We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 <b>Have you signed up to the Forum's <a href="https://forums.moneysavingexpert.com/discussion/6612556/new-feature-get-sent-trending-forum-threads-by-email?utm_source=banner">new Email Digest</a> yet? </b>Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Debit Card with saving account

tyw7
tyw7 Posts: 238
Part of the Furniture 100 Posts Photogenic Combo Breaker
Forumite
in Budgeting & bank accounts
Is there any bank account that offers a debit card instead of a cash card?
"Character is a journey, not a destination"--Bill Clinton

Gotta save em all!
«1

Comments

  • grumbler
    grumbler Posts: 58,629
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    Why does it have to be a saving account?
  • Gromitt
    Gromitt Posts: 5,063 Forumite
    Unlikely as a debit card could in theory allow you to spend money you don't have, and I don't know of any savings accounts with an overdraft feature.
  • guesswho2000
    guesswho2000 Posts: 1,703
    Part of the Furniture 1,000 Posts Name Dropper Uniform Washer
    Forumite
    Gromitt wrote: »
    Unlikely as a debit card could in theory allow you to spend money you don't have, and I don't know of any savings accounts with an overdraft feature.

    The NatWest First Reserve savings account used to have a Solo and more recently Visa debit card (I don't think it has a DC any more).

    An online full auth card wouldn't permit an overdrawn balance, errors could potentially occur resulting in an overdraft I suppose, but this would be unlikely.
  • tyw7
    tyw7 Posts: 238
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    Forumite
    grumbler wrote: »
    Why does it have to be a saving account?
    Because a current account does not give you interest and some even charge you for the account. And I don't mind the overdraft. It's just that I would like to use the money on the account online.
    "Character is a journey, not a destination"--Bill Clinton

    Gotta save em all!
  • YorkshireBoy
    YorkshireBoy Posts: 31,541
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    tyw7 wrote: »
    Because a current account does not give you interest
    My BoS Vantage current accounts pay 3%. I have 3 more LTSB Vantage current accounts paying 4% (3% as standard).

    Santander 123 current account pays 3%.

    Nationwide have a current account paying 5%.

    You were saying? ;)
  • tyw7
    tyw7 Posts: 238
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    Forumite
    YorkshireBoy wrote: »
    My BoS Vantage current accounts pay 3%. I have 3 more LTSB Vantage current accounts paying 4% (3% as standard).

    Santander 123 current account pays 3%.

    Nationwide have a current account paying 5%.

    You were saying? ;)
    Really? Then I need to look into those. BTW what is LTSB? Lloyds TSB? Lloyds does not allow those with Burmese passports to open accounts :(
    "Character is a journey, not a destination"--Bill Clinton

    Gotta save em all!
  • The_pc_tech
    The_pc_tech Posts: 422
    Part of the Furniture 100 Posts Combo Breaker
    Forumite
    Yes he does mean Lloyds TSB
    Interests: PCs. servers, networks, mobiles and music (esp. trance)
  • innovate
    innovate Posts: 16,217
    10,000 Posts Combo Breaker
    Forumite
    tyw7 wrote: »
    Lloyds does not allow those with Burmese passports to open accounts :(

    Are you sure? I thought Lloyds are quite happy to take on UK residents if they are either EU citizens, or have permission to stay in the UK for more than 12 months.
  • tyw7
    tyw7 Posts: 238
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    Forumite
    innovate wrote: »
    Are you sure? I thought Lloyds are quite happy to take on UK residents if they are either EU citizens, or have permission to stay in the UK for more than 12 months.
    I asked. They said as long as you have a "Burmese passport" you can't open an account. You need a passport of a "non sanctioned" country.

    I have UK Indefinite Leave to Remain (ILR).
    "Character is a journey, not a destination"--Bill Clinton

    Gotta save em all!
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    I think sanctions against Burma have been suspended.
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
  • 355.8K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.9K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K 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.
Update Your Picture