Unless of course it’s Starling who pay me nothing for paying my pension into the account and nor do they pay me any incentive for the two direct debits that go out. Of course they do pay an absolute pittance of interest on the current account which effectively amounts to bog all.
Nationwide also, they don’t pay me anything.
You’re still getting a good deal anywhere in the UK - it’s common abroad to pay for the privilege of having an account and the privilege of having a card.
Oh yes I absolutely know this. I believe the Australians (along with many other countries) have to pay for standard banking?
We want/wish Chase to lead the way
This gets said alot but various countries have some free banking and some also have it with with minimum balances or the equivalent of salary deposits etc.
Go to Germany or Sweden and your overdraft rate isn’t circa 39% APR either…
The overdraft rate is a result of a mixture of things, central bank interest rates etc. Drawing a false equivalence that we would immediately see a drop equal to that kind of level (I believe N26 last I checked had a 6-8% overdraft) is unlikely,.
Would be good to introduce those fees though, it would be great if we could start unbanking people so crypto can start to gain utilisation.
The NYC ones look good; the ones outside the big cities not so much.
I used the Citi and TD Banks previously and they all looked like that in the Manhattan. The Sovereign bank (Santander) looked a bit rundown and Capital One had a café inside it.
Yeah, that’d be popular, I can just see millions of banking customers here in the U.K. shouting from the rooftops for that to happen 
Can you tell me, did you take any USD from a Chase ATM whilst there? If so, what was the conversion rate Chase charged? I understand they allow free ATM withdrawals in the US for U.K. Chase customers, just wanted to know what percentage they took on the conversion.
Last time I was in the US, I used my Starling debit card everywhere and the conversion rate was incredibly competitive at the Mastercard almost perfect conversion rate. I didn’t however use any ATM’s whilst there.
Unbanking people is the next step to freeing ourselves from CeFi. Lets be really brutally honest, banks do not have a good reputation in the UK.
On top of this: money is only insured to 85,000 unless with NS&I, merchant processing fees from schemes like visa get passed onto us through higher prices and merchants have to deal with losing money when customers process chargebacks illegitimately.
Crypto fixes all of this.
Yeah, like your average Joe has that sort of cash just floating around. Most ordinary folks haven’t got 10 bob to squeeze between their butt cheeks.
Barclays do with their Blue Rewards add-on.
Both Barclays and Santander charge a fee, which offsets the cashback. I can’t see how any bank could offer it without charging a fee as they would be losing money.
Not my problem? Kind of out of scope too - but FTR it’s the average joe that suffers from paying extra due to processing fees and fraud losses that have to be included in margins.
Which now gives you £5pm for a £5pm fee 
@Topsy2 I didn’t withdraw any cash from an ATM as I took US Dollars with me.
I believe the rate using my Chase card was 1GBP = 1.3299 USD
But you get free prize draws now!
Come to think of it they promised further details in December and I haven’t seen anything about it yet. I have a Barclays mortgage so am staying with Blue Rewards but otherwise I’d be off to RBS
Thanks, I needed a laugh, today has been quite gloomy
I’m not your mirror, chief; if you disagree with something I’ve said: forums are for words. Write about it properly instead of some smooth brain response
Thanks for the reply and info 
I used my Chase card abroad at ATMs (Not USA) they just used the MasterCard rate with no mark up
