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    Help with the bank?

    When i turned 18 i went into my lloyds bank and told them that i wanted a VISA debit card (my account at the time only had a Visa Electron) the lady at the time told me there was no way for them to give me a card without me signing up to a select account (£7 a month or so) so thats what i did. Today my sister told me that they could have given me one without signing me up to the £7 a month, and that theyve broken the law by making me sign up to £7 a month.

    Does anyone know if there is any truth in it?

    26 Comments

    You could always phone their customer servies & see what they have to say ......

    If its a 08 tel No. try] here first for freephone or cheaper rate call
    Just put their name in the search box & click

    Lloyds TSB do a classic current account that has no monthly fee and a visa debit card,so I would say that the assistant was incorrect in what they told you(or they saw you coming,no offence intended,and earn more commission on signing you up to the select account!)

    Go to the branch and have a word with the manager.

    ]http//ww…asp

    I agree with the above unless you do not qualify for the card due to no regular wage coming in, some banks won't upgrade for this reason.

    dmissy13;1797954

    I agree with the above unless you do not qualify for the card due to no … I agree with the above unless you do not qualify for the card due to no regular wage coming in, some banks won't upgrade for this reason.

    That may be the case,but in this case they seem happy to upgrade for a price!:whistling:

    Im with Lloyds, and used to have a debit card without signing up for the £7 select account.

    I was also sneakily signed on, but to be fair, I'm very happy with the benefits the select account gives you so kept it anyway. I use it for two main things, AA Breakdown cover, and mobile phone insurance. There are others, but these 2 I think, are pretty good.

    So you may want to consider the select account anyway?

    HTH

    That may be the case,but in this case they seem happy to upgrade for a … That may be the case,but in this case they seem happy to upgrade for a price!


    yep thats how they work sometimes they will only give you the card if you use one of the accounts you have to pay for it's how they make their money.

    Original Poster

    Well ive had the account for 2 years and not used any of the benefits, untill this week when i signed up to the mobile phone insurance (it was this which got me talking to my sister about my account) so im thinking i will give them a ring, thanks guys!

    You've been paying £7 a month without knowing?

    Banks cannot force you to go for an account that has a fee.
    Unfortunately, all banks now have sales targets and they saw you coming.
    Write a letter asking for all fees back and that you were mis-informed.
    Vote with your feet to somewhere like Nationwide who will be happy to give you a debit card.

    dmissy13;1797975

    yep thats how they work sometimes they will only give you the card if you … yep thats how they work sometimes they will only give you the card if you use one of the accounts you have to pay for it's how they make their money.


    Coz they would be struggling to make ends meet otherwise!

    Robbing %$%@@*%%......this sort of thing makes my blood boil!:x

    Robbing %$%@@*%%......this sort of thing makes my blood boil!
    I agree
    When i got married they made the mistake of cancelling the joint bank account instead of just changing my name, they gave me an account while they sorted it with a visa electron 2 years later i still have that account and we still don't have the joint account as to change your name all i needed was to prove my maiden name and show the marriage certificate but because the account was closed they needed to open a new account but i don't have the ID in my married name i dont drive so no driving lisence and my passport is still legal in my maiden name not paying £70 just for that so even though their mistake i'm stuck and also can't apply at other banks either. It's a joke

    Original Poster

    Deal4Me;1797983

    You've been paying £7 a month without knowing?



    I knew i was paying, i was just advised that without paying i would be stuck with a electron card

    Titchimp;1798084

    I knew i was paying, i was just advised that without paying i would be … I knew i was paying, i was just advised that without paying i would be stuck with a electron card


    Ill advised. Claim your money back and move accounts.
    Do you really need the debit card though?

    Original Poster

    Usha Rocks;1798111

    Ill advised. Claim your money back and move accounts.Do you really need … Ill advised. Claim your money back and move accounts.Do you really need the debit card though?



    Well its what i use to buy pretty much everything with, before i had problems with the electron card online. I will be sticking in a claim and will update this thread with how i get on :thumbsup:

    Titchimp;1798122

    Well its what i use to buy pretty much everything with, before i had … Well its what i use to buy pretty much everything with, before i had problems with the electron card online. I will be sticking in a claim and will update this thread with how i get on :thumbsup:


    stick in a claim and move banks....
    There is no reason why you cannot demand an account with no overdraft so you dn't get into trouble.
    Are you working as well? There is no reason for them to refuse you unless you have bad credit.
    You are unfortunately part of the greed culture cos staff get paid bonuses on hitting sales targets.

    Ah thats wrong then. I was 'tricked' into signing up too. But it was good for them, and just as good for me and turned out rather happy with it.

    If you drive, and have a mobile, I'd recommend it

    Lloyds TSB have been very good to me. Eg. I was overdrawn by about £20, instead of charging me, they sent me a letter saying they'd give me a £50 interest free overdraft instead. I guess it depends on the operation of your local branch?

