Bank accounts for Bankrupts - Discussion Thread

ian_h

Has anyone successfully moved up from a Barclays Cash Card Account to a Regular (Free) Current Account?

A Family member uses Barclays following their BR and since discharge the online banking shows pre-qualified for the £15 pm current account - when they click it they are taken to a page that says the Cash Card product is not upgradeable (as we expected) and to apply for a new account.

Has anyone done this and is there a way to keep the same account number and sort code?

OnMyWay_2

I have debts with Barclays and Smile (which is run by co-op). If I go bankrupt will I be unable to open even a basic bank account? Also I have a joint bank account with my other half to pay joint bills - will that be closed if I go bankrupt?

Leylamay_2

:DUpdate : 29 September 2011:D

I have succeeded!

I phoned the Co-op and asked them about applying for a cashminder account and they couldn't have been more helpful. I told them I was a discharged bankrupt and the Advisor told me that they just do an check on your address rather than a credit score. As I am with E-on online billing, and my Council Tax invoice is more than 6 months old, I can provide a copy of my driving licence but it has to be certified or I can go into the nearest Britannia branch which for me isn't too far so I am very relieved after the problems I encountered earlier this week.


27 September 2011:
I can't open a Barclays Basic account; I tried but although I had a zero balance with them, I had declared it on my Statement of affairs for my banktruptcy so they wouldn't allow me an account.

I then tried the HSBC and duly took all my documents in and they got sent off, but I was turned down by a letter received today telling me that my credit rating was acceptable but an associate credit scoring was unnacceptable. I was under the impression that basic bank accounts weren't credit scored. I was prepared to open a basic account and then in 6/12 months, go through the scoring to open up a 'normal' account and build up my rating. When I told them this at the branch it all seemed okay.

The Natwest said that to get onto my partner's account I would need to provide a certificate of discharge and that wouldn't guarantee anything.

Santander said I could open a savings account with a cash machine (not debit) card and I maybe able to get my wages paid in, but it might not work. And when I went into branch the staff would be telling me that I wasn't using my account properly, but they were just doing their job!

Now I'm back to square one! I would appreciate any advice on which banks can help. How on earth does anyone get their salary paid to them if they are single and don't have an account?

suehippo

Co-op Cashminder seems popular.

IF

Hi Leylamay and Welcome, Please click on link below for the latest thread on BR Bank accounts:-

https://forums.moneysavingexpert.com/discussion/3505425


Best wishes
If...x