XX's Review of Cahoot Current Account
25th Oct 2006
Overall Rating
- Customer Service
- Ease of use
Higher interest rate than normal bank account, combined with £100 fee-free overdraft at all times.
Bad Points
Internet only.
General Comments
I have been banking with Cahoot for years. They are part of the Abbey Group. There used to be £250 fee-free overdraft at all time, but now it is only £100, which is no longer a significant helping hand. Deposit cheques must be mailed by post (not too bad, as they provide prepaid envelops), but they seem to be cleared quite quickly. You are in complete control of when and where to send funds to. Cahoot are not a bad choice if you bank online often.
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