New Cahoot Online Banking Site

Legacy_user · 2016-03-08 19:21:09

Santander has revamped the Cahoot online banking site. As far as I can see it is pretty much the same as the Santander site but with Cahoot branding. Why are they doing this? The Cahoot brand doesn't seem to be going anywhere and is closed to new customers. My thinking is that now the site is a mirror of the Santander site…

8 March 2016 at 7:21PM edited 30 November -1 at 12:00AM in Budgeting & Bank Accounts

13 replies 7.3K views

Replies

19 March 2016 at 12:08PM

Dan83 Forumite
648 posts

19 March 2016 at 12:08PM

What are the advantages of a cahoot account compared to a high street bank account?

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19 March 2016 at 12:32PM edited 19 March 2016 at 12:36PM

System
177.8K posts

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19 March 2016 at 12:32PM edited 19 March 2016 at 12:36PM

Cahoot isn't taking on any new customers. The only advantage I can see is the interest free £100 overdraft facility and the very good overdraft rates and debit balances over the £100 - 11.8% and no daily or monthly fee. Everything else is bog standard. I don't use it day to day but can't bring myself to close it in case something exciting happens in the future, lol.

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19 March 2016 at 2:13PM

neilsedaka Forumite
374 posts

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19 March 2016 at 2:13PM

Cahoot provide envelopes for paying in cheques postage free. Only use cheques once in a blue moon though.

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