Recommend me a Current Account
Discussion
As per the title, please!
Eighteen years old, with monthly income in the low-hundreds (part-time work). Preferably something which doesn't cost me anything per month to keep open, and interest rates don't matter due to the comparatively small amounts of money that will live inside.
Ta!
Eighteen years old, with monthly income in the low-hundreds (part-time work). Preferably something which doesn't cost me anything per month to keep open, and interest rates don't matter due to the comparatively small amounts of money that will live inside.
Ta!
If I am honest, unless your putting in over a grand a month to start getting the free £5 a month bank accounts (IE they give you £5 a month if you have a salary paid in of more than 1K) then you will not really see any difference in most accounts.
That being said then, you probably will only really want to be looking at the best online functionality and customer service with the interest rates being so negligable and First Direct ussually comes first in the Customer Service polls with Santander coming last. (although there have been substantial problems with A&L customers that got switched to Santander which could account for a lot of it)
I use HSBC which has been alright but very hard to get any help from if the s
t hits the fan, as happened a few years ago for me, where as a friend of mine is with Halifax and they did everything possible to help him out.
That being said then, you probably will only really want to be looking at the best online functionality and customer service with the interest rates being so negligable and First Direct ussually comes first in the Customer Service polls with Santander coming last. (although there have been substantial problems with A&L customers that got switched to Santander which could account for a lot of it)
I use HSBC which has been alright but very hard to get any help from if the s
t hits the fan, as happened a few years ago for me, where as a friend of mine is with Halifax and they did everything possible to help him out.I have the Halifax Reward Current Account. You get 5 quid free each month if you deposit a grand or more. I don't currently put anything like that through the account as I get paid overseas now. I opened an identical second account and transfer between the two until my total deposits are 1000 into each. It takes a few minutes each month, but gets me a free tenner.
The customer service I've experienced has been pretty good too both in branch and now on the phone.
The customer service I've experienced has been pretty good too both in branch and now on the phone.
I'm have a premier direct current account with A&L (now Santander) and can't fault it. The online system is good, and doesnt require some stupid code generator. They also matched my previous HSBC overdraft, and gave me a good rate on the money in the account for the first year or so.
also with nationwide, been with them for years
great advice from their mortgage broker, so am now paying base rate at 5%, suspect will stay on the base rate for a long time as there are no fees associated with the deal. I could have gotten a deal with them for say 5 years, their advice was to not bother
overpaying £125 per month so it is the same as what I was paying, ie around £350
overdraft is great, if I need to use it, I pay the interest only, no fees, letters or other pap, it is set higher than my monthly income
great advice from their mortgage broker, so am now paying base rate at 5%, suspect will stay on the base rate for a long time as there are no fees associated with the deal. I could have gotten a deal with them for say 5 years, their advice was to not bother
overpaying £125 per month so it is the same as what I was paying, ie around £350
overdraft is great, if I need to use it, I pay the interest only, no fees, letters or other pap, it is set higher than my monthly income
Scraggles said:
also with nationwide, been with them for years
great advice from their mortgage broker, so am now paying base rate at 5%, suspect will stay on the base rate for a long time as there are no fees associated with the deal. I could have gotten a deal with them for say 5 years, their advice was to not bother
overpaying £125 per month so it is the same as what I was paying, ie around £350
overdraft is great, if I need to use it, I pay the interest only, no fees, letters or other pap, it is set higher than my monthly income
Nationwide end of discussion. Been with 95% of the rest & they have always been grim. Nationwide has been fantastic.great advice from their mortgage broker, so am now paying base rate at 5%, suspect will stay on the base rate for a long time as there are no fees associated with the deal. I could have gotten a deal with them for say 5 years, their advice was to not bother
overpaying £125 per month so it is the same as what I was paying, ie around £350
overdraft is great, if I need to use it, I pay the interest only, no fees, letters or other pap, it is set higher than my monthly income
www.smile.co.uk
/End topic
I work for them, love the job, the customers love the employees and the company's service is nothing but 10/10. Each call is recorded and 30% are reviewed, so you are never told the ste that other larger companies will come out with.
/End topic
I work for them, love the job, the customers love the employees and the company's service is nothing but 10/10. Each call is recorded and 30% are reviewed, so you are never told the s
te that other larger companies will come out with. Gassing Station | Finance | Top of Page | What's New | My Stuff