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Best bank for those on benefits.

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  • As others have said, it may be a good idea to open a new bank account and see what it's like before committing to a full switch. I switched my main bank account from NatWest to Nationwide to make use of a switch offer at the time. Though I wish I had stayed with NatWest since I found their app easier to use and the branch in my local area was much better equipped to handle my queries. So regardless of which bank you want to move to, be sure to fully check it out before moving everything there.
  • Rob5342
    Rob5342 Posts: 2,426 Forumite
    1,000 Posts Third Anniversary Name Dropper
    There's no big decision really. You can open a.new account to try to see what you think of the app etc, then switch everything to it or open another to.try.if you don't like it.
  • Royal Bank of Scotland, Ulster Bank and NatWest are offering £200 right now to switch. 
  • elkiedee
    elkiedee Posts: 109 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 18 February 2024 at 11:59PM
    I don't think it's worth applying for an account which charges a fee/a packaged account on a limited income. More important to look for the kind of services which matter most for your circumstances.
  • WillPS
    WillPS Posts: 5,171 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    edited 19 February 2024 at 10:02AM
    steven141 said:
    Royal Bank of Scotland, Ulster Bank and NatWest are offering £200 right now to switch. 
    If they accept you for an account other than a Foundation one.
  • EarthBoy
    EarthBoy Posts: 3,213 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    WillPS said:
    steven141 said:
    Royal Bank of Scotland, Ulster Bank and NatWest are offering £200 right now to switch. 
    If they accept you for an account other than a Foundation one.
    The Foundation account is eligible for the switching bonus this time round.
  • WillPS
    WillPS Posts: 5,171 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    So it is! Unusual for a basic account to be eligible (potentially x3).
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