Cheque guarantee to end in 2011

jambosans

never-in-doubt wrote: »

Yes mate most the banks are doing it now, HSBC, Lloyds, Barclays, Co-Op, RBS etc etc - basically when CGC goes in 2011 it'll be fun!

So do you know why they are ditching Electron and replacing it with a full authorisation Visa Debit? My guess (as you probably read in my reply to simax on the other thread) is perhaps it's something to do with the wider acceptance of Visa Debit cards. Although I thought the only issue with Electrons was they required an online terminal, so if an online Visa Debit acts the same, surely it will face the same problems (like your example of Pay@Pump)?

never-in-doubt

plumber2009 wrote: »

I think its about time that the CG facility is scrapped. I for one would never accept a cheque from anyone, with or without a CG card.

I have a HSBC Plus account with no CGC as HSBC no longer issue them.

They do if you ask mate - and if you had one before the replacement card

never-in-doubt

jambosans wrote: »

So do you know why they are ditching Electron and replacing it with a full authorisation Visa Debit? My guess (as you probably read in my reply to simax on the other thread) is perhaps it's something to do with the wider acceptance of Visa Debit cards. Although I thought the only issue with Electrons was they required an online terminal, so if an online Visa Debit acts the same, surely it will face the same problems (like your example of Pay@Pump)?

Sure I know mate, its because Visa Debit is recognised worldwide and offers greater flexibility when requiring access to funds. Basically, its easier to streamline and a lot of lenders that had Electron still do (HBOS/Abbey) - its mainly those switching from Solo/Maestro that are giving full auth cards.

Regards to pay at pumps, the normal bank card (like maestro) would not be authorised as you can go overdrawn on a full bank account, you cannot on a basic account thus a basic account would issue a full auth card.

Similarly, if you had a full bank account with overdraft but did not qualify for a bank card then you'd get a full auth card (i.e. electron./solo equivalent)....

You following me yet matey lol :beer:

Think like this, electron couldn't be used in an old manual swipe machine - an embossed connect card, could.

Look at this thread: http://forums.moneysavingexpert.com/showthread.html?t=1919403

plumber2009

never-in-doubt wrote: »

They do if you ask mate - and if you had one before the replacement card

I didn't know that.:eek:

When i got my card through the post, the panthlet stated that they were phasing out all HSBC CG cards. So i assumed you could not have CGC anymore.

never-in-doubt

plumber2009 wrote: »

I didn't know that.:eek:

When i got my card through the post, the panthlet stated that they were phasing out all HSBC CG cards. So i assumed you could not have CGC anymore.

If you had one on your Maestro then yes, you get it on the new Visa one (they sent my visa plus without it and I rung and got a new one with it sent out).....

Just ring and say, you want the CGC element as you still use it in certain shops, I used to have it on my maestro and now I cannot pay when I dont have cash so please reissue and they will. :beer:

plumber2009

never-in-doubt wrote: »

If you had one on your Maestro then yes, you get it on the new Visa one (they sent my visa plus without it and I rung and got a new one with it sent out).....

Just ring and say, you want the CGC element as you still use it in certain shops, I used to have it on my maestro and now I cannot pay when I dont have cash so please reissue and they will. :beer:

Cool, I will give them a ring in the morning before i fly out to spain. handy to have CGC just incase.:D

The plus account has saved me a fortune when using in spain. Hurahhh to HSBC.:T

never-in-doubt

plumber2009 wrote: »

Cool, I will give them a ring in the morning before i fly out to spain. handy to have CGC just incase.:D

The plus account has saved me a fortune when using in spain. Hurahhh to HSBC.:T

Lol, yea I like HSBC in general, so have the plus and a [STRIKE]advance[/STRIKE] bank account..... both CGC's

jambosans

never-in-doubt wrote: »

Sure I know mate, its because Visa Debit is recognised worldwide and offers greater flexibility when requiring access to funds. Basically, its easier to streamline and a lot of lenders that had Electron still do (HBOS/Abbey) - its mainly those switching from Solo/Maestro that are giving full auth cards.

Thought as much. Thanks.

never-in-doubt wrote: »

You following me yet matey lol :beer:

Think like this, electron couldn't be used in an old manual swipe machine - an embossed connect card, could.

Look at this thread: http://forums.moneysavingexpert.com/showthread.html?t=1919403

Yeah I understand how they work, I was the last one to reply on the thread you've just linked me to.

Cheers :beer:

plumber2009

im signing off for the night, Early flight in the morning

This is a little of topic but i read in the capital one T&C that they will be accepting credit limit increse requests from november the 1st

never-in-doubt

plumber2009 wrote: »

im signing off for the night, Early flight in the morning

This is a little of topic but i read in the capital one T&C that they will be accepting credit limit increse requests from november the 1st

Have a safe trip and nice time away matey :beer:

Yea, thats true you can soon apply to increase the limit, like with other cards!

But not that you'd want to - the APR is still :eek: :eek: :eek: