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TomCrowther

  • Posts: 1965
barclays bank price hike
« on: February 06, 2014, 02:46:21 pm »
Got a nice letter from Barclays today. They are doubling the monthly charge, so I will be paying around eighty quid a month for putting cash and cheques into an account?
It has forced me to change bank accounts and I might go Ltd at the same time.
Anyone recommend a good business account?

Perfect Windows

  • Posts: 4334
Re: barclays bank price hike
« Reply #1 on: February 06, 2014, 03:35:26 pm »
Join the FSB (£170 first year, IIRC, includes dozens of benefits) and get a free Co-op bank account.

You need a branch near you, though.  Alternatively if the nearest branch is miles away, prepare to deal with the horror that is Co-op's arrangement with the Post Office that no-one at the Post Office seems able to deal with.

Vin

russ_clark

  • Posts: 923
Re: barclays bank price hike
« Reply #2 on: February 06, 2014, 03:35:47 pm »
santander business account it is completely free
pay in at any post office


PurefectWindowCleaning

  • Posts: 2303
Re: barclays bank price hike
« Reply #3 on: February 06, 2014, 03:59:51 pm »
santander business account it is completely free
pay in at any post office




This is what we do

Dawn03

  • Posts: 32
Re: barclays bank price hike
« Reply #4 on: February 06, 2014, 04:19:59 pm »
Santander. Can pay into machine in branch. Won't take over the counter but its not too much hassle to put through machine.
Dawn
Shine Cleaning Solutions

PurefectWindowCleaning

  • Posts: 2303
Re: barclays bank price hike
« Reply #5 on: February 06, 2014, 04:22:25 pm »
Santander. Can pay into machine in branch. Won't take over the counter but its not too much hassle to put through machine.


Or just walk into the post office and hand cash over for free

Frankybadboy

  • Posts: 9026
Re: barclays bank price hike
« Reply #6 on: February 06, 2014, 05:16:35 pm »
santander business account it is completely free
pay in at any post office


you show me there free accounts please  ;)

elite mike

Re: barclays bank price hike
« Reply #7 on: February 06, 2014, 05:27:24 pm »
santander business account it is completely free
pay in at any post office


you show me there free accounts please  ;)

we have been with them for years and its always been free , but i had a letter saying they were

putting me on corporate premium banking now for a limited time free of charge and then the fees start to kick in  ::)roll it also said that if i was not happy with the arrangement that they would put me back on the free account   :)

we will see , and i will let you know how it goes

PAUL ERITH

Re: barclays bank price hike
« Reply #8 on: February 06, 2014, 05:28:20 pm »
Got a nice letter from Barclays today. They are doubling the monthly charge, so I will be paying around eighty quid a month for putting cash and cheques into an account?
It has forced me to change bank accounts and I might go Ltd at the same time.
Anyone recommend a good business account?

What tariff are you on mixed payments or e payments.

Im on e payments and get most of my customers to pay by bacs

I have though about changing banks but as you can't take the account number with you it would be a total pain to get hundreds of bacs paying customers to change.


Paul

HampshireWindowCleaning

  • Posts: 601
Re: barclays bank price hike
« Reply #9 on: February 06, 2014, 05:32:09 pm »
I enquired in Santander recently, was told the business accounts start at £7.50 a month.

CF Facilities

  • Posts: 288
Re: barclays bank price hike
« Reply #10 on: February 06, 2014, 05:36:09 pm »
santander business account it is completely free
pay in at any post office


I don't think you get free banking for a new customer.
Coop ok for me. No charges if £1000 in current account. There is not a branch near me so I pay cheques in by post. Takes one extra day to clear and they provide postage paid envelope. I pay cash in at nominated post office and they charge me eighty pence each time.

