MSE News: N&P launches fee-free holiday debit card

oscarhugo

Here ya go, Rachel...

Do you want a debit card instead?


If you can't get a credit card due to a weaker credit rating, or would prefer a bank account with a debit card to spend on abroad, you have a few options:

• Norwich & Peterborough BS has changed its current account range, for both new and existing customers, to have 0% overseas spending fees and no cash withdrawal fee worldwide. However to avoid all charges you must meet some requirements...
  Gold Classic
  The Gold Classic card charges a £5 fee unless you pay in £500 per month (approx £6,100 salary). There's also a £5 monthly fee if you go into your authorised overdraft by more than £10.
  Gold Light
  The Gold Light card charges a £5 if you make fewer than five transactions a month. There's no authorised overdraft for new customers, so ensure you don't spend more than you have in the account or you'll be hit with some big fees.

interbear

OK so we are interested in switching away from Nationwide to this N&P account as my wife regularly travels to France to visit family, so the fee-free ATM and purchases is an important benefit. In fact it's why my wife switched to use Nationwide as her main account in the first place.

No issues with the £500/month as it would be her main account. OK the overdraft fees are punitive but that can be avoided.

So, some queries before we apply :-

- anyone with experience of using this account. Any comments?
- how is their online banking? Branch service not important to us, we're in Wales, so good online banking is a must.
- I know N&P don't support faster payments so how long would it take to make payments into the account from another bank?

Cheers.

Dr_Cuckoo3

Three days for payments to arrive - transfer on a Monday and it will arrive on a Wednesday

BACS payments out of the account take three days to arrive at the destination and the cut off point appears to be 5pm or 5:30pm - so transfer on Wednesday and it will arrive on Friday

Internet banking seems to be very reliable and I cannot recall it being unavailable at any time in the last 2 years

Transaction history is viewable for six years

You can send messages to the Bank via internet banking