Basic Bank Accounts
If you don’t have a bank account, Scotcash can open a basic bank account for you. There are many benefits to having a bank account in your own name:
- Wages or benefits can be paid in direct to your account
- You can choose to have the account in your own name or with a partner
- You will get a card which will allow you to withdraw at most cash machines
- You can save money by having some of your bills paid by direct debit
If you have never used a bank before, this is the start of you building up a credit reference for yourself. If you run your account well for a period of time, the bank could possibly upgrade you to an account which offers even better benefits, such as a debit or switch card, or even the type of account which offers more discounts on other things.