The Barclays and other non-Lloyds/TSB Bank thread

Critique
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thegeek wrote:
Tue 12 Feb, 2019 03.00
Critique wrote:
Mon 11 Feb, 2019 20.36
Went into a NatWest branch for the first time today to make a transfer, as I could only pay a certain amount via the app as I hadn't paid the payee before, and because to do a higher amount online you need the card reader, which I didn't have as I was at work. A quite baffling experience ensued!
Next time, ask around in case any of your colleagues have one - they're not tied to an individual user (as I think the HSBC ones are). You can also use any reader of the same type, regardless of whose logo is on it: the same ones are used by the other RBS brands, Nationwide and the Co-op.
Yes this is a good point and not something a lot of people realise! Haven't ordered one from NatWest because I know I've already got a Barclays and a Nationwide one at home that'll work, so probably worth leaving one of them at work now!
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WillPS
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You could also just order (another) one from Natwest.

I agree though, I find their requirement that you have one on hand a bit annoying. Supposedly paying the payee once via online banking with the card reader unlocks that payee so you wont need a card reader... but on more than one occasion I've found that their system has 'forgotten' everyone and needs me to go through the whole card reader hoopla again.
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Pete
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Yes I much prefer the TSB solution of it calling your mobile and reading out a number. I'd go mad if I had to cart around a silly card holder at all times.
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gottago
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This totally passed me by until returning home today. The Liverpool Echo Arena is now called the M&S Bank Arena. Of all the brands to sponsor an arena, that would be the last one I'd have thought of. I wonder if they've got a big push for the brand planned now like they've done with their food.
JAS84
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Looks like Clydesdale and Yorkshire banks forgot that the year had changed - people's wages didn't go into their accounts because of an incorrect date on a computer file. They need to avoid this sort of thing in future if they want their new Virgin Money branding to succeed.
https://www.bbc.co.uk/news/business-50983737
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WillPS
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JAS84 wrote:
Sat 04 Jan, 2020 04.11
Looks like Clydesdale and Yorkshire banks forgot that the year had changed - people's wages didn't go into their accounts because of an incorrect date on a computer file. They need to avoid this sort of thing in future if they want their new Virgin Money branding to succeed.
https://www.bbc.co.uk/news/business-50983737
Top tip - don't make errors if you want your brand to succeed.

What else can you share, kingpin?
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Whataday
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gottago wrote:
Fri 19 Apr, 2019 19.05
This totally passed me by until returning home today. The Liverpool Echo Arena is now called the M&S Bank Arena. Of all the brands to sponsor an arena, that would be the last one I'd have thought of. I wonder if they've got a big push for the brand planned now like they've done with their food.
M&S Bank isn't owned by M&S. HSBC have owned it wholly since 2004 and the brand is used under license. Its head office is only a half hour drive away which might be a factor in the decision.
thegeek
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Tesco have suspended applications for their current account - leading to rumblings that they may be pulling out if the banking market entirely.

https://www.headforpoints.com/2020/01/0 ... t-account/
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Pete
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thegeek wrote:
Thu 09 Jan, 2020 16.19
Tesco have suspended applications for their current account - leading to rumblings that they may be pulling out if the banking market entirely.

https://www.headforpoints.com/2020/01/0 ... t-account/
would that include credit cards?
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thegeek
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Pete wrote:
Thu 09 Jan, 2020 21.42
thegeek wrote:
Thu 09 Jan, 2020 16.19
Tesco have suspended applications for their current account - leading to rumblings that they may be pulling out if the banking market entirely.

https://www.headforpoints.com/2020/01/0 ... t-account/
would that include credit cards?
I don't know - they've offered them for quite a while though, long before they had a bank. (I went down an archive.org rabbit hole a few weeks back to work out how long they've had the current strawberry card design - bloody ages, though the layout has had a few tweaks over the years)
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WillPS
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Pete wrote:
Thu 09 Jan, 2020 21.42
thegeek wrote:
Thu 09 Jan, 2020 16.19
Tesco have suspended applications for their current account - leading to rumblings that they may be pulling out if the banking market entirely.

https://www.headforpoints.com/2020/01/0 ... t-account/
would that include credit cards?
Credit cards are certainly still available to new applicants and they're still plugging them fairly heavily in store (although they were also plugging Current Accounts before Christmas!). Same ancient designs they've been doing for ages, same fairly crap earnings rate. The 'Radial' design credit card is actually based on the Clubcard design from the early 00s (which was replaced quite aggressively in 2008, then again in 2017).

I just hope they don't kill my much nicer looking "Premium" one off yet (closed to new applicants in 2018).

Credit cards are much easier to make money out of than Current Accounts typically so it woudn't surprise me if that business continues, along with the loans, savings and insurance products (which are mostly/all white label services from other companies). Essentially allowing the business to shrink down to being the same size as Sainsbury's Bank.
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