📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Rbs basic account

Options
Is the rbs basic account any good i think the services are good - can it be upgraded?

Comments

  • MrSilk
    MrSilk Posts: 1,515 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 13 March 2013 at 12:54PM
    It is as good as you're going to get if you are not currently elegable for a full current account.

    Just bare in mind that you can only withdraw cash from RBS, Natwest and Tesco Bank branded ATM's, however you are able to set up direct debits and standing orders from the basic current account. Full access to internet banking is provided on the account.

    After 6-8 months of good account conduct, you should be able to upgrade to a full current account, but bare in mind that your external credit history will still be taken into account when attempting the upgrade.

    It's recomended to carry out the upgrade process in branch rather than online.
  • I have a select account with natwest i am opening the rbs one to use for mainly paypal.
  • MrSilk
    MrSilk Posts: 1,515 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Then it shall fulfil your requirements :)

    Happy banking!!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.