New 'safe' bank account for DMP

Billy_Dandy
Billy_Dandy Posts: 65 Forumite
10 Posts Photogenic First Anniversary Name Dropper
edited 7 August 2024 at 8:09PM in Debt-free wannabe

Good evening to all,

I have cancelled my direct debits to my creditors. Just yesterday.

I still have some 'safe' direct debits in place for insurances and rent etc.

My creditors are:

Lendable Loans
MBNA credit card
Halifax credit card
Virgin Money credit card
Newday credit card
Barclaycard

I currently bank with HSBC

I'm reasonably sure that none of the creditors are connected to HSBC.
I don’t particularly want to change banks but, If I decide to change banks, are there any recommendations? I'm thinking Cooperative as there is a branch near me.

Thank you.

Comments

  • Rob5342
    Rob5342 Posts: 2,379 Forumite
    1,000 Posts Third Anniversary Name Dropper
    None of those are linked to HSBC as far as I know, so there should be no need to change.

    If you use do evet change then I always recommend Monzo and Starling as their apps are so good. When was the last time you used a branch? 
  • @Rob5432
    Thank you. Haven't been to a branch for many a year 😊
  • 100% Starling  (or Monzo I guess) ... just the ability to have the separate boxes for different funds is awesome.
    The App is superb too.
    DEBT FREE - Feb '21& Mortgage Free Nov '24
    Now, let's look at FIRE
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