very basic bank account

Lisakx

is there such a bank account these days that wont let you withdraw money if you have none in or do they all have discretionary or chosen overdrafts? thanks.

zincoxide

My Natwest step account wouldn't let me go overdrawn, it simply stopped any payments. I got an electron card with it and nothing else, no cheque book or credit card.

The maximum I went over was by £10 then it just stopped everything.

zincoxide

Click here for details

Sorry it wasn't an electron card, it was a solo/maestro card!

Lisakx

thanks!! I prefer the idea of solo to electron hardly anywhere accepts electron or at least they didn't use to. Will have a read

geordie_joe

zincoxide wrote: »

My Natwest step account wouldn't let me go overdrawn, it simply stopped any payments.

The maximum I went over was by £10 then it just stopped everything.

Bit of a contradiction there, but what I want to know is did they charge you for going overdrawn by £10?

zincoxide

Yeah - I realised my mistake after I typed it!! The only reason I went overdrawn by £10 was due to a charge they levied and I claimed back thanks to the guys on here and the consumer action group!!

Only problem with the step account is they try to sell you every other account first!!

Lisakx

well HSBC seem to have a similar basic account too so will look into that also. thanks!

gt94sss2

This leaflet contains some information about 'basic bank accounts' - including a list of providers.

Regards
Sunil

Lisakx

I'm think I'm going to go with the natwest step account, the HSBC one has no unpaid DD charges but you don't get a debit card. I shouldn't have any unpaid bills anyways now so should be cool. thanks for help!

hullight

Electron cards are accepted most places now, including online. I can usually just say it's a normal Visa card online and it works fine.

Heynow123

you dont want over draft fees