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this seems like a useful resource when deciding who else to open an account with in case of closure of the offending account.

 

http://www.moneyfacts.co.uk/banking/charts/banking_basic_bank_accounts.htm

 

 

I'm sure I read something recommending the natwest "step" as a good basic bank account. ignore that - their penalty charges are horrendous. the co-op cashfinder seems a bit cheaper on the charges front, but still too high...

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"Build a man a fire, and he'll be warm for a day. Set a man on fire, and he'll be warm for the rest of his life." Terry Pratchett

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For anyone considering these, I can wholeheartedly recommend HSBC's Basic Bank Account.

 

There are NO charges for failed DD's / S.O.s etc, a decent online system, phone banking etc etc.

 

When the other banks bother to respond to my requests for info and fact sheets, I am building an up-to-date list of these accounts to publish on this site.

 

Perhaps they're too busy dealing with refunds..... :p

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Opinions given herein are made informally by myself as a lay-person in good faith based on personal experience. For legal advice, you must always consult a registered and insured lawyer.

 

 

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any idea whether you get a debit card with the hsbc account?

"Build a man a fire, and he'll be warm for a day. Set a man on fire, and he'll be warm for the rest of his life." Terry Pratchett

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They may issue a solo at first, depending upon your credit status.

 

They do also suggest that, if the account is operated 'properly' for a period of time, they will consider upgrading you to a Visa Delta, I think.

 

Ours was so bad we didn't even get the solo, but actually going back to basics, paying with cash, did us the world of good. It's often advice given by the likes of Alvin Hall, the money guru, and his like... it helps you remember the value of every pound that leaves your pocket.

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Opinions given herein are made informally by myself as a lay-person in good faith based on personal experience. For legal advice, you must always consult a registered and insured lawyer.

 

 

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Yeah, it's a bit out of date - it's been in the library section of the BAG for a while now.

 

I phoned the 2 in the list that claim not to charge - they do, sadly.

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