Nationwide "Upgrade" to Debit card

haddington

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.

karatedragon you posted photos of a natwest mastercard-thought you said you dont have a credit card?

stclair

haddington wrote: »

karatedragon you posted photos of a natwest mastercard-thought you said you dont have a credit card?

That natwest card being referred too has not been available since the early 1990s

ajharris

gilligansyle wrote: »

All the talk of living in the past is getting away from the point. Personally I use cash, as it helps me to budget, I don't take my debit card out with me. The OP has said that they use a credit card and pay off the balance in full (presumably either by DD or by cheque?) so they are not living in the past.

The fact is though that even if you do find a bank with a CGC rather than a debit card, there are very few places now that take cheques, no supermarkets, most shops, so it would only be a short term solution anyway.

I struggle to see how using cash can help anyone to budget. If you use a credit/debit card you can see where every penny has gone by looking at your statement. Unless you have total recall cash is the worst way to budget. Try taking four hundred pounds in cash and then try and remember where every single penny went, very difficult unless you walk around with a cash ledger under your arm and make an entry every time you spend.

ajharris

Moniker wrote: »

We have most of our accounts with the Nationwide, including our current account which has a cheque book and cheque guarrantee facility via a card which also operates as a cash card.

Recently they have written to us to say that they are 'upgrading' us to a debit card from June. We have told them on many occasions in the past that we don't want a debit card, however, it appears that we will no longer have the choice as after June we won't be able to have a cheque book unless we opt for a debit card (though this will not act as a cheque guarantee card so not a lot of point of it really).

Does any one know of an account which will give us a cheque book without requiring us to have a debit card? We know that the cheque guarantee scheme is being scrapped so don't expect to get a cheque guarantee card - we just want a cheque book with an ordinary cash card. Does such a thing exist?

many thanks for your suggestions.

Moniker

There may well be accounts which offer what you are looking for, the problem is that cheques are being phased out so any change of account will just be a temprorary tonic. Welcome to 2010

mattcanary

It can be easier to budget by paying in cash. You work out how much you need for a certain period of time (say a week), and then go the bank, withdrawing that amount of moeny. You then pay in cash.
With a debit card, you can easily go in to a shop and buy on impulse, meaning you are not budgeting effectively.

It could be said that paying by cash means you are budgeting more effectively. You are budgeting before you buy, not after! You can quite easily be fire-fighting, rather than budgeting if you pay by debit-card (if you are not that disciplined)