any bank a democratic?

Never, I'm just bemused as to why you think you should have been given a choice in the first place.

Visa pose numerous complications; for instance their decline rate is double that of mastercard

Where on Earth did you get that from? Something other than anecdotal evidence, please.

some travel agents still class it as a credit card and impose a % fee

How is that a Visa complication? That's the travel agent, and it's not all of them, either.

they are not accepted in cuba where I go all the time

They are accepted in Cuba. Visa is accepted in Cuba provided it's not drawn on a US bank.

they are in essence a huge part of barclays who I cannot stomach - no offense to you but the bank you work for stinks.

Why would your opinion offend me? It's not the prevailing opinion, obviously - we have customers. We live in a free market and you're a consumer: do business with who you please. Barclays succeeds on its own merits; it means nothing to me if you like it or not.

Inactive

never-in-doubt wrote: »

, they are in essence a huge part of barclays who I cannot stomach - no offense to you but the bank you work for stinks.

No argument with that... :T:rotfl:

never-in-doubt

My new Plus Visa came today - its actually not that bad but I do prefer my Maestro. It says I have to activate in 30 days (grrr)

Oh well, bye bye maestro....... Helloooooooooo Visa! I'll give it a bash and see what happens, just hope my mortgage don't classify it as a credit card like they did with my last visa debit card with Halifax or i'll be soooo annoyed!

It does still have the C/G facility as well - still at £100 as well. Daily withdrawel has dropped to £300 though. No issue number either.