Looking for a CC? Try your bank like I did!

iAMaLONDONER

I went into a Santander branch to pay in a cheque- for the grand sum of £0.02 from closing down of a savings account after I had already withdrawn the balance if you're interested!

I have the 123 Current account and the cashier noticed that I was reading the a booklet on the 123CC and asked me if I was interested in applying. I said yes, reluctantly as I had applied for 2 CCs yesterday-albeit successfully! I saw an branch banker who did the application and I was pleasantly surprised when I was accepted with a limit of £3,200!

The fact that I have a balance of nearly £7k in my 123 account & pay in around £5k in the hope of been invited to Santander Select probably helped lol!

I've had CCs before though!

JKSandy

To be fair it's amazing how many people don't think to try with there own bank first.

iAMaLONDONER

JKSandy wrote: »

To be fair it's amazing how many people don't think to try with there own bank first.

Well hopefully a few newbies will see this post/thread and try!

Personally I it's even more amazing how many people who don't know the difference between a Standing order and Direct Debit!

leeroy2009

iAMaLONDONER wrote: »

Well hopefully a few newbies will see this post/thread and try!

Personally I it's even more amazing how many people who don't know the difference between a Standing order and Direct Debit!

that so and dd thing did my head in on the lloyds thread!

JKSandy

I don't understand why financial management etc isn't taught in schools.

leeroy2009

exactly, stop the French and german language lessons (if they are still taught) and teach the blighters about finance

PeacefulWaters

JKSandy wrote: »

I don't understand why financial management etc isn't taught in schools.

They did adding up, taking away and reading when I was at school.

What more is needed?

JKSandy

"They did adding up, taking away and reading when I was at school"

What a pointless comment, was it worth it?

You're on a forum under "Essential Money" try and work out what I would mean.

PeacefulWaters

JKSandy wrote: »

What a pointless comment, was it worth it?

Money management is about adding up and taking away. They teach that.

Financial products are about reading the headlines and the small print to ensure understanding. They teach that.

Yet many kids leave school without basic numeracy and literature skills. Surely schools should be addressing these deficiencies before throwing another subject into an overcrowded curriculum.

Money management skills are easily applied by those who can read and add up and care enough.

iAMaLONDONER

PeacefulWaters wrote: »

Money management is about adding up and taking away. They teach that.

Financial products are about reading the headlines and the small print to ensure understanding. They teach that.

Yet many kids leave school without basic numeracy and literature skills. Surely schools should be addressing these deficiencies before throwing another subject into an overcrowded curriculum.

Money management skills are easily applied by those who can read and add up and care enough.

Don't forget the importance of reading the small print!

As a younger person I have to say many of my peers are clueless about finance!

greenorange

PeacefulWaters wrote: »

Money management is about adding up and taking away. They teach that.

Financial products are about reading the headlines and the small print to ensure understanding. They teach that.

Yet many kids leave school without basic numeracy and literature skills. Surely schools should be addressing these deficiencies before throwing another subject into an overcrowded curriculum.

Money management skills are easily applied by those who can read and add up and care enough.

What about understanding budgeting, ISAs, credit cards, loans, overdrafts, what are interest rates, how mortgages work, the difference between a debit card and credit card, what are cheques, standing orders, direct debits, taxes - just to name a few.

I believe all of this should be taught in schools.