Bank Account Alternative

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Spanna1310

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Post by Spanna1310 » Tue Feb 26, 2013 1:02 pm
Hi I just wanted to share this with you - I got an email this morning from cash plus - offering a mastercard with no card fee, no monthly fee just an annual fee of £4.95!! You can have your wages paid into it and set up direct debits and standing orders and it has 24 hours to online access to your account. Thought it might help people who are struggling getting a bank account?? xx
 
 

SamuelMond

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Post by SamuelMond » Tue Feb 26, 2013 1:12 pm
Hi Spanna - are you sure you have the correct fee info? - best to double check in the terms and conditions. As for the product and functionality, cannot fault it!
Managing Director of ClearCash Limited, a general purpose and reloadable prepaid MasterCard facility. Campaigner for the unbanked sector believing that no one should be financially excluded. "Intelligent Money Management"

www.clearcash.co.uk

Check out our BRAND NEW video animation on Youtube: http://www.youtube.com/watch?v=1R7pCHdWgFo
 
 

Shining

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Post by Shining » Tue Feb 26, 2013 1:13 pm
is it a monthly fee?
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

SamuelMond

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Post by SamuelMond » Tue Feb 26, 2013 1:17 pm
sounds like their premier offering which of the top of my head carrier an annual fee where you can pay upfront and not worry about other charges until the following year (apart from ATM
Managing Director of ClearCash Limited, a general purpose and reloadable prepaid MasterCard facility. Campaigner for the unbanked sector believing that no one should be financially excluded. "Intelligent Money Management"

www.clearcash.co.uk

Check out our BRAND NEW video animation on Youtube: http://www.youtube.com/watch?v=1R7pCHdWgFo
 
 

Tina Shortland

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Post by Tina Shortland » Tue Feb 26, 2013 2:17 pm
Thanks for this Spanna1310 - is this the prepaid mastercard you are talking about? I would have a look at their website if it is as there are variety of fees payment options and also an overdraft facility that needs to be approved but if in place hold a £20 per year fee plus 50p daily usage rate.

If it is this one, I am sure for the right customers this service is a great alternative but always research carefully to ensure there are no potential pitfalls or risk areas if in an IVA.
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.

If you’re looking for effective debt related information, articles and news, then go now to our on-line advice service at www.debtadvicetv.com

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Spanna1310

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Post by Spanna1310 » Tue Feb 26, 2013 2:22 pm
Yes Tina thats the one - just had an email through this morning with a "special offer" saying no monthly fee, no card fee just annual fee of £4.95 - its not for me as im happy with my bank currently but i thought it might be beneficial to someone struggling to get an account x
 
 

Kelly O

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Post by Kelly O » Tue Feb 26, 2013 2:35 pm
If you have a credit union in your area, these can be worth looking at for current accounts.

Many credit union offer great facilites these days. http://findyourcreditunion.co.uk/home
Regards Kelly Osadare Debt Advice Manager at www.pjgrecovery.com (host to www.melaniegiles.com.)

PJG Recovery have a free online advice channel at www.debtadvicetv.com. If you are ready to ask us for specific advice or help, then get in touch at www.pjgrecovery.com/contact-us.asp . I look forward to speaking to you.
 
 

SamuelMond

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Post by SamuelMond » Tue Feb 26, 2013 2:41 pm
definately worth looking at as Tina says - personally I try to advise steering clear of overdrafts but definately beneficial for consumers to think of this as an alternative.
Managing Director of ClearCash Limited, a general purpose and reloadable prepaid MasterCard facility. Campaigner for the unbanked sector believing that no one should be financially excluded. "Intelligent Money Management"

www.clearcash.co.uk

Check out our BRAND NEW video animation on Youtube: http://www.youtube.com/watch?v=1R7pCHdWgFo
 
 

Shining

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Post by Shining » Tue Feb 26, 2013 2:47 pm
It's always good to have a variety of options available when looking for a bank account so all these suggestions will undoubtedly help a poster.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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