Savings after discharge

Tigerlily31

Hi all,

I haven't posted in ages but was wondering if anyone has had any success in opening any kind of savings account after discharge? I was discharged in Dec 2008 after going BR in June of the same year and have just applied for an ISA with Co-op who I have the basic bank account with. They have rejected me due to my credit file- it's utterly stupid in my opinion that I can't have a savings account due to my credit file!!! Surely me wanting to start saving is a positive thing?! I also have a basic bank account with Barclays and am not sure whether it's worth trying with them? Any suggestions would be most appreciated

Thanks for reading!!

dojoman

Yorkshire Building Society are very good, they have an internet savings account which is very easy to open.

philnicandamy

http://www.sainsburysbank.co.uk/savings/sav_savings_zone.shtml

they opened an account after discharge for me...they wil ask for proof of discharge though

Doucam

We have the internet one through Yorkshire Building Society as well.

skylight

I have savings with Santander, Yorkshire Building Society and Sainsbury. I have since closed Sainsbury as the interest was naff. I also have a Natwest savings account that they opened for me when BR, BUT I think I fell through their net as I also kept my Step account which is unusual.

I also have opened a Stocks and Shares ISA with Legal and General; they just wanted proof of my discharge and I also opened a share account with Hargreaves Lansdown.

It sounds a lot!! I do not have buckets of money, but small pots for different things. The Santander I only have on a temporary basis as I am a non-tax payer and 2.5% was the best return I could get on a non-isa account (cos I subscribe to one already) and this rate is only for 12 months. I was surprised they accepted me.

Reevesie76

I have a savings account with Barclays. I was in there the other day paying something in to my main account and was thinking about a joint account for hubby and I so that we can both move from Co-Op (our nearest one is an hours drive away).

Came out an hour later, had a joint account and a savings account with them, both of them I can view through Barclays internet banking and can transfer money to and fro.

We were automatically discharged in February Hope that helps.

hopefulfooluk

I opened Barclays More4More savings, Sainsburys Bank and Yorkshire Building Society savings accounts all successfully even before I was discharged.

So you shouldn't have any problems going for one of those (although I know some have probs with Sainsburys even though I didn't).

ANewEra

Barclays here again, have the kids ones there (in my name) also. No problems with them at all. Interest rate shocking, but who's isn't these days.