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Co-Op account and MBNA card

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debtee_2
debtee_2 Posts: 59 Forumite
in Bankruptcy & living with it
Hi

I am planning to go to court on 19th Feb to file for BR, so have sent off for the forms for a Co-Op cashminder account so I can open one straight after.

I've just noticed though, that one of the credit cards I have debt with, MBNA, has 'MBNA Europe Bank' listed under 'account' on my statement, but 'Co-operative Bank' listed under 'bank'.

Does anyone have experience of whether this will affect my application with the Co-op for a cashminder account?

Thanks!

Debtee
:)BR no.77, 20th February 2008: BSC no.112 :)

Comments

  • thebride
    thebride Posts: 12 Forumite
    Not sure what you are actually asking, but just a quick reply to say that an MBNA credit card (for no small amount!) was included in my BR and I had absoultley no problems opening a Cashminder account :D
  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The Co-op seem to be quite good with allowing cashminder accounts to people who owe them money in other ways.
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    I don't think MBNA and the finance side of the Co-op are linked in any significant way.:confused:

    I think MBNA are still owned by one of the larger American banks.

    EDIT:
    tigerfeet2006 wrote: »
    The Co-op seem to be quite good with allowing cashminder accounts to people who owe them money in other ways.

    Certainly seems that way from past evidence here. :)
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • debtee_2
    debtee_2 Posts: 59 Forumite
    Thanks to all of you who replied with your thoughts, which would seem to be correct;

    I called the Co-Op today and asked them whether having a debt on an MBNA card would affect my application for a cashminder account and they said no, it wouldn't:)

    Debtee
    :)BR no.77, 20th February 2008: BSC no.112 :)
  • cinnabar
    cinnabar Posts: 100 Forumite
    As far as I can gather, there is no connection between Co-Op and MBNA (and given CoOp's ethical policies I'd be very surprised if there was) - it's simply a way for MBNA to collect their money from its customers, basically an account that they hold with the CoOp that you're paying money into, with your card number as a reference so they know exactly who's paid what. If you look at any bills that are payable at a bank counter you'll see a similar thing.

    And I owed a fairly considerable sum to MBNA and had no problems opening a cashminder account :D
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