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A Current Account That Won't...

allow you to go overdrawn.

Does such a thing exist?

I think it'd be great to have a second a/c that just declines any payment that puts you in the red.

Very naive question, I know. :A

Comments

  • Gromitt
    Gromitt Posts: 5,063 Forumite
    Co-op's CashMinder comes to mind, but you'll have to make sure you never buy goods in a shop using the debit card. If you do, you could go overdrawn (ie, spend the cash before the shop has taken the money).

    Barclays, Halifax and others do similar accounts (usually with the same condition)
  • pmduk
    pmduk Posts: 10,737
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Forumite
    edited 1 March 2012 at 8:10PM
    People like think banking offer such an account, but charge you a fortune for doing your work for you. You're better off buying a pen and note book and putting the savings into your account.
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    I agree with previous poster.
    Lloyds charge £10 for their control account.
This discussion has been closed.
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