Best basic bank account?

EarthBoy

Anthorn wrote: »

I really don't think that "free", "debit card" and "cash withdrawals" go together in any bank account except in a savings account. Look at it this way: If the account has a fee table there is not a cat-in-hell's chance of it being free.

Even savings accounts can incur fees sometimes, e.g. for duplicate statements.

Anthorn wrote: »

Probably the only relief is an account which doesn't charge fees such as Secure Trust Bank, Cashplus, etc. But there is still a monthly flat-fee to pay.

An account which doesn't charge fees but still has a monthly flat-fee to pay? So it isn't a free account then.

Anthorn

EarthBoy wrote: »

Even savings accounts can incur fees sometimes, e.g. for duplicate statements.



An account which doesn't charge fees but still has a monthly flat-fee to pay? So it isn't a free account then.

Exactly ...

Anthorn

Archi_Bald wrote: »

It is free if you do not use money that doesn't belong to you. If you want the flexibility to use the bank's money without arranging for a loan, this costs money, as per the fee schedule.

So it's not free then.

anoncol

Anthorn wrote: »

So it's not free then.

It is free if you don't pay for it. Doesn't mean there are other circumstances where you do pay for features.

cambermam

If you're wanting to save money why don't you get a savings account that takes a few days to withdraw from so you're unlikely to use money from it willy nilly? I've got an NS&I one for this reason.

Or is the issue that you are living in an overdraft? I've got a Natwest basic (think it used to be called Step) account and I really like it, the mobile app is brill and you can withdraw from any cash machine now (used to be Natwest machines only).

luhrmann

i usually do dip into my overdraft every month. not a lot, but i would like to stop that and then start saving. i'm with natwest now so i'm not sure if they'll let me have another account

the_silence

Does anyone know if any basic bank accounts have a debit card that doesn't have 'basic' written on it?

debtorwithaquestion

The Barclays basic current account (used to be called cash card account) has the standard blue debit card that comes with a Barclays full current account.

Nothing written on the card. Except it is not contactless and I doubt they will change that

colsten

the_silence wrote: »

Does anyone know if any basic bank accounts have a debit card that doesn't have 'basic' written on it?

I wouldn't worry. Almost nobody looks at what's written on your card. Those who do should probably take up a different hobby.......

paragon909

lol what difference does it make having basic written on the card.

As long as it has enough money to be authorised.