Basic Bank Accounts

Hello Guys,

Can anyone help me with a question.

I am looking to open a new basic bank account and i'm having difficulty.

I had an appointment with HSBC in branch and we went through the various questions in order to open a new account. The advisor asked me if i had a bank account elsewhere and i said yes but i can't use it as i've been advised to open a new basic bank account so i can make an arrangement to pay back my overdraft.

The advisor said that she couldn't open an HSBC basic account if there was an existing bank account elsewhere.....:confused:

I said what do i do then... She said you need to pay off the other account before we can open this one??????

Can anyone tell me what the best bank to apply with would be? One that hopefully has a simple application process.

Thank you


  • BridgetJones_2
    Coop are quite good for those with a low credit rating.
    The only thing worse than smug married couple; lots of smug married couples.
  • gilligansyle
    Natwest Step Acoount is easy to open. you can do it online.
    Debts at LBM - Mortgages £128497 - non mortgage £27497 Debt now £[STRIKE]114150[/STRIKE][STRIKE]109032[/STRIKE] 64300 (mortgage) Credit cards left 0

    "The days pass so fast, let's try to make each one better than the last"
  • kev1980_2
    Thanks folks,

    I can't use Natwest as its a sistes company to RBS who i owe money to.

    Co-Op is an option - Thanks
  • Lelc
    Lelc Posts: 558 Forumite
    I used co-op. Did it online, and it was quick and easy and they've been brilliant so have no problem recommending them.
    Proud To Be Dealing With My Debts - DFW Nerd 323
    Debt free date - January 2012
    Mortgage free date - November 2013
    Cross stitch cafe challenge member no 16
  • Deep_In_Debt
    Apparently Barclays do a basic bank account and I believe they are one of 2 (Co-op) who take bankrupts so it may be worth giving them a try.

    Good luck.
    Debt 30k in 2008.:eek::o Cleared all my debt in 2013 and loving being debt free :)
    Mortgage free since 2014 :)
This discussion has been closed.
Meet your Ambassadors


  • All Categories
  • 343.7K Banking & Borrowing
  • 250.2K Reduce Debt & Boost Income
  • 450K Spending & Discounts
  • 235.8K Work, Benefits & Business
  • 608.9K Mortgages, Homes & Bills
  • 173.3K Life & Family
  • 248.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards