Nine UK banks launch fee-free accounts - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > International eBay & Paypal Discussions > UK eBay & Paypal

UK eBay & Paypal General discussions about eBay.co.uk Suspensions and Paypal.co.uk limited accounts. This forum is geared towards UK eBay & Paypal sellers.

Reply
 
Thread Tools
  #1  
Old 12-27-2015
Executive [VIP]
 
Join Date: Dec 2012
Posts: 350
Thanks: 37
Thanked 148 Times in 101 Posts
Activity: 0%
Longevity: 67%
iTrader: (0)
Default Nine UK banks launch fee-free accounts

Just been reading this on BBC news about banks launching new basic accounts. I have basics with some of these banks already. It says that all these accounts will have a debit card, which the Santander basic account I already have does not. It just comes with a cash card to get money from the ATM.

Banks offering fee-free accounts

Bank/building society Account name

Barclays Barclays Basic Current Account
Santander Basic Current Account
NatWest Foundation Account
Ulster Bank Foundation Account
Royal Bank of Scotland (Scotland) Foundation Account
RBS England and Wales Basic Account
HSBC Basic Bank Account
Nationwide FlexBasic
Co-operative Bank Cashminder
Lloyds/ Halifax/ Bank of Scotland Basic Account
TSB Cash Account
Yorkshire and Clydesdale Banks Readycash Account
source: HM Treasury

BBC Link :

Might help those struggling to find suitable banks and accounts.
Reply With Quote
The Following 15 Users Say Thank You to LOMBOK For This Useful Post:
99p (01-10-2022), Arkham_Joker (12-27-2015), artfulldodger (05-02-2016), Bradd (08-01-2016), Haidukken (12-28-2015), JamesNorth101 (12-27-2015), mao (01-05-2016), mjt530 (02-08-2017), olalavui (05-24-2021), pward33 (03-05-2017), returnofthemac (04-06-2020), rsot (12-27-2015), salford90 (03-28-2016), sax4 (01-05-2016), trendyliving (08-10-2016)
The complete step-by-step guide to get back to selling today!

  #2  
Old 12-27-2015
JamesNorth101's Avatar
Executive [VIP]
 
Join Date: Apr 2013
Posts: 20,340
Thanks: 2,529
Thanked 5,262 Times in 4,050 Posts
Activity: 48%
Longevity: 65%
iTrader: (461)
Default Re: Nine UK banks launch fee-free accounts

Great list!

Only bank there to avoid would be Lloyds. Rest are really solid banks
Reply With Quote
  #3  
Old 12-27-2015
Senior Member
 
Join Date: Jan 2011
Posts: 3,668
Thanks: 313
Thanked 812 Times in 578 Posts
Activity: 0%
Longevity: 77%
iTrader: (97)
Default Re: Nine UK banks launch fee-free accounts

I still wouldn't go near Halifax if I were you
Reply With Quote
The Following 2 Users Say Thank You to Callidus For This Useful Post:
FANBASE2 (06-19-2019), moibrahim (04-22-2019)
  #4  
Old 12-27-2015
Senior Member
 
Join Date: Dec 2014
Posts: 888
Thanks: 244
Thanked 246 Times in 193 Posts
Activity: 0%
Longevity: 56%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

Quote:
Originally Posted by Callidus View Post
I still wouldn't go near Halifax if I were you
Always makes me 'LOL' when you and steviebills say this. Think you should look at your methods rather than have a bitch at Halifax as I think you will find they were the source of your troubles. Although I understand why an account seller would rather blame a bank than admit to their own faults and mistakes.
Reply With Quote
The Following User Says Thank You to realdeals For This Useful Post:
99p (01-07-2022)
  #5  
Old 12-27-2015
Senior Member
 
Join Date: Nov 2014
Posts: 472
Thanks: 130
Thanked 54 Times in 41 Posts
Activity: 0%
Longevity: 56%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

Quote:
Originally Posted by realdeals View Post
Always makes me 'LOL' when you and steviebills say this. Think you should look at your methods rather than have a bitch at Halifax as I think you will find they were the source of your troubles. Although I understand why an account seller would rather blame a bank than admit to their own faults and mistakes.
I remember this argument sometimes ago and cause of it, I had to ask around before adding Halifax. Truth to what @steviebills and @callidus said though, I got pulled by Halifax after my second or third withdrawal, it was a big withdrawal from PP and it was instantly cancelled and returned to PayPal. I called halifax and they said we should not withdraw money like this into the savings account that it will be fine with the current account. I changed the account to halifax current and withdrew the fund again, same day and everything was fine. Its been more than 3 months now with no issue with the mis matched halifax current account.

