Bank practices or branch practices that have ceased....

TheBanker

ChirpyChicken said:

TheBanker said:

ChirpyChicken said:

And the days of credit card invitations through the post ! From the likes of barclaycard 
Limits were proportionally much bigger back then with the likes of gold cards
They were seen as the "in" thing
Gold Barclaycard. Gold next card
!

Do you remember the credit card cheques you used to be sent unsolicited? They were charged to your credit card bill as a cash advance I think, so were an expensive way to pay.

Yes barclaycard used to send them.. for what ever reason I had the gold barclaycard and because of that they gave me a gold Mastercard and sent credit card cheques at the same time.
Madness

Yes, I had a Barclaycard Visa (not gold though) and they randomly gave me a Mastercard too. When I asked why I needed both, they said if I went abroad I would find some countries only recognised one or the other. Of course in those days if you went abroad, you took plenty of foreign cash and some travellers cheques. Not like today where you just take a couple of cards, being careful to use the one with no fees/best rates.

eskbanker

dinosaur66 said:

i read on a thread the other day you now have to be 18 to open a bank account

Hopefully someone refuted that as nonsense then!

https://www.moneysavingexpert.com/banking/cards-for-under-18s/#childrenbankaccounts

NameWithheld

Having to keep a minimum of £50 in my current account (half a week's gross salary at the time) to get "free" banking.

Nasqueron

dinosaur66 said:

i read on a thread the other day you now have to be 18 to open a bank account

i remember being surrounded by staff in a barclays branch in stratford town center when i was 16 because i changed

from whatever signature i joined with to the one i currently use now / do not remember what i had to do or say to get out of the situation.

18 for credit not banking - technically you can get it younger but there is no point in trying as banks won't do it as the credit debt isn't enforceable (keeping the terms simple!)

You can have a bank account in your name as linked above under 18

UKX69

TheBanker said:

ChirpyChicken said:

And the days of credit card invitations through the post ! From the likes of barclaycard 
Limits were proportionally much bigger back then with the likes of gold cards
They were seen as the "in" thing
Gold Barclaycard. Gold next card
!

Do you remember the credit card cheques you used to be sent unsolicited? They were charged to your credit card bill as a cash advance I think, so were an expensive way to pay.

I think those cheques prompted some astute people to ‘stooze’ by writing a cash amount to themselves and banking the cash into a high interest account, paying off the debt with the capital and keeping the interest. Had to be a 0% card though.

oldagetraveller1

DasTechniker said:

Freebies from your bank, cheque book covers, card wallets and NatWest gave out statement files for a while.

Like these. I have a Lloyds statement ring binder from when I first opened an account.

UKX69

oldagetraveller1 said:

DasTechniker said:

Freebies from your bank, cheque book covers, card wallets and NatWest gave out statement files for a while.

Like these. I have a Lloyds statement ring binder from when I first opened an account.

Full of admiration - I have nothing left! 😳

flaneurs_lobster

DasTechniker said

Full of admiration - I have nothing left! 😳

Not surprising, unless you wrapped them in tissue and stored them in the back of a drawer, any kind of daily use meant those things disintegrated inside 6 months.

Rob5342

I remember getting a coin sorting moneybox from LLoyds when I was a child. You put your coins in a slot and they rolled down and into a section for esch coin. There was a a gauge printed on the front so you could see the total value in each section. 

oldagetraveller1

"any kind of daily use meant those things disintegrated inside 6 months." (or less!)

They are just stuffed away in a cupboard. Correct re disintegration. The "Midland" one was used and the inside plastic card holders started to split.

The TSB one is split on the fold, as can be seen.