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rival
Starting Member
United Kingdom
6 Posts |
 Posted - 08 April 2009 : 15:09:45
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| i went bankrupt last week and have been declined a basic bank account with the co-op cashminder.Could this be because i had a debt with them.Can anyone recommend another account. |
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mick1972a
Junior Member
235 Posts |
Posted - 08 April 2009 : 15:11:42
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| You can try Barclays basic account or think banking, think banking accept anyone you get a debit card but they charge you £12 per month |
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chester2005
Average Member
United Kingdom
786 Posts |
Posted - 08 April 2009 : 16:31:12
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You can also try the Natwest step account i have heard that its not too bad an account and people who are BR have got it.
Dave
Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
Life's too short!!! |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 08 April 2009 : 16:59:36
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There are also one or two prepaid cards which you can use like a bank account and offer standing orders and direct debits. You can have salary paid into it.
Payplan have one which costs £6 a month which is cheaper than think banking
The glimmer gets brighter all the time
Jan
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rival
Starting Member
United Kingdom
6 Posts |
Posted - 08 April 2009 : 17:18:29
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Jan, can you give me deatils of this payplan account...website etc..
thanksquote:
Originally posted by kallis3
There are also one or two prepaid cards which you can use like a bank account and offer standing orders and direct debits. You can have salary paid into it.
Payplan have one which costs £6 a month which is cheaper than think banking
The glimmer gets brighter all the time
Jan
xx
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 08 April 2009 : 19:13:27
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Don't think I am allowed to post the link, but if you google the JB prepaid Maestro card and eccount, you should find it.
The glimmer gets brighter all the time
Jan
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chester2005
Average Member
United Kingdom
786 Posts |
Posted - 08 April 2009 : 19:31:29
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If you want a prepaid card i believe there is only one that offers the purchase protection offered by normal credit cards,its cashplus gold, i have one and its great.
The only downside is the set up fee (£30 if i remember correctly)
Its handy for buying things you have saved for or hiring a car!!
Dave
Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman)
Life's too short!!! |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 08 April 2009 : 19:33:39
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But can you have your salary paid in and pay direct debits from it?
The glimmer gets brighter all the time
Jan
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 08 April 2009 : 20:24:47
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You can also use the Tuxedo card for your salary and direct debits, although I believe there are charges.
The Clearcash card is also going to be relaunched shortly.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
22 IPA payments made, 14 to go - on the home straight! |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 08 April 2009 : 21:45:14
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Looks as though a lot of them can be used like a normal bank account.
I will always use a bank account as long as it is free, but they are good if you can't get one.
The one good thing is that you can't go accidentally overdrawn and incur charges.
The glimmer gets brighter all the time
Jan
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sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 08 April 2009 : 22:53:16
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Hi Jan
Just looked at that account (jb account) and it wont let you open it without your payplan ID. Also it is run by tuxedo eaccoounts
Stu J Byron |
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jacobsmith
Starting Member
United Kingdom
5 Posts |
Posted - 22 July 2009 : 11:58:54
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Hi Rival,
I hope you have found help already but i think there are a number of prepaid card products with basic bank accounts that you could consider
- OneBanking prepaid card
- Extra Direct Prepaid Card
- Think Banking prepaid card
- Red88 Prepaid Card
For me the onebanking product is the best established (there is a review here http://www.prepaid365.com/onebanking-prepaid-card.html) so worth giving a shout but all these will give you a prepaid card (which you can use as a debit card) and a basic bank account - no questions asked.
Typical costs are £12.50 a month but that is what I used to pay Natwest for my advantage gold account anyway so i think it is a good one to help at this point.
Hope this helps
Jacob (Not the one from "LOST"  )
Fighting the good Fight! |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 22 July 2009 : 12:19:26
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You do get some benefits from an Advantage Gold account though! £12.50 is a lot of money for an account that doesn't even offer direct debits.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
24 IPA payments made, 12 to go - on the home straight! |
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Jane.l
Average Member
511 Posts |
Posted - 22 July 2009 : 12:32:57
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I have been really happy with my Barclays basic account for nearly 2 years now and, even better, it now comes with a debit card, which I received on Saturday, so I can now shop online myself without asking my daughter to order stuff for me! I have a couple of direct debits set up on it too.
There is no way I would pay to run a bank account |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 22 July 2009 : 12:41:00
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I agree Jane.
I'm lucky, I've got a Co-op Cashminder (and to be honest I would stick with them even if they start charging) but would only suggest people pay for an account as a last resort, and if they have to pay, make sure it does what you want it to do - direct debits, online banking etc - as not all of them do.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
24 IPA payments made, 12 to go - on the home straight! |
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memphisd56
Junior Member
United Kingdom
112 Posts |
Posted - 22 July 2009 : 14:49:22
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Co-op have kept my cashminder account open, even though i owed them £2500, which was included in my BR!!....strange, but true. I`m just about to apply for a new card, as i sent mine to the O.R.
I`m using Think Banking at the moment, (i will go back to the cashminder soon), and although it`s £12.50 p.m..it`s a managed account, all your available funds go into a `card account`, and are the only funds available to spend. Some say that 2 cashminder accounts would be a free solution though!.
All i`m saying is, that if you can`t get a cashminder account, the Think Banking account is a good one. |
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basic bank account
