Which bank for my daughter?

robin_banks

cyclonebri1 wrote: »

However it does sound a little that way. We all want to do the best for our children and sometimes, at a certain age, we have a little more time and inclination to spend on the topic, don't forget the parent probably has twice as much lifetime experience as the later generation. If more parents were so considerate the younger generation would be a whole lot better fixed than they are at present.

We stepped in when our 17 year old was "given" a £2000 overdraft facility:eek: on her bank account, sodding banks, deserve all they have got, minus the bonuses.:eek:

Dont buy any of that tbh, as most banking is done on-line anyone older won't have a clue about such things, my dad for example has never used a cashpoint and still cashes cheques, he just doesn't understand the convenience.

There are many reasons why the younger generation are not better fixed, far too lengthy to go into tbh.

No bank would give a 17 y/old an overdraft, legally he's not ild enough to have credit, so I don't understand.

My advice to the OP is to stop mollycoddling and let your children stand on thier own feet.

chesky369

......as most banking is done on-line anyone older won't have a clue about such things......

I beg your pardon???

Lokolo

chesky369 wrote: »

......as most banking is done on-line anyone older won't have a clue about such things......

I beg your pardon???

Yeh you heard him.... oldy :p:p:p:p

chesky369

Well at least I'm still able to arrange my own bank accounts, unlike some twenty-year olds, apparently.

jennifernil

robin_banks wrote: »

Dont buy any of that tbh, as most banking is done on-line anyone older won't have a clue about such things, my dad for example has never used a cashpoint and still cashes cheques, he just doesn't understand the convenience.

WHAT??!!

Not all of us "oldies" are like your Dad then. I like to think I can keep up with what is going on and MSE is a great source.

DS is 40 and still consults me occasionally. DD is 24 and frequently asks my advice, as do her friends whose parents do not seem to have much of a clue. I am happy to point them in the right direction when I can.

cyclonebri1

robin_banks wrote: »

any of that tbh, as most baDont buy nking is done on-line anyone older won't have a clue about such things, my dad for example has never used a cashpoint and still cashes cheques, he just doesn't understand the convenience.

There are many reasons why the younger generation are not better fixed, far too lengthy to go into tbh.

No bank would give a 17 y/old an overdraft, legally he's not ild enough to have credit, so I don't understand.

My advice to the OP is to stop mollycoddling and let your children stand on thier own feet.

Just what planet are you on, don't judge a whole generation by your own parents inadequacies:mad:

robin_banks

cyclonebri1 wrote: »

Just what planet are you on, don't judge a whole generation by your own parents inadequacies:mad:

I'll thank you not to refer to my parents as inadequate.

That is all.

book12

msgnomey,

Here's a list of basic bank accounts that your daughter could open: http://www.moneymadeclear.fsa.gov.uk/pdfs/bank_accounts.pdf

After using the basic bank account for a while, try opening a student account.

cyclonebri1

robin_banks wrote: »

I'll thank you not to refer to my parents as inadequate.

That is all.

Then don't tar and feather a whole generation as I said, or you will get both barrels

khiller1988

My personal bank account is with HSBC and I have never had any problems, However my other half who has had some financial issue in the past couldn't get one here. He managed to get one with Natwest and they gave him an overdraft so it may be worth trying there. He has trecently moved over to a student account with them as well. In terms of a student aco!!!!, most of them have their own pros and cons and it does depend on whether she is planning on moving away or staying at home while at uni, If shes planning on moving away look for one with a decent overdraft facility!