Banking

Banking

Are you struggling to find a new Bank Account?

Here are a few suggestions!

Each will give you a ‘BASIC’ account – essentially the use of a cash card, standing orders and/or direct debits, and a place to receive your wages – but none of them will allow overdrafts.

Alliance & Leicester
Bank of Ireland
Barclays
Clydesdale
Co-operative Bank
First Trust Bank
Halifax
HSBC
Lloyds TSB
Nationwide
Natwest
Northern Bank
Santander
The Royal Bank of Scotland
Ulster Bank
Yorkshire Bank

List of banks

Alliance & Leicester (Now part of Santander) Basic Bank Account
Minimum age to open an account: 16
Free Buffer zone: No
Direct Debits and standing orders: Direct Debits only
Charge for unpaid Direct Debit or standing order: £25
Debit card (Solo, Electron, Maestro or Visa debit):
Bank branch counter access: No
Post Office branch access: Yes (withdrawals over £250 only)
Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud


Bank of Ireland Basic Cash Account (only available in Northern Ireland)
Minimum age to open an account: 16
Free Buffer zone: No
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: £42
Debit card (Solo, Electron, Maestro or Visa debit): No
Bank branch counter access: Yes
Post Office branch access: Yes
Free access to bank cash machines (ATMs) in the UK: No, own ATM’s only
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud


Barclays Cash Card Account
Minimum age to open an account: 18
Free Buffer zone: No
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: £8
Debit card (Solo, Electron, Maestro or Visa debit): Visa debit
Bank branch counter access: Yes
Post Office branch access: Withdrawals only
Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Record of fraud


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Clydesdale Readycash
Minimum age to open an account: 16
Free Buffer zone: No
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: £35
Debit card (Solo, Electron, Maestro or Visa debit): Maestro
Bank branch counter access: Yes
Post Office branch access: Yes
Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud


Co-operative Bank Cashminder
Minimum age to open an account: 16
Free Buffer zone: No
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: £19.50
Debit card (Solo, Electron, Maestro or Visa debit): Visa debit
Bank branch counter access: Yes
Post Office branch access: Yes
Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Record of fraud


First Trust Bank Basic Bank Account
Minimum age to open an account: 16
Free Buffer zone: £10
Direct Debits and standing orders: Direct Debits only
Charge for unpaid Direct Debit or standing order: £35
Debit card (Solo, Electron, Maestro or Visa debit): No
Bank branch counter access: No
Post Office branch access: Yes (except deposits)
Free access to bank cash machines (ATMs) in the UK: No, own ATMs only
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud, record of bad debts


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Halifax Easycash
Minimum age to open an account: 16
Free Buffer zone: No
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: £15 (max 3 per day)
Debit card (Solo, Electron, Maestro or Visa debit): Electron
Bank branch counter access: Yes (withdrawals over £300 only)
Post Office branch access: Yes (except deposits)
Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud


HSBC Basic Bank Account
Minimum age to open an account: 18
Free Buffer zone: £10
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: No
Debit card (Solo, Electron, Maestro or Visa debit): No
Bank branch counter access: Yes (except withdrawals)
Post Office branch access: Withdrawals only
Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud


Lloyds TSB Cash Account
Minimum age to open an account: 18
Free Buffer zone: £10
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: £20 (max 3 per day)
Debit card (Solo, Electron, Maestro or Visa debit): Visa debit
Bank branch counter access: Yes
Post Office branch access: Yes
Free access to bank cash machines (ATMs) in the UK: No, own ATMs only
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud.


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Nationwide Flex Cash Card
Minimum age to open an account: 16
Free Buffer zone: No
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: £30
Debit card (Solo, Electron, Maestro or Visa debit): No
Bank branch counter access: Yes (withdrawals over £30)
Post Office branch access: Yes (except deposits)
Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud


Natwest Step Account
Minimum age to open an account: 16 Free Buffer zone: No Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: £38
Debit card (Solo, Electron, Maestro or Visa debit): Solo
Bank branch counter access: Yes Post Office branch access: Yes Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud


Northern Bank Northern Personal Access
Minimum age to open an account: 14
Free Buffer zone: No
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: No
Debit card (Solo, Electron, Maestro or Visa debit): Maestro
Bank branch counter access: Yes
Post Office branch access: Withdrawals only
Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud, record of bad debts


Santander Basic Bank Account
Minimum age to open an account: 16
Free Buffer zone: No
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: £5–£35 (check with bank)
Debit card (Solo, Electron, Maestro or Visa debit): No
Bank branch counter access: Yes (except withdrawals)
Post Office branch access: Yes (except deposits)
Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud


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The Royal Bank of Scotland Key Account
Minimum age to open an account: 16
Free Buffer zone: No
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: £38
Debit card (Solo, Electron, Maestro or Visa debit): Solo
Bank branch counter access: Yes
Post Office branch access: Yes
Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud


Ulster Bank Step Account
Minimum age to open an account: 16
Free Buffer zone: No
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: £10
Debit card (Solo, Electron, Maestro or Visa debit): Visa debit
Bank branch counter access: Yes
Post Office branch access: Yes
Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud


Yorkshire Bank Readycash
Minimum age to open an account: 16
Free Buffer zone: No
Direct Debits and standing orders: Yes
Charge for unpaid Direct Debit or standing order: £35
Debit card (Solo, Electron, Maestro or Visa debit): Maestro
Bank branch counter access: Yes
Post Office branch access: Yes (except deposits)
Free access to bank cash machines (ATMs) in the UK: Yes
If any of the following apply to you, your application may be declined:
Undischarged bankrupt, record of fraud

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Most banks require 2 forms of I.D. generally one from each of the 2 sections below;

To confirm who you are

  • Passport (Current valid signed passport)
  • EU National Identity Card (Photographic)
  • UK Photocard Full / Provisional Driving Licence (Photocard part)
  • Current Full old-style UK Driving Licence (non Photocard type driving licence)
  • Firearms Certificate
  • Inland Revenue Card issued to self-employed people in Construction Sector
  • Electoral ID Card(NI only)
  • Trankslink Senior SmartPass (NI only)
  • Student ID/Registration Card (student account only)
  • UK Photocard Full / Provisional Driving Licence (Photocard part) (when not used for A)
  • Current Full old-style UK Driving Licence (when not used for Box A)

To confirm where you live

  • Utility Bill/Certificate (dated within the last 3 months) (excluding Mobile Phone Bill)
  • Bank/Banking Society / Mortgage / Credit Union / Credit Card/ Post office account Statement dated within last 3 months
  • Local Authority correspondence valid for the current year (rates/council tax dated within the last 12 months)
  • Current Council/ Housing Association Rental Agreement
  • Solicitors letter confirming recent house purchase or land registry confirmation (in such cases the previous address will be verified) dated within the last 3 months
  • Original vehicle registration document
  • Correspondence from DWP/ Benefits Agency (dated within the last 6 months)
  • Current House / Motor Insurance Certificate dated within the last 12 months

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*The information contained herein is correct as of July 2010
National Money suggests you return to this page periodically, to read and view the most up to date banking requirements.