Starling bank is a new ‘online only’ UK bank offering debit cards that charge NO FEES for withdrawals or transactions, anywhere in the world!
They work with all ATM’s just the same as any other debit card, but don’t charge the usual 3-5% per transaction that most other banks do!*
It’s the perfect card for frequent travellers.
NO MORE ATM WOES
I know when I travel, drawing cash is one of the most annoying things. Mainly because you need to plan ahead – if you are out one night and run out of money, you can’t just go and grab £10 out of the ATM. Even though it’s advertised as only charging you a percentage, there is usually minimum charge of £2 – £3.
So when drawing cash, you have to draw enough for at least a few weeks to make it worthwhile – the more the better. But then you have a huge wad of cash on you, so you need to immediately head back to your hotel or hostel and put it in a safe place.
The Starling online app is also far more intuitive than most banking apps, providing you with accurate descriptions of purchases, correct retailer details, currency conversions and even spending patterns.
All it takes is three minutes to download the app and apply for a new account. No need to go into a branch, since they don’t have any branches!
Furthermore, if your card gets lost or stolen, you can instantly disable it from the app – no need to call your bank! The app is secured with a PIN or fingerprint security, so if you lose your phone it’s still secure. The only issue is you will need to get another phone and download the app before you can do any online banking, but your debit card will still work.
JUST LIKE ANY OTHER BANK
Every account comes with the standard sort code and account number, so they can be used for online purchases, direct debits and EFT payments just like any other bank – but with no extra charges!
Currently, they are only issuing Mastercard debit cards, but I would imagine they will start doing Visa soon. Either way, this shouldn’t be an issue, as in my experience Mastercard and Visa are equally prevalent around the world.
Click HERE to sign up now.
*Some ATM’s will still charge their built-in transaction fees if run by an independent company, but this is unavoidable no matter what bank you are with.
(Disclaimer: I am not a qualified financial advisor. This is an independent report about a product of Starling Bank, with whom I have no affiliation, and is published for information purposes only.)