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Opening a basic account when you have a standard account
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
I'm looking at opening a basic account as an extra for bills etc and something to fall back on if there's ever a problem with the card for my normal account.
Three questions:
- are banks quite happy to open a basic account in cases like this ie where the customer already has a normal current account?
- how does a basic account appear on your credit report, if at all, and could it reduce any scoring, either internally or externally for new credit card or mortgage applications? [I'm guessing they may not appear, given they don't offer any credit.]
- would I be better opening such an account with my existing bank or a new one (my favoured option for new bank is probably Barclays, though I'd have to make the effort to go into a branch I think, as their card is a full visa debit?). Halifax or Natwest would probably be no. 2.
My original plan was to get the Quidco cash via A&L, but see there's a £5 underfunding charge and I don't want to risk that, in case I don't transfer in £500 one month.
Many thanks to all who are reading this.
Three questions:
- are banks quite happy to open a basic account in cases like this ie where the customer already has a normal current account?
- how does a basic account appear on your credit report, if at all, and could it reduce any scoring, either internally or externally for new credit card or mortgage applications? [I'm guessing they may not appear, given they don't offer any credit.]
- would I be better opening such an account with my existing bank or a new one (my favoured option for new bank is probably Barclays, though I'd have to make the effort to go into a branch I think, as their card is a full visa debit?). Halifax or Natwest would probably be no. 2.
My original plan was to get the Quidco cash via A&L, but see there's a £5 underfunding charge and I don't want to risk that, in case I don't transfer in £500 one month.
Many thanks to all who are reading this.
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