Savings accounts with cash cards

BankingCarolus

It used to be fairly common for savings accounts to come with cash card to withdraw money from a cash machine. However, over the years, more and more new accounts don't offer them or have had them withdrawn. I'm interested in any remaining accounts, available to open, that do still offer them, either by default or at least that allow you to optionally order one. So far I've identified:

Bank of Scotland, Access Saver

Barclays, Everyday Saver

Halifax, Everyday Saver

Is anyone aware of any others?

flaneurs_lobster

TSB Easy Saver (grudgingly)

If there is no other way for you to take money out of your account, you can ask us for an ATM card

grumbler

https://www.postoffice.co.uk/savings-accounts/instant-saver

https://www.nationwide.co.uk/savings/instant-access-saver/

refluxer

BankingCarolus said:

It used to be fairly common for savings accounts to come with cash card to withdraw money from a cash machine. However, over the years, more and more new accounts don't offer them or have had them withdrawn. I'm interested in any remaining accounts, available to open, that do still offer them, either by default or at least that allow you to optionally order one. So far I've identified:

Bank of Scotland, Access Saver

Barclays, Everyday Saver

Halifax, Everyday Saver

Is anyone aware of any others?

Is there a particular reason why you need this type of account ?

The problem with those accounts is that they offer very poor rates of interest so aren't a good option for saving. The Post Office and Nationwide accounts mentioned above are a little better but you can get anything up to around 5% elsewhere if you're willing to work around not having a card. 

It's much more common these days to open a separate savings account and then simply transfer money across to your current account as and when you need it, although you'd need online banking for this to be a viable, convenient option.

BankingCarolus

refluxer said:

BankingCarolus said:

It used to be fairly common for savings accounts to come with cash card to withdraw money from a cash machine. However, over the years, more and more new accounts don't offer them or have had them withdrawn. I'm interested in any remaining accounts, available to open, that do still offer them, either by default or at least that allow you to optionally order one. So far I've identified:

Bank of Scotland, Access Saver

Barclays, Everyday Saver

Halifax, Everyday Saver

Is anyone aware of any others?

Is there a particular reason why you need this type of account ?

The problem with those accounts is that they offer very poor rates of interest so aren't a good option for saving. The Post Office and Nationwide accounts mentioned above are a little better but you can get anything up to around 5% elsewhere if you're willing to work around not having a card. 

It's much more common these days to open a separate savings account and then simply transfer money across to your current account as and when you need it, although you'd need online banking for this to be a viable, convenient option.

I'm interested in them as a matter of historical curiosity, not as a serious savings vehicle. They're now a bit of a relic (in a similar way to building society accounts that still come with passbooks), and I wanted to assess which ones still exist as I assume the numbers will only ever decrease (and perhaps add an unusual card or two to my collection!)

refluxer

BankingCarolus said:

refluxer said:

BankingCarolus said:

It used to be fairly common for savings accounts to come with cash card to withdraw money from a cash machine. However, over the years, more and more new accounts don't offer them or have had them withdrawn. I'm interested in any remaining accounts, available to open, that do still offer them, either by default or at least that allow you to optionally order one. So far I've identified:

Bank of Scotland, Access Saver

Barclays, Everyday Saver

Halifax, Everyday Saver

Is anyone aware of any others?

Is there a particular reason why you need this type of account ?

The problem with those accounts is that they offer very poor rates of interest so aren't a good option for saving. The Post Office and Nationwide accounts mentioned above are a little better but you can get anything up to around 5% elsewhere if you're willing to work around not having a card. 

It's much more common these days to open a separate savings account and then simply transfer money across to your current account as and when you need it, although you'd need online banking for this to be a viable, convenient option.

I'm interested in them as a matter of historical curiosity, not as a serious savings vehicle. They're now a bit of a relic (in a similar way to building society accounts that still come with passbooks), and I wanted to assess which ones still exist as I assume the numbers will only ever decrease (and perhaps add an unusual card or two to my collection!)

Ah, gotcha. That's a curious hobby !

BooJewels

In that case, Santander do a card on one of their savings accounts.  Not sure which one - something like an everyday saver.  I suspect they might be phasing them out as I'd forgotten that I had one and they wrote to me recently saying that if I didn't use it soon, they'd not replace it when it expired.   I hadn't mentioned it earlier as I think it only pays 1%.

AstonSmith

refluxer said:

It's much more common these days to open a separate savings account and then simply transfer money across to your current account as and when you need it, although you'd need online banking for this to be a viable, convenient option.

Isn't there a risk that the bank's security systems will flag this and refuse the transaction?

As opposed to a dedicated card that takes the money directly?

Cashmygiro

I assume it will only just be high street banks who may still issue cards, you won't get a card from the high interest online-type banks.

I had one with BOS years ago pre-credit crunch, think it paid something like 0.10% when 5%+ was easily available. I still had it up until about 2 years ago.

EarthBoy

AstonSmith said:

refluxer said:

It's much more common these days to open a separate savings account and then simply transfer money across to your current account as and when you need it, although you'd need online banking for this to be a viable, convenient option.

Isn't there a risk that the bank's security systems will flag this and refuse the transaction?

If the account doesn't have an ATM card, how else are you meant to withdraw your money? 

flaneurs_lobster

You visit a Branch with your passbook or you write them a letter and they send you a cheque.