Would a savings account with Natwest boost my RBS internal rating?

JacksterD

Hi people, I currently have an RBS Student account and a savings account with BoS. I'm trying to make sure my internal score with RBS is as good as possible as I'm wanting to take out a student credit card so I can buy a laptop and get some extra protection on the purchase. The initial credit limit on the card is £500, but it can be increased if your credit score is good enough, and it'd need to be higher if I'm going to buy a laptop.

RBS has pretty poor savings rates at the moment but Natwest's aren't too bad, so I'm wondering if I move my savings to Natwest then will that boost my RBS internal credit score?

Thanks

mclaren32

JacksterD wrote: »

Hi people, I currently have an RBS Student account and a savings account with BoS. I'm trying to make sure my internal score with RBS is as good as possible as I'm wanting to take out a student credit card so I can buy a laptop and get some extra protection on the purchase. The initial credit limit on the card is £500, but it can be increased if your credit score is good enough, and it'd need to be higher if I'm going to buy a laptop.

RBS has pretty poor savings rates at the moment but Natwest's aren't too bad, so I'm wondering if I move my savings to Natwest then will that boost my RBS internal credit score?

Thanks

No effect, despite what people say the two banks really are quite seperate.

chambta

JacksterD wrote: »

Hi people, I currently have an RBS Student account and a savings account with BoS. I'm trying to make sure my internal score with RBS is as good as possible as I'm wanting to take out a student credit card so I can buy a laptop and get some extra protection on the purchase. The initial credit limit on the card is £500, but it can be increased if your credit score is good enough, and it'd need to be higher if I'm going to buy a laptop.

RBS has pretty poor savings rates at the moment but Natwest's aren't too bad, so I'm wondering if I move my savings to Natwest then will that boost my RBS internal credit score?

Thanks

What have Natwest got that RBS haven't?

Products are usually like-for-like.

JacksterD

chambta wrote: »

What have Natwest got that RBS haven't?

Products are usually like-for-like.

RBS's ISA starts at 0.55% for £1+ and goes up to 2.00% for £50,000+ whereas Natwest's e-ISA starts at 2.00% for £1+ and goes up to 2.5% for £30,000+, so a pretty big difference.

chambta

JacksterD wrote: »

RBS's ISA starts at 0.55% for £1+ and goes up to 2.00% for £50,000+ whereas Natwest's e-ISA starts at 2.00% for £1+ and goes up to 2.5% for £30,000+, so a pretty big difference.

The e-ISA is just about the only thing different.