You need to find out if you want to get a new bank account, there are some things:
Kinds of banking account
Right right Here we let you know about the primary kinds of banking account, and exactly what they can be used by you for.
You should use a present account to allow you to handle your money day-to-day. This can include:
- Having to pay your bills
- Getting cash – such as for instance your wage or advantages
- Maintaining tabs on where your cash goes.
Some present records can additionally get you interest in the cash you’ve got when you look at the account, even though this is going to be significantly less than many cost cost savings records.
With an account that is current you’re getting a cheque guide that can be used to simply just just take cash away. You may additionally get yourself a debit card that can be used in stores and money devices. The lender may allow you to have an overdraft and access with other forms of credit. You’ll be permitted to put up direct debits and standing requests.
Some banking institutions allow you to cash an account that is current cheque or make use of your money card during the postoffice, totally free. Pose a question to your post that is local office this can be done clear of your account.
Postoffice card records
You ought to just make an application for a Post Office card account if you can’t get a bank or building society account.
You are able to only make use of Post Office card account to obtain re re payments of:
- Benefits – nevertheless the Department for Perform and Pensions (DWP) might refuse to spend Universal Credit in to a postoffice card account
- State Pension
- Taxation credits
You can’t spend every other earnings as a postoffice card account. You can’t get Housing Benefit paid right into a postoffice card account. 继续阅读“You will find several types of bank account which you can use for various reasons.”