accounts with £250 cheque guarantee

[Deleted User]

I know Barclays platinum offers a 250 limit for cheque guarantee but are there any other accounts out there which give a 250 guarantee limit with no fee for the account (and preferably some non-negligible interest on credit balances!)? I do use the debit card facility mostly but do prefer having the chq gtee too.
Many thanks in advance.

chartreuse_2

RBS Royalties Gold offers a £250 guarantee, but with a whopping £12 a month fee and !!!!!! all interest

Now, why haven't I changed banks?

YorkshireBoy

A Google search for '£250 cheque guarantee', returns several options...HSBC, Leeds Building Society etc.

[Deleted User]

YorkshireBoy wrote:

A Google search for '£250 cheque guarantee', returns several options...HSBC, Leeds Building Society etc.

Shame I didn't think of that (!) but guess I ws looking for a bit of a recommendation too for premier type accounts but with no fee - difficult to ask google that :-)

Phoenix79_2

Natwest have a Servicecard 250 Maestro. Available with a regular current plus account as well I believe. My Dad has one and he hasn't got an advantage Gold account (not that i'm aware of). Not sure if there is any minimum income required for it though?

Paul_Herring

Out of interest, How often do you pay for things over £100 with a cheque? (Or does the limit apply to things other than guaranteeing cheques?)

Jarlawuk

You find that the 'premier' account at most banks will give you that level of guarantee. But they all charge a monthly fee at around £10-15.

[Deleted User]

Jarlawuk wrote:

You find that the 'premier' account at most banks will give you that level of guarantee. But they all charge a monthly fee at around £10-15.

Thanks; barclays platinum is fee free but was hoping for something similar with better service but first direct and smile appear to offer only £100 cards.

appleseed_2

Another potential, and slightly less straightforward, solution would be to apply for a Co-operative Bank Platinum Advantage Credit Card which comes with a cheque guarantee facility of £250. Then, apply for the standard current account that has no monthly fee - unfortunately no interest on balances though. A fee-free solution.

[Deleted User]

appleseed wrote:

Another potential, and slightly less straightforward, solution would be to apply for a Co-operative Bank Platinum Advantage Credit Card which comes with a cheque guarantee facility of £250. Then, apply for the standard current account that has no monthly fee - unfortunately no interest on balances though. A fee-free solution.

Do you think the flat rate platinum would have the same facility? I was thinking of getting one of those anyway to (kind of) replace my cahoot flexible loan facility which I've cancelled (in disgust). Does anyone have one and able to confirm - thanks.

[Deleted User]

Paul_Herring wrote:

Out of interest, How often do you pay for things over £100 with a cheque? (Or does the limit apply to things other than guaranteeing cheques?)

Less than 5 times a year but like the option to be there.