www.iva.co.uk

Are debit cards on bank accounts permitted during the 5 year period?

Hi Nigel and welcome.

If you are lucky enough to have an account with a debit card, then yes, they are allowed. You're not allowed an overdraft though.

The use of a debit card is merely a convenience for you to draw your own money out of the account, so as Kallis states they are fine so long as you do not enter an unauthorised overdraft.

Debit cards are permitted during the course of an IVA as stated above in previous posts.
Some banks won't allow debit cards to people that have an IVA, so shop around for the best banks.
Uswitch.com have been recommending The Co-operative Bank and Alliance & Leicester of late, both of which you can apply for on line.
Debit cards are so much more convenient than carrying cash around all of the time.

I believe with the Co-op you can only get a Cashminder account with an Electron card if you are in an IVA, and you can't apply for that online.

i have yet to notice any difference between Visa electron & Visa, maybe it is less flexible abroad?

Boiler broke down last week! good timing! have not felt my toes for 5 days[:(]

I'm with Alliance and Leicester and have a debit card.

You're right Jan, you can only apply for the Co-op Cashminder in a branch or on the phone.

My Co-Op Smile account came with a Visa Debit card and cheque - although not used the cheque book since I had it !
Halifax Easycash is electron as is the Abbey Instant Plus account - not had any issues with Visa Electron!

Or review other pre-paid debit cards (this might entail a fee) but might be more universally accepted especiall any with a billing facility.

The majority of prepaid cards come with a monthly fee - some as high as £9.99 - plus you usually have to pay a fee to withdraw cash.

Some have a lower fee but you have to pay to load them and per transaction.

I'd stick with a bank accont, which at present, is still free!