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Can anyone recomend a good current account - I have had it with hbos

(9 Posts)
mummytopebs Tue 03-Nov-09 09:46:51

Hi seem as both me and my husband will be getting charged £1 a day fo every day we are in our overdraft i am going to change banks.

Can anyone recomend a good current account?

Also does anyone know if i move our accounts away from halifax will it effect our mortgage as this is with the halifax

moodlum Tue 03-Nov-09 09:49:26

First Direct are <said in a craig revel horword styley> a m a z i n g.

DH converted to them a year ago and grudgingly I have to admit they are great so am changing to them too.


OneLonelySock Tue 03-Nov-09 12:01:49

Is that £1 a day for an unplanned overdraft? 'cos thats the cheapest charge I've ever seen!!
Or is that £1 a day for a planned o/d in which case I hope your balance is over £1500 o/d else that is a high charge.

LilyloovesGuyFawkes Tue 03-Nov-09 12:04:32

it's a £1 a day for planned

there was a big article on this in the paper at the weekend saying they will loose a lot of customers throught this.

However the decision on banks charges is dues this week from court and if they are found to be overcharging i think a lot will got this way tbh

throckenholt Tue 03-Nov-09 12:05:30

the coop is a good bank - their online banking is simple too.

wannaBe Tue 03-Nov-09 12:08:52

I am with first direct and they are excellent. And their call centres are in the UK which is IMO a definite bonus.

I think that if the bank charges outcome is against the banks then paying for banking will be the future.

mummytopebs Tue 03-Nov-09 20:13:46

Onelonelysock unfortunatly it is for planned overdrafts and applies even if you just go 1p over drawn!! Apparently it is because they have got rid of their £60 charge if you go over your overdraft, however i have never been over my overdraft so am being penalised!

Is first direct an internet bank?

cktwo Tue 03-Nov-09 20:17:24

I too have had it with HBOS and have just opened an account with the Co-op. Am going to write very snotty letter to HBOS telling them why I am switching after 15 years of custom.

I only use my overdraft for a few day each month and I usually pay interest of arounf £2-£3. With this new rule they are going to charge me £7-£10 a month. Balls to that. I'm orff!

eastendmummy Tue 03-Nov-09 20:21:17

I have to say First Direct too - they are brilliant, someone answers the phone the second you call, 365 days and everything is so easy. They even phone you if you have a payment scheduled that will send you over your overdraft limit.

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