Basic accounts: Barclays Vs Nationwide Vs TSB

debtorwithaquestion

Any1 care to share their experience of these basic accounts. Can't pick!!!

mgdavid

can't mind-read! which particular account features, services and attributes are important to you? i.e. what do you want?

karlie88

Eeny, meeny, miny, moe?

Paul_1977

Basic accounts?

If they are basic, you will get a cash card, and an account you can pay and withdraw money from.

If I have to pick, it would be nationwide. Barclays is too big and has its fingers in stuff, TSB is being taken over by the Spanish.

kpearsoncj

They are changing there basic account to be contactless in November its called flexbasic

Archi_Bald

Paul_1977 wrote: »

Barclays is too big and has its fingers in stuff,

stuff? what stuff?

Paul_1977 wrote: »

TSB is being taken over by the Spanish.

more xenophobia. http://www.tsb.co.uk/sabadell-information/

BTW, the acquisition by Sabadell has been completed, and we have since seen the introduction of the 5% contactless cashback.

debtorwithaquestion

Well, a contactless card from Nationwide would be great...

I want an account that produces good, clear statements for a start that are easy to read- santanders were horrible. (sorry to sound snooty there)

Also, which of the banks has good customer service?

In terms of the future, when my credit file is better- would any of these banks be more likely to accept me for lending products like overdrafts and credit cards, based on how I have run the account?

I do have a full current account with RBS and TSB and SANTANDER but as I am bankrupt I thought I should stick to a basic account

Paul_1977

Archi_Bald wrote: »

stuff? what stuff?

more xenophobia. http://www.tsb.co.uk/sabadell-information/

BTW, the acquisition by Sabadell has been completed, and we have since seen the introduction of the 5% contactless cashback.

Barclays has been involved in various scandals and manipulations. Other big banks have as well.

I will continue to bank with TSB, for now. I am aware TSB is now owned by Sab. I would prefer to do business with a British bank.

Archi_Bald

Paul_1977 wrote: »

I would prefer to do business with a British bank.

But what's a british bank? Would one that has its HQ in Britain and is majority owned by russian oligarchs, chinese, indian and greek billionaires, and by international hedge funds etc count as british? Do the Board Directors have to be British? Are you seriously combing through the company accounts to determine their Britishness?

I would suggest that all that counts for a retail banking customer is that they have FSCS protection, and that they offer competitive accounts, backed by a CS organisation that speaks english without any strong accent.

djpailo

debtorwithaquestion wrote: »

Well, a contactless card from Nationwide would be great...

I want an account that produces good, clear statements for a start that are easy to read- santanders were horrible. (sorry to sound snooty there)

Also, which of the banks has good customer service?

In terms of the future, when my credit file is better- would any of these banks be more likely to accept me for lending products like overdrafts and credit cards, based on how I have run the account?

I do have a full current account with RBS and TSB and SANTANDER but as I am bankrupt I thought I should stick to a basic account

To be fair, Santander clearly show how much you've spent that month (since the account opening date), which I think its pretty nice.

My experience of nationwide has been good, never had any issues.

debtorwithaquestion

Santander do have good in branch service from what I have experienced. I know its not important i just dont know what I should go for as im in a debt relief order so limited income anyway.