newbie which bank ??

THE4WHINGERS

hi all
im a newbie to here but have been mser on other threads for while
finally doing something about my debts unable to get oh to do anything yet :0( but sorting out mine at last
have taken first steps and contacted cccs before i send a payment offer to creditors i need to open a bank account in my own name and take myself off our joint ones
can any one recommend a good one i will need to use dd and so still and cant be with

santander
egg
mbna
halifax
argos
as they are my credit card debitors i feel a bit overwhemed at mo with it all but its a massive relief to be doing something :0)

Tixy

Hi
You'll need an account not connected with any of those banks as well. Before you apply for a bank account check these tables so you can see which banks are linked for offsetting. http://www.payplan.com/debt-news/2011/01/20/right-to-offset/
The c-op cashminder account is popular.

See this link http://www.moneyadviceservice.org.uk/_assets/downloads/pdfs/your_money/a5_guides/basic_bank_accounts.pdf (pages 6&7) for the facilities you can have with each of the basic bank accounts on the market.

TheLostSheep

It's of any help, I was in a similar situation needing to set up a bank account with someone not connected to my main creditors.

I have used the Co-operative Bank. The set up was simple and I've been with them for about 9 months and no problems at all.

Wills_mistress

apparnetly Metro bank is quite good but there are branches in London only

THE4WHINGERS

thanks for replys i am looking at co op or rbs key account i think after looking at info one of big probs is there are no banks left open in small midlands town where i live so have to be able to withdraw and pay in at postoffice but both these look good just got to weigh up fees ect on both then make a choice everything seems so complicated and im only on step one lol :0)

Sparklyfairy

I just wanted to add - the Payplan list of who owns who is slightly out of date. Egg are now owned by Barclays, so just bear that in mind as well..

THE4WHINGERS

thanks sparklyfairy i looked at barclays too phew close one does anyone know who has mbna cant find that one i know it was santander once ?

Tixy

MBNA are backed by bank of america.

You should be fine with Co-op. The only other bank they are linked to is Smile.

Chrisblue1962

i can recommend the Co-op cashminder account as a good basic account

• Internet banking
• Telephone helpline for help, information and balances
• No overdraft facility :T
• Visa Debit card
• Linked savings account if you want one
• Access to account via Post Offices

Hope this helps