Till today, I still have this thought ringing in my head, every time I want to withdraw
Reply With Quote
The Following 3 Users Say Thank You to taerese For This Useful Post:
GreenBean (01-05-2016), sax4 (01-05-2016), stevebills (04-05-2016)
  #6  
Old 12-28-2015
Senior Member
 
Join Date: Dec 2014
Posts: 888
Thanks: 244
Thanked 246 Times in 193 Posts
Activity: 0%
Longevity: 56%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

This is why I said you should look at your methods rather than blame halifax. You shouldn't be making 'big' withdrawals and certainly not in just the second or third time of use. Of course it all depends on what you call big, but I much prefer 'little' and often.
Reply With Quote
  #7  
Old 12-28-2015
Executive [VIP]
Threadstarter  
 
Join Date: Dec 2012
Posts: 350
Thanks: 37
Thanked 148 Times in 101 Posts
Activity: 0%
Longevity: 67%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

I have just been having a look at the Santander basic account they have on their website now. It says that it comes with a top-up visa debit card and a cash card. You would need to top-up the card from your basic account to use it. Could be useful for use on AMA?
You can use the cash card to just get money out from the ATM.

I am having some doubts about Halifax savers. I have been going through all my EB/PP accounts both good and bad to see if there is any link between them staying open or closed and can see that the Halifax savers have not been very successful. It may be coincidence as I need further investigation into it to see if there has been anything else that could have triggered the suspension/limitation of these accounts.
Reply With Quote
The Following User Says Thank You to LOMBOK For This Useful Post:
chilliworm (09-04-2016)
  #8  
Old 12-28-2015
Executive [VIP]
Threadstarter  
 
Join Date: Dec 2012
Posts: 350
Thanks: 37
Thanked 148 Times in 101 Posts
Activity: 0%
Longevity: 67%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

I have just applied online for the Santander basic account and it has been accepted. I have to wait a week for the two letters with the temporary password and temporary security number before I can use the online banking. All I have at the moment is the ID ready to log in. No account number either.

When I use Natwest, everything is supplied straightaway apart from the debit card and PIN.
Reply With Quote
  #9  
Old 12-28-2015
Junior Member
 
Join Date: Nov 2013
Posts: 72
Thanks: 76
Thanked 8 Times in 8 Posts
Activity: 2%
Longevity: 61%
iTrader: (1)
Default Re: Nine UK banks launch fee-free accounts

Problems with Halifax? I had a problem with one account once but i think that was paypal more than halifax they just rejected it. I can't remember specifically what it was, maybe because it was a fixed online saver. But I have an instant saver with halifax and it has served me brilliant *** touch wood***
Reply With Quote
  #10  
Old 12-28-2015
Senior Member
 
Join Date: Jan 2011
Posts: 3,668
Thanks: 313
Thanked 812 Times in 578 Posts
Activity: 0%
Longevity: 77%
iTrader: (97)
Default Re: Nine UK banks launch fee-free accounts

Realdeals - the whole account seller admitting something is their fault and to look at my methods bullsh1t you seem to keep coming out with is very boring.

My methods are more than fine, thanks. If only you knew half of them you may be more successful. Merry Christmas.
Reply With Quote
  #11  
Old 12-28-2015
Senior Member
 
Join Date: Dec 2014
Posts: 888
Thanks: 244
Thanked 246 Times in 193 Posts
Activity: 0%
Longevity: 56%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

Quote:
Originally Posted by Callidus View Post
Realdeals - the whole account seller admitting something is their fault and to look at my methods bullsh1t you seem to keep coming out with is very boring.

My methods are more than fine, thanks. If only you knew half of them you may be more successful. Merry Christmas.
Obviously not.

Automatically presuming you know more than me is also amusing, when no evidence to back it up. Still, keep going.
Reply With Quote
  #12  
Old 12-28-2015
Haidukken's Avatar
Executive [VIP]
 
Join Date: Jan 2015
Posts: 1,229
Thanks: 270
Thanked 460 Times in 264 Posts
Activity: 0%
Longevity: 55%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

Reply With Quote
The Following 4 Users Say Thank You to Haidukken For This Useful Post:
Biff2020 (09-02-2021), dealagreeproceed (01-05-2016), GreenBean (01-05-2016), Underhand (12-28-2015)
  #13  
Old 12-28-2015
vela1987's Avatar
Subscribed [VIP]
 
Join Date: Jul 2013
Posts: 215
Thanks: 17
Thanked 26 Times in 20 Posts
Activity: 0%
Longevity: 63%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

Does any of the bank support for NON UK people ?
Reply With Quote
  #14  
Old 12-30-2015
Executive [VIP]
Threadstarter  
 
Join Date: Dec 2012
Posts: 350
Thanks: 37
Thanked 148 Times in 101 Posts
Activity: 0%
Longevity: 67%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

On the applications I have made online it does ask for your Nationality and your country of residence. You will need to either go into a branch or send them some docs if you don't already have an account with them though.

My wife is Chinese and she has had no problem opening accounts with Barclays, Natwest, Santander, TSB, Nationwide, Halifax, HSBC and Lloyds. You do have to visit the branch with your passport and proof of address.

