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Advantages: Almost universally accepted, makes you more financially aware Disadvantages: Can't write cheques, not a lot really!
and a silver one. I went for the silver but received the purple anyway! Never mind! When you?ve completed the form, drop it in at your bank along with two pieces of proof of your identity, and they will open your account for you. In fact they will be more than pleased to open your account, because they know that if they can capture customers at an early age they have more chance of retaining them for the future when they?re a better investment!
When your account is set up, you?ll receive a number of items through the post. As well as your card and PIN number, which will arrive separately for security purposes, the nice bank people will also send you a paying-in book and a welcome pack. The former allows you to pay cash and cheques into your account using the Bank Giro Credit system. The latter will give you a good introduction to your Solo card ...
mattwood 11.05.2003 (09.07.2003)
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Ciao members have rated this review on average: very helpful Review of Solo
Advantages: Can't get into debt, lots of shops take it, from 11 with some banks, Disadvantages: Woolies don't take it!
The Solo card is a debit card aimed at young people that works like a Switch except you can’t get overdrawn – in other words in debt. It’s a great idea and allows young people to shop through mail-order and on the internet without using their parents credit card. Though some adults also have it if they’re not too hot with money-management!
The Solo card is accepted widely and most shops accept it, though it is not accepted as widely as Switch. Woolworth’s don’t take it which seems rather stupid considering many of their customers are young people. Though the Solo is accepted far more than the Visa Electron, which only a small minority of shops seem to take.
Solo offers a cashback feature which you can use at all shops taking Solo. Most places won’t charge you, but smaller shops might. I was ...
Disillusioned 18.06.2001
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Ciao members have rated this review on average: very helpful Review of Solo
Advantages: No worries about carrying cash Disadvantages: Many well known stores don't accept them
Switch, Delta, Electron, Solo - they're all basically the same.
I used to have a Switch card - accepted by virtually every shop or service - a debit card by any other name.
I now have a Solo card, due to recent financial difficulties it was all I could get. This works in much the same way as a Switch card - it's a debit card which you hand over in place of cash for payment and saves time and hassle writing cheques. Funds are normally debited from your bank account within one to two working days and you can also get up to £50 cashback with it where that facility is available. It will not allow you to go overdrawn on your account unless you already have an overdarft facility - unusual with accounts offering a Solo card to begin with.
BUT, and it's a big but, not all the expected shops - including large, well-known stores, accept ...
blurbubble 05.04.2001
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Ciao members have rated this review on average: very helpful Review of Solo
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