co op account.

nev32

has anyone been or had to close a co op account after br as myself & my wife have opened a joint account prior to br which is sept 10th.
i understand that it may be frozen when br for a short time but will we have to close it & open a new accountie seperate if it has to be closed.??

peachyprice

Unless you live in Brighton your co-op account will carry on as normal after BR.

HTH

nev32

if you dont mind me asking , why brighton, although no im no where near there.

peachyprice

Brighton is the only place where the OR would make you close your existing co-op account.

Dan_1976

I opened a Co-op account after BR! THey will insist you have a cashminder account and it is actually very good.

It will or may be frozen for a while so make sure you keep some cash handy, although they will allow you some money for living!

markbass

My Nat west current plus account was not touched!! it's been a month since i went BR and the bank don't know i've gone bankrupt...but their still peeing me off because their useless and i'm seriously considering a CO-OP cashminder account because they sound really good, like i say though the OR doesn't even want to interview me, my bank account has not been frozen at all..so it can't be a rule of thumb that bank accounts are frozen.

nev32

yeh our account is a cashminder account & we have had it for a month now & is to be honest very good. the on line account is so userfriendly. better than abby. just hope it doesnt have to be closed after br.

what_happens_now?

markbass wrote: »

My Nat west current plus account was not touched!! it's been a month since i went BR and the bank don't know i've gone bankrupt...but their still peeing me off because their useless and i'm seriously considering a CO-OP cashminder account because they sound really good, like i say though the OR doesn't even want to interview me, my bank account has not been frozen at all..so it can't be a rule of thumb that bank accounts are frozen.

I took a while for some of my accounts to register the fact that i was BR. It may be worth setting up a co-op account so its ready to use if your natwest account suddenly gets frozen. Either that, or you may want to inform natwest about your BR and see whether they will let you keep it or not. They will find out eventually and you don't want to get caught short!

Flowerpot_2

nev32 wrote: »

has anyone been or had to close a co op account after br as myself & my wife have opened a joint account prior to br which is sept 10th.
i understand that it may be frozen when br for a short time but will we have to close it & open a new accountie seperate if it has to be closed.??

I opened my Co-op Cashminder account on the day I went BR (in Brighton!). Mentioned this to my OR during my interview, no problem, no interest Account hasn't been frozen at all :j Now a big fan of the Co-op
FP x

nev32

Thanks for the advice, im sure we will be ok but there is always doubt. what will be will be.

Dan_1976

Co op are very good!

I owed my bank about £3k so I had to close mine and get any money out/diverted or they would have had the lot!

Although £24.56 and a can coke would n ot have got ridof them!