So, as long as you are a UK resident, you should be ok.
Reply With Quote
The Following User Says Thank You to LOMBOK For This Useful Post:
sax4 (01-05-2016)
  #15  
Old 01-03-2016
Junior Member
 
Join Date: Feb 2014
Posts: 41
Thanks: 0
Thanked 6 Times in 6 Posts
Activity: 0%
Longevity: 60%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

Very useful info, thanks.
Reply With Quote
The Following User Says Thank You to Ebayisbad For This Useful Post:
LOMBOK (01-04-2016)
  #16  
Old 01-04-2016
Executive [VIP]
Threadstarter  
 
Join Date: Dec 2012
Posts: 350
Thanks: 37
Thanked 148 Times in 101 Posts
Activity: 0%
Longevity: 67%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

I have had a look at the Natwest site and it says that the basic account will only be offered IF you do not qualify for any of their other accounts. Maybe they are tightening things up. I have not tried to open another yet as I need to wait a couple of more months.

The new Santander Basic account I applied for online and was accepted for comes with a cash card AND a top up debit card. When checking the online banking the top up card has a different account number to the basic account. It only says that money can be transferred to it from your Santander account.

Has anybody tried to top up from different account? I have not tried as I have not had the card yet, only the cash card. When it arrives, I will try a small payment to it from a different bank.
Reply With Quote
  #17  
Old 01-05-2016
Junior Member
 
Join Date: Feb 2014
Posts: 41
Thanks: 0
Thanked 6 Times in 6 Posts
Activity: 0%
Longevity: 60%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

I've just opened one right now online and they gave me sort code and account number straight after registration
Reply With Quote
  #18  
Old 01-05-2016
Executive [VIP]
Threadstarter  
 
Join Date: Dec 2012
Posts: 350
Thanks: 37
Thanked 148 Times in 101 Posts
Activity: 0%
Longevity: 67%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

RE the Santander Basic Account.

I have everything now. The top-up debit card arrived.

Just to recap. The basic account has a sort code and account number and comes with a cash card to use at the ATM. It also has a top-up debit card. This top-up card has a sort code and a DIFFERENT account number. The Santander website says you transfer money to it from your account and you can also transfer money back. My thought was that if it has a different account number can I make a payment into it from a different account. So I tried making a small payment from Natwest directly into the top-up card account number. It worked perfectly and shows immediately on the online banking.

I have not added this to a paypal yet, but see no reason why it will not work.

So by opening ONE basic bank account, you get TWO account numbers that will both accept payments!

Next step is to try it with PP. I will try later tonight and report back.
Reply With Quote
The Following User Says Thank You to LOMBOK For This Useful Post:
sax4 (01-05-2016)
  #19  
Old 01-05-2016
Senior Member
 
Join Date: Sep 2014
Posts: 2,299
Thanks: 989
Thanked 348 Times in 308 Posts
Activity: 0%
Longevity: 57%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

I have Santander current account and it works perfectly with mismatched names etc., also online transfer from other banks with no hassles transfers instantly.
Reply With Quote
  #20  
Old 01-05-2016
Executive [VIP]
Threadstarter  
 
Join Date: Dec 2012
Posts: 350
Thanks: 37
Thanked 148 Times in 101 Posts
Activity: 0%
Longevity: 67%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

I had a Santander on a stealth account when I first started out and had no problems with mismatching names.

The thing with this new basic account they are doing is it gives you an account number for the basic account, but when I went to the online banking I saw that the top-up debit card that comes with it has a different account number. This is why I have made a bank payment direct to the top-up card from a different bank to see if it would accept it. It worked instantly. So this account MIGHT be able to be utilised for use with two different PP accounts. If this the case, then it's good news.

I shall try it with a new PP tonight when I get home.
Reply With Quote
The Following User Says Thank You to LOMBOK For This Useful Post:
Underhand (01-05-2016)
  #21  
Old 01-05-2016
sax4's Avatar
Executive [VIP]
 
Join Date: Mar 2010
Posts: 4,524
Thanks: 1,813
Thanked 1,042 Times in 776 Posts
Activity: 15%
Longevity: 82%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

Finally, UK banking system coming kicking and screaming into the 21st century. I remember years ago when the bank wouldn't give me a Visa card because of my credit rating, yet I opened an account overseas and had no such problems.
Reply With Quote
  #22  
Old 01-05-2016
mao mao is offline
Senior Member
 
Join Date: Jan 2014
Posts: 438
Thanks: 24
Thanked 80 Times in 61 Posts
Activity: 0%
Longevity: 60%
iTrader: (0)
Default Re: Nine UK banks launch fee-free accounts

Reply With Quote
The Following User Says Thank You to mao For This Useful Post:
snakofour (12-11-2019)
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
ASDA Mobile free sim card 10 minutes free and 10 texts free on EE free arktech UK eBay & Paypal 21 07-22-2018 04:21 PM
1 week later and I am ready to launch..1 more ques. newstart2 Subscriber Discussions 1 10-12-2011 08:39 AM
Anyone know of free banks to sign up for unholywar23 Subscriber Discussions 11 04-27-2011 07:07 PM


Aspkin Group

All times are GMT -5. The time now is 05:48 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58