We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Quick and Easy Open New Bank Account for Matched Betting?

BatchedMetting
BatchedMetting Posts: 113 Forumite
in Budgeting & bank accounts
Good morning.

I want to give matched betting a try and have read its a good idea to open a new bank account to keep things separate.

Can anyone recommend a quick and easy bank account I can open online?

I recently opened an account with COOP and that was very easy. My main accounts are with Natwest.

Any tips? I don't need any bonuses or incentives as it won't be used for much.

Thanks.

Comments

  • WillPS
    WillPS Posts: 5,504 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    I've always found the TSB Cash account to be a very easy one to sign up for.
  • MyOnlyPost
    MyOnlyPost Posts: 1,562 Forumite
    Importantly you want an account that doesn't flag up for a fraud check every time you try to deposit to a bookies site.

    I found Halifax and Lloyds to be very tolerant of betting deposits, Barclays and Yorkshire bank didn't like them at all and I had frequent calls from the fraud team
    It may sometimes seem like I can't spell, I can, I just can't type
  • BatchedMetting
    BatchedMetting Posts: 113 Forumite
    WillPS wrote: »
    I've always found the TSB Cash account to be a very easy one to sign up for.

    Thanks. We're they OK with betting deposits?
  • Shakin_Steve
    Shakin_Steve Posts: 2,853 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    MyOnlyPost wrote: »
    Importantly you want an account that doesn't flag up for a fraud check every time you try to deposit to a bookies site.

    I found Halifax and Lloyds to be very tolerant of betting deposits, Barclays and Yorkshire bank didn't like them at all and I had frequent calls from the fraud team
    I've been using Barclays to place deposits into my skybet account for about five years now, never had a problem.
    I came into this world with nothing and I've got most of it left.
  • MyOnlyPost
    MyOnlyPost Posts: 1,562 Forumite
    Shakin_Steve wrote: »
    I've been using Barclays to place deposits into my skybet account for about five years now, never had a problem.

    Are you recreational betting or matched betting? Advanced matched betting can involve 4 figure deposits for a 2-3% return where as most recreational gamblers would be making relatively small deposits
    It may sometimes seem like I can't spell, I can, I just can't type
  • Shakin_Steve
    Shakin_Steve Posts: 2,853 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    MyOnlyPost wrote: »
    Are you recreational betting or matched betting? Advanced matched betting can involve 4 figure deposits for a 2-3% return where as most recreational gamblers would be making relatively small deposits
    Definitely recreational, £50 max.
    I came into this world with nothing and I've got most of it left.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.5K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.2K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture