Is Post Office Basic Account Linked To Anyone?

SHEARERBOBS

Couldn't get a smile account so just wondered about the post office?

Are they linked to anyone?

nearlyrich

I think they operate some alliance and leicester accounts but I am not absolutely sure, you might get more help with this on on the Banking board, I will move it over there.

Rafter

If you want a co-operative bank account you could go for their cashminder account which won't have the same credit rating requirements as smile?

I thought the basic post office account was operated in house but could be wrong.

there is an up to date list of basic bank account providers and the services they offer here......

http://www.moneymadeclear.fsa.gov.uk/pdfs/bank_accounts.pdf

R.

sgx.saint

I don't believe the Post Office operate a basic bank account anymore. They allow you to service some accounts via Post Office branches, but they don't actually run an account service of their own.

jonesMUFCforever

The Post office account is for benefits only. You cannot pay in anything over the counter.

sgx.saint

Or check the sticky:-

http://forums.moneysavingexpert.com/showthread.html?t=319736

victoriav

ejones999 wrote:

The Post office account is for benefits only. You cannot pay in anything over the counter.

No! thats a post office card account which you are talking about here. There did used to be a basic post office savings account but i think no longer in operation?

jonesMUFCforever

victoriav wrote:

No! thats a post office card account which you are talking about here. There did used to be a basic post office savings account but i think no longer in operation?

That's right. That fell by the board some years ago.

tom188

Sounds like confusion between the post office and national savings to me.

LJM

i recently tried to open an account in local post office to be told they dont do them any more,but i am a customer with alliance and leister and i can access my account from post office e.g pay in/take out