We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Natwest Accounts
honeybun16
Posts: 139 Forumite
Guys,
I have a Step account with Natwest ,(due to the situation my ex left me in )
I have today recieved a letter from them stating that they are no longer paying any interest on credit balances on the following accounts
Advantage Gold
Private Bank account
Current Plus
Student Account
Graduate Account
Cash Account and
Step Account.
Starting to wonder if now is the time to change my account, bearing in mind the issues that meant i needed natwest are far behind me in both issues and time so i should be ok to change,
What would you suggest?
I have a Step account with Natwest ,(due to the situation my ex left me in )
I have today recieved a letter from them stating that they are no longer paying any interest on credit balances on the following accounts
Advantage Gold
Private Bank account
Current Plus
Student Account
Graduate Account
Cash Account and
Step Account.
Starting to wonder if now is the time to change my account, bearing in mind the issues that meant i needed natwest are far behind me in both issues and time so i should be ok to change,
What would you suggest?
2 adults 4 children Eldest 14 yrs old youngest 1yr old,
Total Credit July £38K Aug £37K Sept £37K Oct £33K Nov £26K Dec £60K May £56K Nov £52K Apr £21K :eek:
What most people need to learn in life is how to love people and use things instead of using people and loving things
Total Credit July £38K Aug £37K Sept £37K Oct £33K Nov £26K Dec £60K May £56K Nov £52K Apr £21K :eek:
What most people need to learn in life is how to love people and use things instead of using people and loving things
0
Comments
-
Most banks are stopping interest on current accounts. HSBC started to a while ago!
I should hope you're not using your current account as your main point of interest, and I suspect you won't be losing money, if any, at all. (many a few pennies a year?)0 -
I wonder if RBS will follow suit then? Its very little interest they pay anyway but if you had the packed accounts and a fair bit of dough in its still something i guess. I would stay with natwest unless you want to go with santander who do pay good interest on balances up to £2.500?:beer:It takes two to tango!:rotfl:0
-
Yes full details can be found below:
http://www.natwest.com/olb/mandatory_message/downloads/changes_tandc_010710.pdf
RBS are also following suit:
http://www.rbs.co.uk/content/personal/downloads/terms_conditions_changes_july2010.pdfIm an ex employee RBS GroupHowever Any Opinion Given On MSE Is Strictly My Own0 -
The best banks for current accounts (if you keep your account in credit) are Halifax, Lloyds TSB and (from an interest point of view, but probably not if you want good customer service) Santander.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards