thinkbanking

shopaholic2

Hi, Anyone heard of these? I've had an eamil from them offering a bank account with NO CREDIT CHECKS!! NO charges for going overdrawn or bouncing cheques, no hidden fees or charges and it accepts direct debits.
It says guaranteed acceptance.:j

We are currently looking to change our bank account from santander, and this looks ideal, but i've never heard of them, and i do fear they sound too good to be true!!!!;)
Also says they have interent banking and texts to your phone of balance and account activity.
So, if anyones any experience of this bank, let me know!!!!
Ta

peachyprice

It's a managed bank account with a monthy fee, for people who have difficulties budgeting, .

Basically you yet your wages paid in, they keep enough to cover your DD's then move the remainder over to a pre-paid type debit card.

If you've got a bad credit history you're better off getting a basic account from a proper bank.

pmduk

NO charges for going overdrawn or bouncing cheques, no hidden fees or charges

That's because there are no overdrafts or cheques. There are fees, but all upfront and not hidden. Use a basic bank account and a diary to record direct debits and save the monthly fee. At least with most real banks there are branches to visit if you need help.

glider3560

The setup fee is £25 then they charge £12.50 per month.

I think this account really is designed for people who really can't manage to budget (or are too lazy to do so).

benoit

Deals_Expert wrote: »

This is the first time I heard about that and it sounds cool. Thank you for sharing this one

You're welcome. When do we get the Spam?

peachyprice

benoit wrote: »

You're welcome. When do we get the Spam?

:rotfl::rotfl::rotfl: