Metro bank

RobM99

All the advantages I signed up for have gone (cash only account).

GONE! Saturday opening.
GONE! Replacement card 'there and then' in branch.
GONE! Change deposit counting machine thingy

Any reason I should stay with them at all?  I'm struggling to find any.

RobM99

Oh - and Post Office won't deposit into Metro.

CliveOfIndia

There's nothing to stop you switching banks whenever you want, and these days it's easier than it's ever been.

RobM99 said:

GONE! Saturday opening.
GONE! Replacement card 'there and then' in branch.
GONE! Change deposit counting machine thingy

The only thing to consider is whether the bank you switch to has a branch locally, if that's something that's important to you.  Thankfully there are still quite a lot of banks who have a physical presence in the high street, but closures seem to be a regular occurrence.

But overall, there's no reason to stick with a particular bank if someone else will give you the services you need/want.

Rob5342

Switching banks is a trivial task. If the one you are with no longer meets your needs then either move somewhere else or open additional accounts to use in conjunction with your old one. Most banks let you pay in cash via the post office, and some, like Monzo Halifax/Lloyds let you.pay in via paypoint too so there is little or no need for a branch any more. 

RobM99

Rob5342 said:

Switching banks is a trivial task. If the one you are with no longer meets your needs then either move somewhere else or open additional accounts to use in conjunction with your old one. Most banks let you pay in cash via the post office, and some, like Monzo Halifax/Lloyds let you.pay in via paypoint too so there is little or no need for a branch any more. 

Can I still do that if it's a basic cash-only account?

CliveOfIndia

RobM99 said:

Rob5342 said:

Switching banks is a trivial task. If the one you are with no longer meets your needs then either move somewhere else or open additional accounts to use in conjunction with your old one. Most banks let you pay in cash via the post office, and some, like Monzo Halifax/Lloyds let you.pay in via paypoint too so there is little or no need for a branch any more. 

Can I still do that if it's a basic cash-only account?

With the majority of banks, yes.  What do you mean by cash-only?  Do you mean you pay in physical cash, and withdraw physical cash?  Most of the "older, established" banks still do this - either in branch, or via their own ATMs.  You can usually withdraw cash from most ATMs, though for paying in you usually need to use their own ATM, or in person at branch.  But yes, it's still possible.

EarthBoy

I think the OP is referring to Metro Bank's basic account, which is called a cash account.

If you switch to a different bank, they might give you a standard account, rather than a basic account. 

You can check which banks can be used at the post office, here: 

https://www.postoffice.co.uk/everydaybanking

RobM99

Lloyds do one as well, (cash only - no overdraft, no credit card) - I think all banks do them but keep it quiet -  as they can't make any money on them. 

EarthBoy

Lloyds do indeed do a basic account, but you can't apply for it.  Like most banks, you have to apply for a standard account and if you don't meet the criteria they will offer you a basic account instead. 

"Open a Lloyds current account today

You cannot apply for a Basic Account directly

You will need to start the application process for a current account with us, and we will try to obtain information about your credit history. This will allow us to show you if the Basic Account is an option for you."

https://www.lloydsbank.com/current-accounts/all-accounts/basic-account.html

RobM99

They must have changed their criteria then, because I applied in-branch and got one.   Hmmmm....

Barkin

RobM99 said:

Lloyds do one as well, (cash only - no overdraft, no credit card) 

Did you mean debit card? A credit card isn't linked to a current account.