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Why wont people use their local Building Society when they can get a full account?

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Comments

  • Plxply
    Plxply Posts: 594 Forumite
    Aren't Visa Debit/Visa Electron cards issued on most basic bank accounts? I've definitely seen a large number of Visa Electron cards floating around that I assume are linked to basic bank accounts.
  • duchesspink1
    duchesspink1 Posts: 150 Forumite
    most basic bank accounts come with atm or debit cards so why on earth would anyone want to go back 20 years in time and have to walk about with a passbook, trying to find a branch open at a time when you aren't working, queuing up etc.

    everyone is entitled to a basic bank account so i'd be surprised if anyone had trouble getting one nowadays
  • notts_phil
    notts_phil Posts: 1,087 Forumite
    most basic bank accounts come with atm or debit cards so why on earth would anyone want to go back 20 years in time and have to walk about with a passbook, trying to find a branch open at a time when you aren't working, queuing up etc.

    everyone is entitled to a basic bank account so i'd be surprised if anyone had trouble getting one nowadays


    Sorry but you are wrong.

    Lots if building societies offer cash card based accounts

    You are not entitled to a basic bank account. Banks can choose to refuse who they wish.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • MoneySaverLog
    MoneySaverLog Posts: 3,232 Forumite
    I would actually like a passbook account, trouble is they pay very very very very very poor interest.
  • Agreed I cant seem to see many BS (though theres West Brom and nationwide etc)
    Passbook account is a nice idea when I had a savings with Chelsea 3.50% interest :)
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