    Original Poster

    Usha Rocks;1798133

    stick in a claim and move banks....There is no reason why you cannot … stick in a claim and move banks....There is no reason why you cannot demand an account with no overdraft so you dn't get into trouble.Are you working as well? There is no reason for them to refuse you unless you have bad credit.You are unfortunately part of the greed culture cos staff get paid bonuses on hitting sales targets.



    I'm a student now, but i got signed up to the new account before then when i did have a regular wage coming in. To top it off they tried getting me to sign up to 'Gold' at £15 a month or something the last time i was in there! :w00t:

    Deal4Me;1798136

    Ah thats wrong then. I was 'tricked' into signing up too. But it was good … Ah thats wrong then. I was 'tricked' into signing up too. But it was good for them, and just as good for me and turned out rather happy with it.If you drive, and have a mobile, I'd recommend it :)Lloyds TSB have been very good to me. Eg. I was overdrawn by about £20, instead of charging me, they sent me a letter saying they'd give me a £50 interest free overdraft instead. I guess it depends on the operation of your local branch?


    this is to encourage you to go into debt. Then they will try and sell loans/overdrafts etc to make them money.
    By setting up an overdraft facility, you have contributed to their targets.
    If this is not a student account, you may realise they are diddling you by paying 0.1% interest as opposed to Alliance & Leicester and Nationwide.

    Titchimp;1798147

    I'm a student now, but i got signed up to the new account before then … I'm a student now, but i got signed up to the new account before then when i did have a regular wage coming in. To top it off they tried getting me to sign up to 'Gold' at £15 a month or something the last time i was in there! :w00t:


    There are plenty of stiudent accounts offering VISA debit or similar.
    You should definitely be on free banking for a student. You are on a poor account.
    Don't fall for their patter, you will just be increasing their bonusses.

    They haven't broken the law, hey are very clever! s you were only just 18 you may not have had enough credit score to have a card, if you sign up with the pay account you are guaranteed a credit card even if you wouldnt normally be eligible.
    What you need to do now is find out if you can keep the card if you cancel the paying bank account, you can usually downgrade to a normal current account and keep the same account numbers. If the card is part of the account just apply for any credit card first and then ditch the paying bank account. As long as you haven't failed to keep up payments etc you should now be eligible for any card with another provider.

    Usha Rocks;1798149

    this is to encourage you to go into debt. Then they will try and sell … this is to encourage you to go into debt. Then they will try and sell loans/overdrafts etc to make them money.By setting up an overdraft facility, you have contributed to their targets.If this is not a student account, you may realise they are diddling you by paying 0.1% interest as opposed to Alliance & Leicester and Nationwide.



    Oh, I've never been in debt, they just covered me for that one time. I thought it was good of them to give me a £50 overdraft just to cover me. They could have given £500, which then I would see as encouragement.

    Its not a student account, just a Visa Debit.

    Titchimp;1798147

    I'm a student now, but i got signed up to the new account before then … I'm a student now, but i got signed up to the new account before then when i did have a regular wage coming in. To top it off they tried getting me to sign up to 'Gold' at £15 a month or something the last time i was in there! :w00t:



    Oh, I've had this too, Gold, and then theres Platinum! Just say no, the select is good enough for me

    They'll always send you spam snail mail to get a loan and credit cards etc, but just bin them.:thumbsup:

    wendyak;1798157

    They haven't broken the law, hey are very clever! s you were only just 18 … They haven't broken the law, hey are very clever! s you were only just 18 you may not have had enough credit score to have a card, if you sign up with the pay account you are guaranteed a credit card even if you wouldnt normally be eligible.What you need to do now is find out if you can keep the card if you cancel the paying bank account, you can usually downgrade to a normal current account and keep the same account numbers. If the card is part of the account just apply for any credit card first and then ditch the paying bank account. As long as you haven't failed to keep up payments etc you should now be eligible for any card with another provider.


    They haven't broken the law but the OP is entitled to repayment of fees for mis-sold account.

    Deal4Me;1798164

    Oh, I've never been in debt, they just covered me for that one time. I … Oh, I've never been in debt, they just covered me for that one time. I thought it was good of them to give me a £50 overdraft just to cover me. They could have given £500, which then I would see as encouragement.Its not a student account, just a Visa Debit.


    Still diddling you on the interest.
    Nationwide would offer you a better deal and interest of about 4% and fee free overdraft.

    Deal4Me;1798168

    Oh, I've had this too, Gold, and then theres Platinum! Just say no, the … Oh, I've had this too, Gold, and then theres Platinum! Just say no, the select is good enough for me :)They'll always send you spam snail mail to get a loan and credit cards etc, but just bin them.:thumbsup:


    Very wise words. Don't listen to anything without checking it out first. They rely on your ignorance.

    Don't let the banks take your money
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