Let me make it clear about faqs

Why perhaps you have changed your title from Card One Banking to Card One cash?

You may have pointed out that we’ve recently changed our title to Card One cash. We believe that it is more in-keeping with all the ongoing solutions we offer and also the products which we are able to provide to you personally. You can easily continue using your current Card One Banking Prepaid Mastercard until it expires. As soon as it expires a brand new card one money Prepaid Mastercard would be given.

Just how long does it try switch your account?

That we provide your account will be fully switched in 7 working days if you use the Current Account Switch Service.

How do you switch my account to Card One cash?

Switching your account to Card One cash hasn’t been simpler utilizing the present Account Change provider. We can switch all your valuable Direct Debits, standing purchases and wages/benefits. So that you can switch your account give us a call on 0871 811 1881 (Calls price 11p per moment, along with your phone organization’s access fee) and then we will switch this throughout the phone.

Does every thing on my account that is old get to my brand brand new account?

No, payments that are recurring also called constant re payment authorities aren’t area of the guarantee. They are arranged with your debit card details, instead of your bank account number and type rule, and generally are usually employed for telecoms bills, gym membership and cash advance repayments. If you change to a Card One cash account, you will need to allow the ongoing organizations worried understand your brand-new card details.

What goes on to any debit card deals that I have expected my bank that is old to?

The present Account change provider must not interfere with this particular procedure and any debit card deals you have actually expected your bank to quit should stay so after your switch.

Am I able to avoid my brand new account details being fond of somebody who delivers one-off repayments to my old account?

Maybe you are in a position to move your instalments to your new bank without redirecting re payments from your own old account, and you ought to talk about this requirement together with your brand brand new bank.

If you should be maybe not really a bank, what exactly are you?

We have been an Authorised Payment Institution (API), running beneath the Payment Services Regulations authorised and managed by the FCA. The main disimilarity between an API and a bank is the fact that we are maybe perhaps not certified to make use of the client’s cash for almost any function such as for instance financing. There are some other differences that are key a Bank as well as an API, such as for instance various “Conduct of Business” and money adequacy guidelines.

Is my cash protected by the FSCS?

Card one money holds hardly any money in your overall account in a safeguarded account with our plumped for banking provider. Hardly any money on your own card is held in an account that is safeguarded by the credit card providers (Fair re Payments restricted) chosen banking provider.

We have a bad credit score; may I nevertheless have a current account?

Yes, you can easily. A card can be got by you one cash account, aside from your credit rating. We do not make any credit checks*, we are able to help you create a start that is fresh.

Am I able to apply online?

Yes, you can easily. Just click here to perform our online application form. When you have any nagging issues, or need some assistance, please telephone 0844 257 2500 (Calls price 7p per moment, along with your phone business’s access cost.) plus one of y our advisors will make suggestions through the procedure.

May I get my salary/wages paid into my account straight?

Yes you are able to. It mightn’t be more straightforward to get the wages paid into the account, merely signal the pre printed wages mandate (enclosed in your welcome pack) and hand over to your boss or payroll department. This may signify your wages, regardless if you are compensated daily, monthly or weekly are compensated straight into your payment Account.

Just how do I withdraw money?

You are able to withdraw cash from many money devices (ATMs) that https://personalbadcreditloans.org/payday-loans-hi/ show the MasterCard recognition Mark making use of your card and PIN. There is certainly a maximum daily money withdrawal limitation of ВЈ450 from money devices (ATMs).

Additionally it is feasible to withdraw money within the countertop at any street that is high, as much as at the most ВЈ2,000 a day. To utilize this solution you need to provide your card along with photo recognition.

You can get money back from some stores who provide this solution.

Exactly how much does the card one money account cost that is current?

For just ВЈ12.50 each month you will get a fully handled account that is current lets you handle finances easily and straight forward. You’ll receive use of our account that is online access and usage of our account management group that are only a telephone call away. You have the added convenience of a card one money Debit MasterCard, it to shop or withdraw money at home or abroad so you can use. You can include a 2nd person to your account whenever you want for one more ВЈ5 per the balance is shared between both cards month. If you can find inadequate funds in your payment Account to pay for a standing purchase that you’ve got arranged, we shall inform you by text 5 business days in advance. If there are inadequate funds to help make the re re re payment 2 trading days that we have not made the payment before it is due to be paid, we will text you again and notify you. The direct debit is due to be paid if there are insufficient funds in your Billing Account to cover a direct debit we will notify you by text on the day. We’re going to keep wanting to pay the direct debit up until 5pm so that you could have until that time for you to deposit cleared funds into your payment take into account the direct debit become prepared. The writing alerts are free (system costs may use) and there’s totally free for failed re payments. There’s no account fee that is opening you merely spend the monthly charge ahead of time.

Please see our Overview Box for charges that apply to your card.

How do I always check my stability? can you deliver paper statements?

You should check your stability twenty-four hours a day, 1 week per week making use of your online account, simply click right right here to sign in. You will see your statement online or print for safe keeping. You can always check your stability by telephoning your account that is personal manager 0871 811 1881 (Calls price 11p per moment, as well as your phone organization’s access fee.), and they’re going to inform you balance and show you any future debits from your bank account. For those who have registered your cell phone quantity with us, you can even look at your stability by delivering a text to 60777 containing the term “BALANCE”. You’ll be charged your standard community price for delivering the writing demand to us, and ВЈ0.15 by us for giving the writing back again to you.

Am I able to use if i am one-man shop?

Yes, you can easily apply whatever your needs. We accept applications through the employed, self employed and unemployed. If you have had CCJs or defaults in the past as we perform no credit checks*, you can still be accepted for a card one money account even. We are going to additionally accept applications where in fact the tall Street banking institutions may down have turned you due to bankruptcy etc.

Would you offer online account administration?

Yes, you’ll be delivered a password individually that will permit you to log on to your very own account administration centre 24 hours per day, seven days a week. Using your web account it’s possible to check always balances and view statements, order a 2nd card, authorise and amend direct debits, put up and amend standing requests, spend your bills via our Faster Payment solution, put up your texting alerts and amend your private details.

Can you pay interest?

No, we have been not able to spend interest on any funds credited to us.

Do you really provide cheque books?

Card one money does not issue cheque books for its clients. We discover that almost all of our clients choose making payments online or by card. Cheques could be deposited nonetheless, utilising the supplied giro guide, in just about any Barclays branch.

Can you provide loans and overdrafts?

Maybe perhaps perhaps Not right now but our company is presently taking care of offering our present account clients borrowing facilities.

Would you provide debits that are direct?

Yes we do. All you have to do is offer your account details to your business you intend to create a direct debit with they are going to care for the remainder. You can easily handle all your valuable direct debits when you log on your online account.