Nationwide "Upgrade" to Debit card

glider3560

Surely you have the same risk with a cash card as you would a debit card? The money leaves your account instantly, so I don't quite grasp your logic?

karatedragon

To answer you question Moniker I know of one account that offers a cheque book and £250 guarantee card only. It is called The Albion Cheque account operated by The Leed Building Society:

http://www.leedsbuildingsociety.co.uk/savings/albioncheque.html

noh

karatedragon wrote: »

To answer you question Moniker I know of one account that offers a cheque book and £250 guarantee card only. It is called The Albion Cheque account operated by The Leed Building Society:

http://www.leedsbuildingsociety.co.uk/savings/albioncheque.html

Need to keep a minimum balance of £2500 in that account.

karatedragon

No you don't actually. You just don't get any interest if the balance falls below £2,500. At least you can't go overdrawn on it though!

glider3560

karatedragon wrote: »

No you don't actually. You just don't get any interest if the balance falls below £2,500.

Leeds_BS wrote:

The Albion Cheque Account is as easy to open as it is to operate. You can open the account with a deposit of £2,500 (which is the minimum opening and operating balance for the account) or more, either by post or at your local Leeds Building Society branch. Cash transactions can’t be accepted on this account (one of the reasons we can offer higher interest).

See the bit in bold.

karatedragon

Well if the OP can maintain £2500 minimum then it could be an option for them.

Makes a nice change for a current account to not focus on the overdraft but instead requiring miniumum balance funding. More of these responsible banking tactics wouldn't go amiss from other providers.

I bet their customer service is good too and not farmed off to another planet.

JA1000

Living in the past - why not deal in gold coins, or try bartering as a form of exchange.

Moniker

glider3560 wrote: »

Surely you have the same risk with a cash card as you would a debit card? The money leaves your account instantly, so I don't quite grasp your logic?

Well the cash card can only be used to get money out of a cash machine whereas a debit card can be used almost anywhere to pay for goods and get cash back - so more opportunity for misuse if it falls into the wrong hands IYSWIM.

Moniker

karatedragon

JA1000 wrote: »

Living in the past - why not deal in gold coins, or try bartering as a form of exchange.

Moniker isnt the only one "living in the past". I don't have a Credit Card and deal mainly in cash. I pay my bills at PayPoint.

JA1000

karatedragon wrote: »

Moniker isnt the only one "living in the past". I don't have a Credit Card and deal mainly in cash. I pay my bills at PayPoint.

Too much time on your hands, do you start your car with a handle at the front?

Actually I didn't know you could access this web site with a typewriter!