HSBC ‘Connected Money’


(Richard Cook) #23

@Georgia1996 Hey Georgia, I’ve just merged your topic into this one, so we can all discuss this in one place. Thanks!


#24

More importantly, what do you think of this app? Are you a HSBC customer?

My legacy account is with RBS so I don’t have first hand knowledge of Connect Money’s utility but from the current 4.4/5 :star:️ rating on the iOS store it appears that for those who manage to get up & running with it they find it very useful.


(Andy Barnes) #25

It’s early days. Doesn’t have all the banks. And there’s no way to remove accounts once you’ve added them. Support have confirmed this.


#26

Did anyone read the privacy policy? I agreed to it before actually looking at it but now I’m wondering why I’ve given HSBC details of every financial transaction I make. It could be more valuable to them than credit scoring. They might say they won’t be increasing my credit card limit anytime because I spent too much in a casino or I buy too much takeaway.


#27

That’s a good shout. Is their anything specific that you’ve seen in the privacy policy that’s alarmed you? I doubt they’d prejudice you based on this app without you knowing though as the credit score is still going to be king when it comes to down to it.


#28

A basic account is also the only type of account people who are insolvent are allowed to have, so there’s a real need for some banks to provide this service.


(Leonard) #29

Has anyone downloaded and tried the app out yet?


#30

I recently gave some thoughts on it in relation to some other account aggregators in a different thread


#31

Word of warning for anyone considering trying HSBC Connected Money. The app does not yet have a function to remove accounts, which is a pretty ridiculous omission. Not sure yet if accounts can be removed via email/phone support.

@Theodore - can I suggest you change the title of this thread to ‘HSBC Connected Money’ so its easier to find?