physical card readers

housebuyer143

tiger135 said:

So I am glad I asked this question, I like nationwide but I'd like to get rid of the card readers.
Who would you recommend switching to?

NatWest don't use them, you just authenticate through the app now instead. 

adindas

For nationwide, you could use a code is texted to you mobile. No need to install Apps. The beauty here is that you could use use your card reader in addition to code to be texted to your mobile. So say you forget your mobile somewhere you could still access your online banking using card reader and debit card.

I personally do not mind with code by text, but I prefer not to install apps on my phone as to me it is very inefficient compared to accessing your online banking using dual wide screen monitors and powerful desktops. You could easily copy and paste any info from your other sources.

Barkin

I just knew I should've bought a PC, mouse, keyboard & two wide-screen monitors on hols with me... 

Rob5342

tiger135 said:

So I am glad I asked this question, I like nationwide but I'd like to get rid of the card readers.
Who would you recommend switching to?

If you simply want a bank that doesn't require a card reader then any bank will do. I always recommend Monzo and Starling as they are nice modern banks with very good apps, alternatively Santander give cashback on direct debits although their app is quite crude.

[Deleted User]

Barkin said:

Likewise Lloyds, I think. I've used online banking for many years, and never had a card reader. 

Their business banking uses them (the same card readers as Barclays) and their personal debit cards can actually have the application built into the chip should they wish to launch it for personal customers. 

[Deleted User]

Katiehound said:

[Deleted User] said:

Katiehound said:

You can log onto Nationwide with either a card reader OR a OTP
I personally prefer the card reader.

Barclays & HSBC had card readers- I no longer have those accounts
Bank of Ireland use something similar- not exactly a card reader but a small device.

HSBC don't use card Readers and never have as far as I know. 

Apologies, no HSBC had a very very fiddly secure key- a lot worse than a card reader.
 M&S also had a small fiddly thing and when  I requested something larger   they sent me a machine that had clear buttons but that also spoke!

No need to apologise - they're easily confused.
I use the HSBC app to generate the code and it's actually easier than 2FA texts/phone calls due to biometrics  

35har1old

[Deleted User] said:

Katiehound said:

You can log onto Nationwide with either a card reader OR a OTP
I personally prefer the card reader.

Barclays & HSBC had card readers- I no longer have those accounts
Bank of Ireland use something similar- not exactly a card reader but a small device.

HSBC don't use card Readers and never have as far as I know. 

They use a security key device as does first direct & M&S

housebuyer143

adindas said:

For nationwide, you could use a code is texted to you mobile. No need to install Apps. The beauty here is that you could use use your card reader in addition to code to be texted to your mobile. So say you forget your mobile somewhere you could still access your online banking using card reader and debit card.

I personally do not mind with code by text, but I prefer not to install apps on my phone as to me it is very inefficient compared to accessing your online banking using dual wide screen monitors and powerful desktops. You could easily copy and paste any info from your other sources.

You know it's not one or the other right? You can still access it online but the app is additional. Not sure why you need a "powerful" desktop to run an internet browser?

dealyboy

I am not too troubled by card readers (have 4) or security key devices (1), I want the simplest means of accessing my account commensurate with security.

All the banks seem to have a complexity of login methods, from FD which require me to get a key from the app before I can login to my laptop online banking, to RBS and NatWest which send an OTP to my smartphone (not the linked number) when I login to online banking. I don't use my smartphone much, leaving it switched off, and it takes about 5 minutes to switch on and get a WIFI connection.

Surprisingly the easiest bank to use for me is Santander, just a couple of codes/ids and I'm in (online banking), considering that a just a few years ago it was the most onerous.

I do agree though with @housebuyer143 that flexibility to be able to use an app, phone call or internet banking, is a must.

Nebulous2

I've a Nationwide account, which is regularly used, but my main account is Santander. I can't remember the last time I needed to set up a new payee with Nationwide, if I don't have them listed I simply send the money to Santander and send it on from there. Santander doesn't need a card reader. When I am doing my 1st of the month shuffle they will send an OTP for some of the payments, but most of them go through without that. 

With 5 or 6 current accounts, all with their own uses, I think Santander is the one I would most want to keep open.