Having a bank account can save you money! We want to help you to get one so that everyday tasks become simpler like paying rent or bills by direct debit or having a safe place to put the money you receive.
We work with the Royal Bank of Scotland (RBS) to help you do this. All you need is proof of your identity (a copy of your tenancy agreement and benefits letter). Just pop into your local branch and let them know you’re a Great Places resident.
If you’re interested in an alternative to a high street bank account, Manchester Credit Union have a current account which you can apply for even if you have had money problems in the past. All Great Places residents can join the credit union, call 0161 231 5222. See the link on the right.
Nine high street banks are now offering fee-free accounts
Have you ever been hit with bank charges? Have you been refused a bank account in the past?
Nine high street banks are now offering an account to people that have struggled with banking in the past. These new accounts allow you to have money paid in, withdraw cash, pay bills by Direct Debit and buy stuff on-line, all without the fear of being charged.
If you already have a bank account, but would like to move to a fee free account you can contact your bank and ask to switch accounts. If your bank is not offering a fee free account it might be worth your while to switch to a new bank.
The banks offering these new accounts are:
- Barclays – Barclays Basic Current Account
- The Co-operative Bank – Cashminder
- HSBC – Basic Bank Account
- Lloyds Banking Group (Bank of Scotland, Halifax and Lloyds) – Basic Account
- National Australia Bank Group (including Clydesdale Bank and Yorkshire Bank) – Readycash Account
- Nationwide – FlexBasic
- RBS Group (NatWest, Royal Bank of Scotland and Ulster Bank) – Foundation Account and Basic Account (England and Wales)
- Santander – Basic Current Account
- TSB – Cash Account