Opening a basic bank account or a savings account when not on the electoral roll?

Nick_C

agrinnall wrote: »

You can split hairs for as long as you like, but the legal requirement is to be registered to vote. Anyone not registering who is eligible is in breach of the law.

Not splitting hairs. Simply taking time to explain the changes as a lot of people don't seem to understand them.

stehouk

if you have moved your bank accounts to your new address why do you need a basic account?
basic accounts are for people that cannot get a standard current account for a number of reasons, a poor credit history being one example, they also have restrictions on spending ie no overdraft facility and some debit cards have to be topped up from the account before spending

stehouk

i can reccomend the coop cashminder account. i used this account for several years while i i sorted my my finances out, but i wouldnt reccomend downgtading from a standard current account

eDicky

agrinnall wrote: »

the legal requirement is to be registered to vote. Anyone not registering who is eligible is in breach of the law.

What sort of penalty or other implications am I facing for not complying with this law (which I was unaware of)..?

EssexExile

https://www.gov.uk/electoral-register

agrinnall

eDicky wrote: »

What sort of penalty or other implications am I facing for not complying with this law (which I was unaware of)..?

As EssexExile has posted, £80 fine.

tenchy

eDicky wrote: »

What sort of penalty or other implications am I facing for not complying with this law (which I was unaware of)..?

In reality - none.

agrinnall

You can have as many current accounts as you like (or are able to open), many people on here have several, and some are into double figures.

I don't think there are any savings accounts that issue a debit card, although there are a few that issue an ATM card.

EarthBoy

travelling_about wrote: »

So I guess I should look at savings accounts which have a debit card / online banking.

The only bank I know of which provides a debit card with a savings account is the Yorkshire/Clydesdale Bank:

https://secure.ybonline.co.uk/personal/savings/everyday-instant-access-accounts/instant-savings-account/?Find%20out%20more