Account for making "faster payments" ?

jen245

Beancounter wrote: »

Thanks for the input folks, to the peeps saying Natwest, I assume RBS would be just the same as their accounts seems to be the same as Natwest's? Would be handy as I have a branch nearby but i'm 20 miles away from Natwest.

Yes, RBS are the same, and they both now have the same account range

premierfella

Beancounter wrote: »

Thanks for the input folks, to the peeps saying Natwest, I assume RBS would be just the same as their accounts seems to be the same as Natwest's? Would be handy as I have a branch nearby but i'm 20 miles away from Natwest.

As per Jen245 - I have both RBS and NatWest accounts and both internet banking sites appear to use the same system and operate identically.

Obviously Beancounter if the RBS branch you are close to is one based in England that would be an issue given the sale of those to Santander!

edinburgher

Another satisfied Natwest user here - I have a basic account with them and it allows me to transfer monies into ISAs etc. with Halifax pretty much instantly.

Generally very pleased with their service too, although they are forever trying to sell me stuff as I don't make them much money through fees/interest etc.

Obviously Beancounter if the RBS branch you are close to is one based in England that would be an issue given the sale of those to Santander!

I could be wrong, but think that Santander are also picking up some Natwest branches in Scotland.... might be time to switch!

Beancounter

premierfella wrote: »

As per Jen245 - I have both RBS and NatWest accounts and both internet banking sites appear to use the same system and operate identically.

Obviously Beancounter if the RBS branch you are close to is one based in England that would be an issue given the sale of those to Santander!

Cheers, I am in Scotland so pretty safe to assume it won't go near the Spanish.:D

pmduk

Santander are buying the Natwest branches in Scotland so avoid them like the plague.

cottager

Another plus for Natwest is that their eSavings is one of the few savings accounts which offer Faster Payments (others are Tesco and M&S). Unfortunately it only pays 1% gross, but it can still be useful as somewhere to push off small amounts of surplus from the current a/c to earn a bit till you need it again -- RBS's equivalent is the Direct Saver, but as I'm not with them I can't say if it offers FPs too (but assume it would, being part of the same group).

Or there's Lloyds TSB current a/c + Vantage if you can take advantage of it -- you need to cycle £1000 monthly through the account (and stay in credit) to get the tiered interest.
http://www.lloydstsb.com/current_accounts/vantage.asp

Sharon87

I'd say Halifax is ok. HSBC's faster payments are the best I've used. But now you need to log in with your secure key everytime for internet banking, but don't need it to make transfers. I use my HSBC for getting paid into and then transferring that to my other accounts. It's easy to use