HSBC Cards

Louise · World Chat Champion Joined: 22 May 2006 Karma :

I applied for a new bank account with HSBC.
Just a basic one to start with.
I just receieved my card but, it states 'No need to sign the back'
Nor dose it show any chip for chip and pin.
Is it hiden? It dosnt state.
Just mentions 'You can you at any of our 8000 cash points or any ATM point. But umm how with no chip Confused

Someone enlighten me.

angryjonny · World Chat Champion Joined: 01 Sep 2006 Karma :

Sounds like it's a cash card - not a debit card.

If there's a magnetic strip on it then using your PIN you can withdraw cash from a hole in the wall. But if it's not a debit card there is no need for a chip or a signature - no-one will ever need to check your signature.

Barry_M2 · World Chat Champion Joined: 09 Sep 2004 Karma :

Does it say Switch or Maestro on it anywhere?

Like Jonny says, sounds like its just a cash card.
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Nath · World Chat Champion Joined: 28 Jul 2004 Karma :

Most banks would at least give you a shitty electron or solo card though Thinking

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Trixie · World Chat Champion Joined: 27 Jul 2005 Karma :

I just got a similar card through for my savings account, which isn't a current account.

Sounds like your account with them is not a "normal" type current account, which is why you've got this card through. If you have a current account, then you'll have a space for signature and a chip for PIN at least.
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Handsome · World Chat Champion Joined: 30 Dec 2005 Karma :

I've got the same on my savings account.....You can only take money out with it, you can't pay for anything with it.....

My others are a Meastro and a Visa.....
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carvell · Scuttler Joined: 05 Sep 2003 Karma :

It's a cash card.

You've opened a cash account, not a current account.

Open a current account and you'll get a chip and pin card. ATM's have never, and will never, need chips on the cards that are put in them.
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Louise · World Chat Champion Joined: 22 May 2006 Karma :

Yea its just a cash card.
I opened a 'Basic' Account. HSBC have been funny giving me a current account.
I already have 2 C/accounts but I wanted to start with a new bank and transfer everything over.
i thought I would of got a chip n pin but i (as normal) miss understood.
It dose say I can do DD, but im guessing this has to be set up on an online account.

carvell · Scuttler Joined: 05 Sep 2003 Karma :

Direct debit has nothing to do with the internet, or anything online.

It's just a way for companies (utilities or anything you subscribe to) of taking money out of your account every month, and you not having to action it.

How's your credit history? Have you ever missed any payments, been in a substantial amount of debt or has anyone ever claimed money off you?
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Louise · World Chat Champion Joined: 22 May 2006 Karma :

Yea I am in debt. I belonged to a company who helped me cut it down monthly, so the 3rd party would take my cash each month to spread about.
I took the plung and ive come off that. Im slowly but surly getting there myself. Both my credit cards are back in the limit and my loan is also almost there.
Just trying to get credit history to a reasonble state atm.

carvell · Scuttler Joined: 05 Sep 2003 Karma :

Louise · World Chat Champion Joined: 22 May 2006 Karma :

Yea I have Natwest - Step/Current & Halifax Current

Opened HSBC due to me trying to get my money back from the above banks in case they shut my accounts down Rolling Eyes

Im not too fussed really, but will stick to other accounts for now

Drew · Banned Joined: 09 Aug 2006 Karma :

Louise · World Chat Champion Joined: 22 May 2006 Karma :

No it was Payplan.
I was going to set up an account with a company (forgot the name)
They pay your bills with a set amoutn of your money but they take 20-30 quid a month in fees for doing so.
Just before i was about to set it up, good ol' Kat found payplan and there absoulty free of charge. So 100% of you cash will go to the creditors.
I would advise on them if anyone if doing this with someone else.
May take up to 3 weeks to get things rolling but worth it.

carvell · Scuttler Joined: 05 Sep 2003 Karma :

What benefit does it have over paying it off yourself?

Payplan aren't free - I doubt they're doing it out of the goodness of their hearts, you must lose out somewhere.
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Davo · Davo To The Rescue! Joined: 04 Apr 2004 Karma :

Louise · World Chat Champion Joined: 22 May 2006 Karma :

They are free. And ive been told they have Government funding to help?