thinkbanking

[crg]

Hi,
I`m struggling to open a bank account, I`ve been looking at think banking and they seem good to me, Has any one had any trouble with them or are they a safe bet.

thanks
crg

[crg]

sorry, also do they have a standing order facility?

thanks
crg

[tinytori]

Hiya
Iam, with think banking and find them good, they do have a standing orfer facility, u have to pay £12 a month but i really like the 2 bank accounts. i only wish they had internet banking.

[pippa]

Hi Crg

Have you tried the CO OP basic cashminder account or the Nationwide basic bank account? I have had no problem opening with these even though I am now BR. You will need to apply in your local branch and not on line or over the telephone. I had already opened my coop account when I started the IVA route, and they have said in BR I can still keep it. Both banks were very pleasant to deal with and I had no problems when I explained my situation.

They both offer full D/D and S/O facilities, online banking and you get a card to use at the cash point. Neither bank charges for the use of the accounts.

Hope this helps

Good luck

Pippa

[Skippy]

Like Pippa I've got Nationwide and Co-op accounts and I haven't had a problem with either of them. I was with Think Banking but I closed the account as I decided that it wasn't for me - I haven't got many direct debits and I felt as though I wasn't getting anything for my £12.50! Also I couldn't manage without internet banking, or the fact that you cannot get a balance from a cashpoint.

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

[Adam Davies]

Crg
I have been with Think Banking for nearly four years and even though I am no longer in an IVA I still bank with them.Yes you have standing order and DD facilities and most importantly a Maestro debit card that is accepted everywhere.
There is a £12.50 per month fee but that is all you will pay as there are no charges for unpaid items.There is also a £25 set up fee.
It,s well worth it and you have guaranteed acceptance.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp

[aguise]

Hi Craig I am with thinkbanking and am totally happy with the ac, in fact best ac we I ever had, and like Andy I will stay with them post iva too.

Ang

Please visit my blog at http://aguise.blogs.iva.co.uk/

[MelanieGiles]

Andy

Have you not thought about the merits of going back to mainstream banking yet?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[Adam Davies]

Hi Melanie
Good question,but No,I like the thought that my mortgage/bill money is set to one side each month and I do not have to think about paying things.I pay as much as posible on DD.I could get a mainstream account as I recently obtained an A+L business account,but what advantage would there be ?[apart from the £12.50 saving]
The truth Melanie is that going through the IVA was like going through a wrangler and it,s made me a very disciplined guy.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp

[MelanieGiles]

Andy

You are the proof of the pudding, and you are right. If £12.50 is helping you to be disciplined with your finances, then that has to be a good thing. But someone is making an awful lot of money out of this - I wonder how the £12.50 fee would fair under the unfair bank charges ruling?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[Adam Davies]

Hi
I think their argument is that it,s a "managed" account.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp

[Skippy]

That's ok if there is something to manage, but I don't see how they can justify charging me £12.50 for the 1 DD I had at the time. I wish I hadn't panicked now and opened an account with them as I wasted the £25 set up fee! I think that is too high as well - I ended up having to chase them a couple of times - has their customer service improved yet? The waiting times were terrible!

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

[james.c]

I have two bank account one with Abbey and the other with Leeds building society, neither of them charge me and I have standing orders and direct debits from them both. Abbey have evn said they will give me a debit card, once i have been in the IVA 12 months if my account is run well, and I for what it is, but I do get paid interest

[Skippy]

I've got a Nationwide account and a Co-op account and I've got a Visa Electron card with the Co-op one - I almost felt like a grown up again!

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

[pippa]

Skippy, do you get an electron or just a cash point card with Nationwide. I didnt think to ask......doh!!

Pippa