Is it possible

bristleposh

To open a bank account, have a debit card, with no ingoings and no direct debits.

The reason I ask is having received a lump sum and having no savings accounts, the money is resting in one of two current accounts I have. Both have to have so much per month going in, and two direct debits going out. One of the accounts is a joint account the other is in just my name. I would like to get one in my wife’s name but other than what I do with my account (taking out £1k from one account and putting it into the other account) and having two set direct debits.

I now have no more direct debits to spread to a third account and fear I may forget to transfer the money one month.

Wellard_Mann

Metro Bank will do this. I recently opened an account with them to get the benefit of commission free cash withdrawals in Europe. I didn’t need to put any money in, nor have any regular income stream or direct debits. I transferred some funds to the account a few days later to use on a subsequent trip. They also print your debit card on the spot. I opened it in a branch (took under an hour from walking in – there is no appointment system). Their branches are in the London area but I note you can now open the account online if you can’t get to a branch.

Katiehound

bristleposh wrote: »

I now have no more direct debits to spread to a third account and fear I may forget to transfer the money one month.

Set up SOs so that your money is paid automatically- then you won't worry about manually transferring it

There are quite a few ideas on this board (and the savings one) of how to find more DDs so that you could have more of your money earning something in a current account (or a linked RS)

ceredigion

bristleposh wrote: »

To open a bank account, have a debit card, with no ingoings and no direct debits.

IT might be quicker if you list all the accounts you can't open given your criteria

bristleposh

Thank you for your help