MSE News: NatWest, Lloyds, TSB and RBS lift basic account cash machine ban 12 June 2014 at 6:14PM in Budgeting & bank accounts 36 replies 5.8K views

Former_MSE_Paloma

Basic bank account customers of Lloyds Bank, RBS/NatWest and TSB will soon be able to withdraw cash from any ATM...

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NatWest, Lloyds, TSB and RBS lift basic account cash machine ban



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davethorp

Good news for those who stuck with RBS/Natwest following the ATM restrictions.

I didn't (partly due to the restrictions and partly due to other banks offering me non basic accounts)

pmduk

Now all four banks have performed a U-turn. Lloyds and TSB customers will be able to use Link ATMs from early July, while NatWest and RBS customers will have the ban lifted by the end of the year.
NatWest and RBS customers will be able to access all Link ATMs by the end of the year, while Lloyds Bank and TSB basic bank customers will be able to use Link cash points from early July.

Is it just me or are paragraphs 4 and 5 just repeating each other? Seems sloppy editing.

Mandelbrot

pmduk wrote: »

Is it just me or are paragraphs 4 and 5 just repeating each other? Seems sloppy editing.

No, it's not just you.
It is sloppy editing.
And there are other parts of the article in need of proofreading, too.

chambta

RBS Basic Account holders have been able to for almost a year though they may not have even tried.

katy_ann

Im a Lloyds basic account holder and this is brilliant news!

minislim

i wasnt even aware this sort of practice was still in existence? i thought it died out in the late 90's.

just another reason why anyone would ever consider banking with those sorts of banks.

they're never competitive with their rates, always seem to be the banks that have problems or technical glitches and are rubbish on customer service.

my father ended up with 7 isa's banking with natwest!

each year they'd tell him he needed to open a new one up to keep a higher rate of interest.

what they failed to tell him was he could transfer his previous isa across.

at least !!!!!! turpin wore a mask!

pmduk

These are basic accounts, for many holders there's not a lot of choice in where they bank.

0161a

This is good news that basic bank account holders are no longer discriminated against, but can some one explain why NatWest insist on writing Basic account on my debit card? is it so that anyone who takes a payment from me can be I no doubt about my financial situation? Surely only I should be privy to the fact that I have a basic bank account?

0161a

Further to my above post, is the fact that NatWest print basic account on the front of my card a breach of data protection? why do they feel the need to discriminate ?

MrSilk

0161a wrote: »

Further to my above post, is the fact that NatWest print basic account on the front of my card a breach of data protection? why do they feel the need to discriminate ?

No, no discrimination, I guess they could write whatever they wanted to (within reason) on your card.

And it's not just people with poor credit status who choose to have basic accounts. The forums could be flooding with posts from them upset that others think they have poor credit status because it states 'Basic account' on their card, but they've got better things to be doing.

If you don't like the fact that it has 'Basic account' written on it, then just move banks to one that doesn't have it written on their cards, but I believe all of them do.