Best bank account..

Valerie84

I am looking to change my current bank account from Santander. I am trying to get an idea of the various good and bad about particular banks, but read good things about one, only to come across bad star ratings somewhere else. Well I have been with both Nationwide and RBS in the past and was not impressed. I have been looking into the Clydesdale and Barclays, but have also heard HSBC are very good. For someone on low income , but is not wanting an overdraft- but simply an account where money can be kept, but also access good friendly customer service when needed, does anyone have any ideas?

Thanks

DrSyn

First Direct and the CO-OP Bank always get at least 80% in the customer satifaction polls and are well like by their customers and with good reason. These days that takes some doing!

Run a search on this forums site.

First Direct expect £1500 to be paid in a month. However if you take their credit card or a savings account, I understand this does not apply. It is a phone and internet bank which is part of the HSBC group, so you can use their branches for some transactions.

The Co-op Banks " Standard current account" only needs £1 to open. While the Co-op has few branches, it can be run through the Post Office Counter Service. Something I find very useful!

I would think you would be very happy with either bank!

Let us know which bank you finally deside on. If reports I have read are anything to go by, any one is likely to be better than your current one.

Lith

Try HSBC,

there very good, and as DrySyn says First Direct are very good to. because there a part of HSBC, it does say you need to pay 1500 a month but if you open a savings account put £1 in there that account will be free.

laura_edinburgh

I like Nationwide.

Valerie84

Thanks for the info, I have certainly never been on £1500 a month..£1000 tops. So can't really go with any bank that relies on a specified amount to go in each month. I am taking it with the savings account, I can still access it as I would a current account..as this is primarily what I am looking for..not really at a point I can start doing much investing right now! Lol. I will also look into Co-op. Thanks.

TheMoneySavingNovice

I find HSBC are good. Not the best rates for savings but it's easy online and you can apply for other accounts and have them open instantly online

I have 4 accounts under the same user ID and I find it easy to manage them.