Innovative banks

Anna_C._Hewitt

I am looking for an innovative bank to open my accout with. A bank that is different. A bank where I have the freedom to do what I want, anywhere, anytime. What are your suggestions and why do you think these banks are innovative?

skyrider007

You mean a bank with internet and telephone banking? Virtually all high street banks and building societies offer this kind of service.

For best online banking, I'd go for HSBC.

There are also online-only banks:

FirstDirect https://www.firstdirect.co.uk
Cahoot https://www.cahoot.co.uk
Egg https://www.egg.co.uk
Smile https://www.smile.co.uk
The Intelligent Something (i can't remember the name) - you'll need to Google this one

MPH80

Do you mean Intelligent Finance?

They were the first internet only people I switched to ... I switched away 3 months later ... read into that what you will.

https://www.if.com

chica_fi

And which bank are you doing market research for??! :rolleyes:

Mikeyorks

Anna_C._Hewitt wrote: »

A bank where I have the freedom to do what I want, anywhere, anytime.

Not sure what you're looking for ... but it's not a Bank. They have T&Cs you're supposed to adhere to .... but you do have the freedom to read them!

RayWolfe

Sounds like an exam project question to me.

Milarky

RayWolfe wrote: »

Sounds like an exam project question to me.

Sounds more like ad-man's copy (Remember that ad for 'Vector' current account: http://uk.youtube.com/watch?v=-FNftTb6EOA )

Toomuchdebt

RayWolfe wrote: »

Sounds like an exam project question to me.

I thought that too

Voyager2002

Anna, you need an account with the Bank of England. An account with them says a great deal about you, since only a few select people are allowed to bank with them. Such elite individuals are issued with a cheque book, and are free to write cheques anywhere in the world, at any time of the day or night. In fact, the bank's conditions even allow you to write a cheque while you are in orbit, although I don't know if anyone has ever done so.

And the Bank of England is truly innovative. They have just announced that they will include a free haircut with all subscriptions to their latest bond issue. Surely this is the ultimate innovation from a bank.

Hemel_2

Have a look @ BOS Private Banking... it'll give you something innovative - but can you qualify?

http://www.bankofscotlandprivateclients.co.uk/privatebanking/privatebankinghome.asp

ShelfStacker_3

Milarky wrote: »

Sounds more like ad-man's copy (Remember that ad for 'Vector' current account: http://uk.youtube.com/watch?v=-FNftTb6EOA )

Funny how all of what was described is virtually universal these days... except for fee free overdrafts, which HSBC (nee Midland) has now mostly dropped (see: infinite "arrangement fee OMGZ" threads). Funny that