Savings Account with Debit Card?

Roland_Flagg

I have a joint bank account with my partner.
I would like a savings account with a debit card
just for myself so I can keep my gambling transactions separate.

I don't want another bank account and have no need for a overdraft.

Anything on the market like that?

dunstonh

I would like a savings account with a debit card

Wouldn't we all.

Anything on the market like that?

No. You are after a savings account that acts like a current account. The best you are going to get is a current account that pays a better than average interest rate (which will typically be less than a savings account)

Roland_Flagg

Thanks for the answer.

Just doing a bit of research, I think the NatWest First Reserve savings account
offers a cash card that also acts as a Debit Card.

Can anyone who has this account confirm this?

adindas

Do not about Natwest. But Santander Saving acoount do offer "Cash Card" to be used for cash withdrawal at Cash Machines.

Roland_Flagg wrote: »

Thanks for the answer.

Just doing a bit of research, I think the NatWest First Reserve savings account
offers a cash card that also acts as a Debit Card.

Can anyone who has this account confirm this?

alanq

Coventry First current account 1.1% variable for a year (0.25% variable thereafter) with VISA debit card. However, it requires a minimum of £1000 per month to be credited.
http://www.coventrybuildingsociety.co.uk/current-account/coventry-first/at_a_glance.aspx

Tesco Internet Saver is paying 2.9% variable for a year and offers Faster Payments. So you could use that to feed a current account.
http://www.tescofinance.com/personal/finance/savings/savingsaccounts/internetsaver/index.jsp

Roland_Flagg wrote: »

Just doing a bit of research, I think the NatWest First Reserve savings account
offers a cash card that also acts as a Debit Card.

Can anyone who has this account confirm this?

I don't know but it only pays 0.1%.

Twister84

Roland_Flagg wrote: »

Thanks for the answer.

Just doing a bit of research, I think the NatWest First Reserve savings account
offers a cash card that also acts as a Debit Card.

Can anyone who has this account confirm this?

A discussion in another thread has confirmed that the Natwest First Reserve does come with a debit card.


Even I was shocked to hear this.

Loughton_Monkey

Santander do cash cards with their e-Savers. Annoying bl00dy things. Had e-saver 2 and upgraded to e-saver 3. They keep sending new cards, new pins, new sign-ons - which are all a complete waste of space because my log standing original sign-on works for all accounts.

Roland_Flagg

It seems that the NatWest account only allows certain transactions on the debit card.

Twister84: Can you please point me towards the thread you are referring to?

alanq

Use of a debit card with a savings account (unlike one for a current account) must be limited to situations where your balance can immediately be verified. An overdraft must not be allowed to arise for a savings account.

premierfella

http://www.cbonline.co.uk/personal/savings/everyday-instant-access-accounts/instant-savings-account/savings-account-personal-savings

This Clydesdale savings account also appears to come with a debit card (although I have no experience of the Clydesdale so cannot provide personal verification).

Twister84

Roland_Flagg wrote: »

It seems that the NatWest account only allows certain transactions on the debit card.

Twister84: Can you please point me towards the thread you are referring to?

https://forums.moneysavingexpert.com/discussion/3169534


Notice the argument on page 3