For some people it is the only option if they can't get a normal account.
I would never go for a paid for account unless it was the only way I was able to get full banking facilites - and that does apply to some people.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I will stick with the free ones while I can but will also shop around once they do start charging.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Even if they do start charging I'll probably stick with Nationwide - I don't like the idea of managed accounts, and no other bank will give me a full account for a few years!
On the information given on opening my bank account with Secure Trust it mentions that they are part of the Barclays Group...all monies paid in over the counter should be paid at Barclays.
I dont have a problem with £12 a month fees to be fair...and free banking will be a thing of the future. I have piece of mind that with this type of account...a top up Mastercard, no overdraft facility and no charge if a Direct Debit isnt paid, for whatever reason...I can
stay in the black, it's so easy. There are no hidden charges either and although I havent been charged as yet for a Cash Point withdrawal, this can apply to many other banks too. Skippy what's wrong with a managed account when it is you who are managing it?
I prefer to stay with my Nationwide account as well. I am able to manage that one by myself at no cost. I will probably stick with it even if they bring in charges.
At the moment, as long as I get free banking then I can't justify £12 a month to be honest.
I thought Secure Trust were an independent bank.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I wont pay for banking until I have to,although I did pay for my Lloyds account for 5 years,at £7-50 per month,thats £450 I wasted on having a fancy account!!!
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
I did that with HSBC Paul, even though I didn't want half of the stuff they offered!
As long as I can access free banking then I will.
Some people do have problems with a normal account and so a managed one is the right thing for them.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Hi All
Sorry, not been on for awhile!
Just to clarify some issues about Secure Trust Banking, it is completely independent. The only affiliation with Barclays is that you can pay in to your account through Barclays but that is essentially where the connection ends.
I thought that was the case Declan, thanks for clarifying that.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
