Think Banking Account ?????????

[Sapphire]

Re: Think Banking Account ?????????

I have a Nationwide Flex Account and use it for just that purpose, and you can have an e-savings account that links to it, and put anything left over into it.
Its very handy just one click and its all sorted.

But you have to be very disciplined to do it, and at first I found it very hard, but am getting there now.

[TANZARELLI]

Re: Think Banking Account ?????????

Maestro is not the best to be fair and isn't accepted in as many places as mastercard or visa.

I don't think I would consider one of these, I think all banks should continue to charge for defaults but at a fair rate. Simple.

If on top of this they want to flog spandangled accounts with extra things like breakdown cover and phone or travel insurance then they can make their profit from these accounts from people who want them.

I had a basic cashcard account with LTSB and they asked me if I wanted to upgrade to a current account. I did and they tried to flog me one of the sparkley accounts which I turned down, telling them no I will just have the standard current account thank you very much.

[enaid]

Re: Think Banking Account ?????????

thee are these as well similar thing
http://www.onebanking.co.uk/

http://www.debtadvisorycentre.co.uk/bankaccounts.asp

[Amethyst]

good one nells.


okay T&Cs from One - http://www.onebanking.co.uk/PDFs/TermsConditions.pdf

This is an account with a billing account and a prepaid card account. They do seem to have charges for transactions that take you into a shortfall situation though. Although they are much lower than standard bank account default charges. It is also RBS (''Yes, your money is held completely securely in NatWest Bank'') and Newcastle Building Society.

4.7 If, for any reason whatsoever, you are able to make a
transaction when there are insufficient funds on your
Prepaid Card Account for that transaction (a ‘shortfall’),
we will seek reimbursement of the shortfall immediately.
If the shortfall results from an error by the retailer where
your Prepaid Card was used, we may seek the shortfall
from the retailer. Otherwise, we may transfer the amount
of the shortfall from your Billing Account or any other
account that you have with us, or may charge it to any other
payment method that you may nominate at that time or
against any funds that you may subsequently pay into your
Prepaid Card Account or into any other account that you
subsequently open with us. Until we receive reimbursement
for the shortfall, we may suspend your onebanking
Account. In addition, we reserve the right to charge you an
administration fee for each transaction that you make using
your Prepaid Card that results in a shortfall or increases the
shortfall amount on your Prepaid Card Account.

8 Fees
8.1 We will charge the following fees to your Billing Account:
onebanking Account opening fee (primary card only) £30.00
onebanking Account opening fee (primary and
secondary cards) £35.00
onebanking Account additional card £5.00
onebanking Account monthly management fee,
charged on the 1st day of each month £12.50
Direct payment of funds into Billing Account via
NatWest Bank or by BACS Free
Balance enquiry and alerts via mobile
phone text message £0.15
Balance enquiry via website Free
Customer service telephone enquiries Lo-call
rate
Standing order insufficient funds text message £1.00
Issuance of cheque to refund any balance on
onebanking Account closure £4.95
Re-activation fee £5.00

8.2 We will charge the following fees to your Prepaid
Card Account:
UK point of sale and ATM transactions Free
Non-UK point of sale transactions Free, but please note
foreign exchange fee
Non-UK ATM transaction £3.00 per transaction, and
please note foreign exchange fee
Foreign exchange fee 2.75% of
the transaction value
Balance enquiry and alerts via mobile phone text message £0.15
Balance enquiry via website Free
Lost/stolen block Free
Customer service telephone enquiries,
including lost/stolen notifications Lo-call
rate
Card re-issue fee (on expiry or when lost/stolen) £3.95 per
card
PIN issue/re-issue Free

also http://www.onebanking.co.uk/info/summaryBox.aspx

not sure of links to DMP companies yet

[Amethyst]

Re: Think Banking Account ?????????

The managed bank account - Debt Advisory Centre

seems the same as think ummm exactly so seeing what the link is. But sames terms and conditions of the account.

[enaid]

Re: Think Banking Account ?????????

did you see this on the Think thread?

The think banking card is issued by Newcastle Building Society pursuant to licence by MasterCard International Incorporated or its affiliates.
Newcastle Building Society is authorised and regulated by the Financial Services Authority and is entered in the Financial Services Authority Register
under Registration No. 156058

Newcastle building society ?

[TANZARELLI]

Re: Think Banking Account ?????????

did you see this on the Think thread?

The think banking card is issued by Newcastle Building Society pursuant to licence by MasterCard International Incorporated or its affiliates.
Newcastle Building Society is authorised and regulated by the Financial Services Authority and is entered in the Financial Services Authority Register
under Registration No. 156058

Newcastle building society ?

http://www.newcastle.co.uk/

[enaid]

Re: Think Banking Account ?????????

Sorry Tanz, but thanks for that. I meant it was the same as the other, Onebanking and Thinkbanking both used cards by Newcastle building society.

[TANZARELLI]

Re: Think Banking Account ?????????