Which bank let you open an account if your in a DMP

biglad

Payplan told me i needed to open a new bank account, and told me to go to nationwide and quote my reference number, the woman said she had never heard of payplan and i prob wont get an account with them

i know i should have asked payplan but why do i need to set up another bank account and has anyone else had these problems??

thanks in advance

fizzypeach

Try Smile, they're co-op and have been great with me:)

CLAPTON

Nationwide do offer a basic bank account:

below is an extract from their website

Quote
Basic bank account
Nationwide also offer a basic bank account, which is suitable for those who want access to a simple account offering a range of features and benefits:

pay money in and set up regular payments like standing orders and Direct Debits – both in and out
a cash card which enables you to withdraw money and check your balance at any of our branches, cash machines and any Post Office branch
manage your money over the internet
the basic bank account does not offer an overdraft, a cheque book or a debit or credit card

end of quote

biglad

i tried co-op but couldnt get one with them, what smile account is it youve got, did u say if u had another account or not??

Slayerx

Natwest offer a step account for people with financial difficulties but it will have no overdraft no cheque book and possibly a solo or cash card.

System

You need a new bank account that has no associations with your creditors as it is possible that a creditor can recover any monies from the bank account somehow (Barclaycard and Barclays bank for example). PM me your email address and I will send you a spreadsheet that details what associations are in place with banks and creditors. I will also send you a link to a thread that if read inconjunction with the spreadsheet makes sense.

fizzypeach

Hi Biglad
The smile account is the basic one they offer, I think!mind you they did put a £500 odraft on it which I didnt want(it was just automatic), I told them I had another current account and just wasnt to swap, I did it all online and theyve been great so far, had a welcome call this morning!

x

biglad

just tried to apply for a smile account but got turned down natwest is one of the banks i currently have an account with which doesnt really help me. the woman at payplan told me nationwide have to give me an account

moxie_2

Nationwide gave me a basic account and I have massive debt. I have no overdraft or cheque book and only a basic cash card. But its fine. I didn't mention Payplan to them, just said I wanted a basic account.

System

Biglad

Have just sent the email.

Lenny

biglad

thanks lenny

the woman in nationwide today said that they dont usually give accounts when someone already has an account with someone, how am i meant to get one then lol

i will just try and ring the branch tomo and see what is going on