Bank Account Deals

What deals do banks have on?

Look around. What sort of account do you want or need? Do you want a simple account?

A basic bank account

A basic bank account allows you to receive money and pay bills.

It should be the most simple form of bank account available to you. You might later wish to change to a different type of account.

With a basic bank account you can:

• have your wages, benefits, State pension or tax credits paid directly into your account;
• pay in cheques for free (but remember you will have to wait a few days before the money is available for you to spend);
• take money out at cash machines with a cash card (this is usually free, but some cash machines make a charge);
Machines that charge should tell you before allowing you to take money out.

• withdraw money at the Post Office®;

• pay your bills by direct debit – meaning you could pay less for some things – especially gas, electricity or telephone.

Some banks let you have a debit card to pay for your shopping and some let you pay your bills by standing order.

Lots of banks and some building societies offer basic bank accounts –

To see the latest version of the list below click here

For those being made bankrupt Barclays and Co-op are the only two options.