Is more than one bank account better?

badger09

gettinnerdy wrote: »

I have £73,441.17 in my Club Lloyds Account

I have £440,266.92 in my Lloyds Instant Savings Account

My Lloyds Platinum MasterCard has a £20,000 credit limit

I own shares in Tesla Motors, Apple Inc, and Arla Dairies.

I drive a 66 plate BMW electric car

My mortgage was for £240,000 and I have £6,200 left to pay.

I wear an Apple Watch, and have an iPhone X.

Then you should do something about it:cool:

gettinnerdy

Lloyd’s Bank

In a recent forum poll, a staggering 80% voted that Lloyds is better than barclays.

Lloyds has 3.1k likes on Facebook where barclays has over 6k.

Why does barclays get so much more bad press? Or is it just because they are a bigger bank with more customers so therefore more people to complain about them?

IMO, their app is miles ahead of any other banking apps and has been for the last 7 years

Mchambers

Simple answer.....Barclays are continually fined by the regulators for their actions, their current ceo (Jes Staley) is being investigated by the FCA for wrongly trying to identify a whistle-blower and I suspect that he will be gone as a result. Barclays are being prosecuted for fraud in 2019 with 4 of their ex-directors (including ex-ceo John Varley).

Mmmm...Very naughty Barclays.

[Deleted User]

gettinnerdy wrote: »

I have £73,441.17 in my Club Lloyds Account

I have £440,266.92 in my Lloyds Instant Savings Account

My Lloyds Platinum MasterCard has a £20,000 credit limit

I own shares in Tesla Motors, Apple Inc, and Arla Dairies.

I drive a 66 plate BMW electric car

My mortgage was for £240,000 and I have £6,200 left to pay.

I wear an Apple Watch, and have an iPhone X.

The only thing you're missing is a medal and a chest to pin it on then

gettinnerdy

Lloyd’s Bank

Do you think the 2019 case could result in barclays being broken up or sent bankrupt?

PeacefulWaters

gettinnerdy wrote: »

In a recent forum poll, a staggering 80% voted that Lloyds is better than barclays.

It was 12 votes to 3 at that stage.

Staggering that you'd choose to pay any attention to such numbers.

[Deleted User]

I just threw in a Barclays vote for the fun of it and shifted it by 5% in their favour.

Biggles

!!! wrote: »

The only thing you're missing is a medal and a chest to pin it on then

I didn't know there was a medal for incompetent saving.

gettinnerdy

Lloyd’s Bank

Barclays could probably buy out Lloyds then close them down

vacheron

Halifax Bank

We have Barclays and Lloyds accounts.

I agree the Barclays app (and the website) is great to use and very advanced, and I've had no problems at all with them over the last few years.

My only problems were when the staff got involved. Call centres and back office experience was very poor when things needed doing that couldn't be done myself using the the app / website. (providing proof of ID, mortgage processing etc, physical bits of paper moving around etc.)

Their rates and fees are high and their interest is poor, but if you avoid their overpriced products which offer little in the way of value for money and use them wisely in areas they do well they definitely have their place. For example, I've enjoyed 6 years of free English Heratige memebership and currently have over £370 sitting in my Blue Rewards account for doing absolutely nothing other than what I was already using them for! :money: