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Co-Op account and MBNA card
debtee_2
Posts: 59 Forumite
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
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 0
Comments
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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
0 -
The Co-op seem to be quite good with allowing cashminder accounts to people who owe them money in other ways.BSCno.87The only stupid question is an unasked oneLoving life as a Kernow Hippy0
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I don't think MBNA and the finance side of the Co-op are linked in any significant way.
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 greed0 -
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:)
DebteeBR no.77, 20th February 2008: BSC no.112 0 -
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 0
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