Bank account, debit card, with ZERO overdraft

gsf600y

grumbler wrote: »

Well, in this case, if the OP is capable himself of avoiding getting overdrawn, it's much better to have an agreed overdraft and simply not use it than not to have it at all.

Agreed limit will be for accidental overspend only that will cost much less than without an agreed overdraft.

Basically, I want to completely avoid all overspend. I want zero ability to spend more than is put into the account.

It's an approach to stopping overspend on a joint account. (don't ask )

gsf600y

Well, looking at these basic accounts, they don't appear to be an option, as they require you to be in financial difficulties, and there a possible risk of impact to credit rating just by having one (ridiculous!).

So, looks like all I can do is get a normal current account, with an agreed overdraft, and request the other joint account holder doesn't go into it.

So there's no way to prevent accidental or otherwise overspend

This is pants.

grumbler

gsf600y wrote: »

But how does the terminal know anything about my overdraft or lack of one?

It doesn't know anything about the balance and the overdraft.
What it really needs to know is only the type of the card.
Two main types are 'online' and 'offline'.
The latter can be authorised for any amount regardless of the actual balance and overdraft.
Understandably, basic accounts normally have 'online' cards that require online authorisation that depends on the amount and the balance.

gsf600y

Ah, that explains it, thanks

diamonds

Pay at Pump will authorise the maximum pump sale even with just 1p available credit on a credit card, handy the day before payday, fill up and next day as soon as wages are available pay your credit card before the P@P transaction posts to your credit card account

Dobbibill

gsf600y wrote: »

So, looks like all I can do is get a normal current account, with an agreed overdraft, and request the other joint account holder doesn't go into it.

You don't have to opt to have an OD on a 'normal current account', you can still choose not to have one.

So there's no way to prevent accidental or otherwise overspend

This is pants

Get a cashpoint card and withdraw cash only to spend, once it's gone, it's gone.

If you/joint account holder is going to spend without checking your balance first there is going to be instances when you go overdrawn, planned or unplanned, which will cost you money in charges, unplanned being the more expensive.

grumbler

Dobbibill wrote: »

You don't have to opt to have an OD on a 'normal current account', you can still choose not to have one.

To be pedantic, all 'normal' accounts have overdraft. You can chose the agreed limit to be £0, but this doesn't stop you from getting overdrawn.

Get a cashpoint card and withdraw cash only to spend, once it's gone, it's gone.

If you/joint account holder is going to spend without checking your balance first there is going to be instances when you go overdrawn, planned or unplanned, which will cost you money in charges, unplanned being the more expensive.

I don't see any fees/charges or even interest for FlexBasic account even if you manage to get overdrawn somehow. And it comes with a debit card that is even contactless.

diamonds

OP Barclays or Virgin

System

NatWest or RBS Select account with overdraft control as they are the only bank that doesn't charge for that function.

Grumbler - the card issuer determines if cards work at Pay at Pump. Some basic account providers allow it and others don't (most notably NatWest/RBS). The value authorised is usually £1 not 1p like Diamond says.

pmjenkins

Have you considered a pre-paid card such as Pockit?

Open an account with an additional card for your partner.

Top it up from your account at the beginning of the month. Can't go overdrawn - when it's empty that's it. Only drawback I can see is that's there a 99p fee for ATM withdrawals.

I've got one - it's a non-contactless MasterCard. I not had a problem using it on-line or in person, although I haven't tried pay-at-pump.