Will i have to give up my maestro debit card

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tanya.n

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Post by tanya.n » Sun Nov 18, 2007 9:34 pm
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Will i have to give up my maestro debit card if i enter into an IVA?
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aguise

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Post by aguise » Sun Nov 18, 2007 9:38 pm
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Hi Tanya
Yes if it allows no credit, but if your bank that provisdes the card is one of your creditors you will need a basic account not connected to creditors.

Ang


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

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Post by Adam Davies » Sun Nov 18, 2007 9:40 pm
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Hi
Only if it is from one of your creditors.
If the account is a non creditor and not HSBC/First Direct you will be able to keep it.
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
Andam Davies
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Skipper

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Post by Skipper » Sun Nov 18, 2007 10:26 pm
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You probably have a three functioncard(masetro,cheque guaranteer, cash)
issued to a normal bank account. You will not be given this card in an iva, and have to settle for a SOlO or Visa Electron-not as good and downgrade to basic bank account

Only one UK bank owned by An Australian Bank
offer a basic bank account with a maestrocard

<<My motto:I am proud of black culture and is against racist bigotry>
"Always think outside the box"
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Adam Davies

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Post by Adam Davies » Mon Nov 19, 2007 10:12 am
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HI
You can have a Maestro card with Think Banking,there is a monthly fee of £12.50 and set up fee of £25 but you are 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
Andam Davies
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Skippy

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Post by Skippy » Mon Nov 19, 2007 10:19 am
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I kept my debit card and chequebook when I was in my IVA.

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/
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wen

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Post by wen » Mon Nov 19, 2007 10:33 am
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Skipper wrote:
Only one UK bank owned by An Australian Bank
offer a basic bank account with a maestrocard
Is it a secret to say which one ? [:D]
Please visit my blog http://adam.blogs.iva.co.uk/
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JoeB

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Post by JoeB » Mon Nov 19, 2007 4:28 pm
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I have a maestro card and am in an IVA - I think they key is to arrange the bank account before the IVA goes through otherwise there will be a problem when you are credit scored.
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simon1973

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Post by simon1973 » Mon Nov 19, 2007 6:45 pm
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Mine is a Visa Debit card rather than Maestro, but they didn't query it with me and did a credit check about the same time as IVA going through
24/05/10 IVA completed :)
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