Northern Rock Current Account

book12

I was wondering anybody have a current account with Northern Rock. What are your experiences of having them? Is it good (before and after the nationalisation)? I'm asking this as there's no thread/topic about it at all.

I didn't know they offer a current account. Thought they were financial institution specialising in savings and mortagages. Don't know why they categorised it a 'savings'.

How strict is the criteria for a current account? They don't offer a basic bank account, so when I get refused, it will be nothing.

http://www.northernrock.co.uk/savings/branch-and-postal-accounts/current-account/

cifpower

Well I've just asked for an application pack so we'll soon see!

sutton111

Well you get a ATM card and that is subject to status.

sutton111

cifpower wrote: »

Well I've just asked for an application pack so we'll soon see!

Are you going to apply Cif?

book12

What credit reference agencies do they use?

cifpower wrote: »

Well I've just asked for an application pack so we'll soon see!

You could have downloaded it from here: http://www.northernrock.co.uk/downloads/ca_appform.pdf instead

sutton111 wrote: »

Well you get a ATM card and that is subject to status.

ATM card is a cash card. Not a debit card. Don't understand why the cards are subject to status. By the way, if you see the link above, they offer debit cards with their bank account.

sutton111

Yes I know. That's why I can't understand why they are subject to status.

book12

Interesting article about not to open a current account wiht Northern Rock': http://www.independent.co.uk/money/invest-save/should-you-put-your-money-into-the-rock-785899.html

sutton111 wrote: »

Yes I know. That's why I can't understand why they are subject to status.

ATM card are for under 18's anyway according to the link/application form.

On this website (under the sectino 'taking money out) http://www.northernrock.co.uk/savings/branch-and-postal-accounts/current-account/using-this-account/, it says ATM cards are Chip & PIN enabled. Now therer is conflicting information. Claims to be a debit card now...

ffacoffipawb

book12 wrote: »

Interesting article about not to open a current account wiht Northern Rock': http://www.independent.co.uk/money/invest-save/should-you-put-your-money-into-the-rock-785899.html

Article dated Saturday, 23 February 2008

EarthBoy

The account terms and conditions make it clear that Northern Rock issues Visa debit cards. It will be "subject to status" because if they don't think you are fit to have one you will only get an ATM card instead.

http://www.northernrock.co.uk/downloads/Current_Account_T&Cs.pdf

ShelfStacker_3

Those T&Cs are worrying. No BACS transfers out?

book12

Looks like they are quite strict with their credit scoring. Rather open a current account (which comes with a debit card as standard) or basic account (which comes with a debit card or cash card as standard depending on bank) with the high street banks instead.

Strange that there are no BACS transfers out though.

Withdraw limit is only £250 instead of the standard £300.

By the way, not applying for one. But just interested on what you guys think of the current account.