Co-op Cashminder account

sogs

Just opened a cashminder account with the co-op and I want to pay some money into it the nearest branch is in glasgow 90 miles away, it says in the pay in book I can go to the post office but they have told me I can only deposit cheques in the envelopes? any ideas

thanks

davetheman

I pay cash in at the post office just put your card in the machine, money is in account almost immediately.

dvs

In the Post Office you're meant to have a paying in slip and an envelope. I was only sent envelopes when I opened the account so I just put the cheque in the envelope and took it to the Post Office. Give the Co-op a call and they'll send whatever is required.

antarctica

The envelopes are for cheques, you need your account card to pay in cash

Gaz1971

As has been said, you give the PO cashier your card plus the cash and they swipe the card and add the money, it shows in your account straight away. You only send cheques in the envelopes.

antarctica

koasdj wrote: »

I can't speak from experience but as I understand it, the cashminder account is a basic bank account where you won't get a cheque book, an overdraft facility or a debit card so basically the potential of you getting overdrawn or any other kind of credit is theoretically nil. I think they would probably still do a credit search however to make sure there was no CIFAS entries or that you aren't bankrupt.

You do get a debit card. These accounts are available to bankrupts.

philnicandamy

antarctica wrote: »

You do get a debit card (badged as a "visa debit" although still behaving as an electron card). These accounts are available to bankrupts.

NOT credit searched either....just an ID check

antarctica

It is badged as a visa debit. But it still "debits" from your account

philnicandamy

BUT still not accepted in a large number of places while it's still on the systems as an "electron" card....sure it will still debit but places who refused to take elecrtron will still refuse this new card

antarctica

philnicandamy wrote: »

BUT still not accepted in a large number of places while it's still on the systems as an "electron" card....sure it will still debit but places who refused to take elecrtron will still refuse this new card

I know, I was just being pedantic and contrary

philnicandamy

so was I....:p;):D