Carl2009

  • Posts: 806
Re: barclays bank price hike
« Reply #11 on: February 06, 2014, 05:50:23 pm »
santander business account it is completely free
pay in at any post office



+1

DB Cleaning Services

  • Posts: 557
Re: barclays bank price hike
« Reply #12 on: February 06, 2014, 05:50:57 pm »
£7.50 a month Santander  ;)

dave0123

  • Posts: 3553
Re: barclays bank price hike
« Reply #13 on: February 06, 2014, 06:08:47 pm »
Quote
Or just walk into the post office and hand cash over for free

Can you pay cash in now to your business account through your debit card or do you still need a cash deposit book etc?





Quote
£7.50 a month Santander

Thats for new customers by the looks of it.. i was originally with alliance & Leicester so i only get charged £5 a month or if i put more than 1k in a month its free.. its still on there Alliance & Leicester terms i think.. and Abbey.. now Santander is also on Abbey terms still i think.
Dave.

Dick

  • Posts: 304
Re: barclays bank price hike
« Reply #14 on: February 06, 2014, 06:50:08 pm »
Free banking with Santander is only free if it was originally an Alliance & Leicester account which can be used via Post Office.

ben M

  • Posts: 4720
Re: barclays bank price hike
« Reply #15 on: February 06, 2014, 07:27:29 pm »
santander business account it is completely free
pay in at any post office


not anymore free!

Frankybadboy

  • Posts: 9026
Re: barclays bank price hike
« Reply #16 on: February 07, 2014, 08:28:53 pm »
santander business account it is completely free
pay in at any post office


not anymore free!
that's right it not free to new customers,old customers like me still get free banking ;D

rosskesava

  • Posts: 17015
Re: barclays bank price hike
« Reply #17 on: February 07, 2014, 08:39:23 pm »

I don't think you get free banking for a new customer.
Coop ok for me. No charges if £1000 in current account. There is not a branch near me so I pay cheques in by post. Takes one extra day to clear and they provide postage paid envelope. I pay cash in at nominated post office and they charge me eighty pence each time.

+1

In 4 years I've never had any problems what so ever regardless of how many cheques I pay in.
Just chant..... Hare Krsna, Hare Krsna, Krsna Krsna, Hare Hare, Hare Rama, Hare Rama, Rama Rama, Hare Hare. It's beats chanting Tory Tory or Labour Labour.

Paul Coleman

Re: barclays bank price hike
« Reply #18 on: February 08, 2014, 07:24:40 am »
Free banking with Santander is only free if it was originally an Alliance & Leicester account which can be used via Post Office.

It's also still free if you have a Santander account that goes back a certain time.
They tried to force the £7.50 charge on everyone a while back.  They failed.  The key to it was that the original deal offered was "free business banking forever" (within certain parameters).  The argument was that the word "forever" superceded any changes in T & Cs.  e.g.  if they had offered "free banking", it is just about accepted that they might withdraw that at a future date.  By adding "forever", that was an inducement that got them a lot of customers.

Jonny 87

  • Posts: 3514
Re: barclays bank price hike
« Reply #19 on: February 08, 2014, 08:15:28 am »
Free banking with Santander is only free if it was originally an Alliance & Leicester account which can be used via Post Office.

It's also still free if you have a Santander account that goes back a certain time.
They tried to force the £7.50 charge on everyone a while back.  They failed.  The key to it was that the original deal offered was "free business banking forever" (within certain parameters).  The argument was that the word "forever" superceded any changes in T & Cs.  e.g.  if they had offered "free banking", it is just about accepted that they might withdraw that at a future date.  By adding "forever", that was an inducement that got them a lot of customers.

Am I right in saying the Santander is a business account? So you can have your business name etc? A lot of people send me cheques to my business name so I need that.

I'm currently with rbs business, as im in the 2 year free period, but in a few months I'll we start being charged £30 a month.

So you can deposit cash in, pay cheques in, and customers can pay bacs in, all for just £7.50 a month?

Wow.

Think I might be switching if that's the case.
Vision Technician / Visual Engineer /  Vision Enhancement Operative /...........................................................OnlyUseMeWFP AkA Jonny the Windy Wesher