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Card One Banking Account

Card One Banking Account Review

Below is our impartial review of the Card One Banking Account to help you make an informed decision.

Overview:
  • Interest rate of 0%
  • No minimum balance
  • Monthly fee of £12.50

Perfect for:
  • People with an adverse credit history who spend more time in the red

Benefits:
  • Online banking
  • No credit checks, pre-paid mastercard
  • No bounced payment or overdraft fees

Catches:
  • No overdraft facility
  • Credit interest rate of 0%
  • Monthly charge of £12.50


Not what you're looking for? Go back to our current account best buy table and take a look at the other accounts on offer...

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Comments

Card One is ok but the time it takes for cheques to clear is appalling, though I suspect that this is somewhat due to the double handling required as they use NatWest as a deposit service. Watch out for the charges for all but the very basics too, to get more paying in slips costs £3 for 12 for example. Finally not all debit card or PIN machines will take the card provided a real pain becuase there is no way of knowing which machines will refuse to accept it. Good Luck! - Jun 17 2010 2:58PM
Mark, Milton Keynes