Debit carded wanted for new (savings) bank account (building society)

GringoGoesToVagas

lr1277 said:

As far as I know, debit cards only come with current accounts. What I got from your initial post was that you wanted debit card not attached to an account. At least that is how it came across to me.

If you can live with a cash card, then the post office has a savings account with a cash card.

However if you want to pay for things with your card, then you will need a current account and its associated debit card.

Should you go down the Post Office route, I don't know if you can transfer money from the Manchester BS to the PO. But then you could keep your savings in the Post Office saver account and use its cash card.

Great idea! you say the post office offer a debit card; then worth a look into

Eco_Miser

lr1277 said:

As far as I know, debit cards only come with current accounts. 

Debit cards also come with electronic money accounts. These do not have FSCS protection, or overdrafts, and do have fees for almost everything. They may or may not have other services usual with current accounts, like standing orders and direct debits.

lr1277

GringoGoesToVagas said:

lr1277 said:

As far as I know, debit cards only come with current accounts. What I got from your initial post was that you wanted debit card not attached to an account. At least that is how it came across to me.

If you can live with a cash card, then the post office has a savings account with a cash card.

However if you want to pay for things with your card, then you will need a current account and its associated debit card.

Should you go down the Post Office route, I don't know if you can transfer money from the Manchester BS to the PO. But then you could keep your savings in the Post Office saver account and use its cash card.

Great idea! you say the post office offer a debit card; then worth a look into

The Post Office offers a cash card. I think you can only withdraw cash with it at ATM's and PO Branches. You cannot use it to pay for stuff.

Or as @Eco_Miser suggested above, you could look into Electronic Money accounts.

wmb194

Wise offers a Visa debit card. It's not currently a bank if that makes the OP happier but, for some peace of mind, it's quite a big, profitable company listed on the LSE. You can add it to ApplePay and GooglePay for free but if you want a card it's £7.00. Unless you convert currency other than that I don't think there are any fees.

https://wise.com/gb/card/

https://www.londonstockexchange.com/stock/WISE/wise-plc/company-page

Emmia

GringoGoesToVagas said:

Emmia said:

If they only allow passbook withdrawals then I think you're out of luck.

dont understand??

Traditionally building societies require the use of the passbook to deposit and withdraw money. Not a card.

A passbook is literally a physical book, normally about the same size as a passport that they write in (or print these days) when a transaction (in or out) is made. Cards of any sort were not a thing for building societies, but some may offer them ( probably cash cards) now

Building societies in the traditional sense (which it sounds like Manchester are) are not banks, they were established in the local community and offer savings and usually mortgages to locals - funding the mortgages with the money of their savers, and paying interest to their savers from the repayments of those who have mortgages. They don't usually offer current accounts.

What you're trying to do (if I read your original post correctly) is to link a card offered by another provider to your building society account to allow it to be used like a bank account - (aside from Curve), normally cards are provided by the place offering the account, so you can't (for example) use a Lloyds debit card to access money you have in an account with HSBC or Barclays.

I'm not sure even Curve would work, since that needs to be linked to an account by linking the card for that account to Curve.

GringoGoesToVagas

lr1277 said:

As far as I know, debit cards only come with current accounts. What I got from your initial post was that you wanted debit card not attached to an account. At least that is how it came across to me.

If you can live with a cash card, then the post office has a savings account with a cash card.

However if you want to pay for things with your card, then you will need a current account and its associated debit card.

Should you go down the Post Office route, I don't know if you can transfer money from the Manchester BS to the PO. But then you could keep your savings in the Post Office saver account and use its cash card.

they are charging £3 per transaction 

If you load your card with pounds sterling (GBP), a load commission fee of 1.5% will apply. The minimum fee is £3 and the maximum is £50. 

Rob5342

What are you trying to achieve here? Why do you want a savings account with somewhere that makes it so difficult to access your money and then want a debit card to make it easier to spend it. What's the problem with opening a savings account with one of the online providers and then just linking thst to your current account that has a debit card? 

[Deleted User]

I believe Barclays and possibly Halifax have savings accounts which have a card?

WillPS

[Deleted User] said:

I believe Barclays and possibly Halifax have savings accounts which have a card?

Most high street banks (+Nationwide) offer savings products with an ATM card - which is not the same as a debit card.

They all have terrible interest rates aswell.

[Deleted User]

WillPS said:

[Deleted User] said:

I believe Barclays and possibly Halifax have savings accounts which have a card?

Most high street banks (+Nationwide) offer savings products with an ATM card - which is not the same as a debit card.

They all have terrible interest rates aswell.

What does the card do if not for payments and withdrawing cash?