We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
UK Current Accounts Query
united66
Posts: 257 Forumite
Hi folks.
I have been banking with Halifax since early last year and have gone overdrawn only a couple of times. I now live with my partner, have our own private rented house and have a baby boy. Due to past credit problems I had no choice but to opt for an easycash account and a visa electron card. I have a 10 pound 'shadow' overdraft on my account and my credit rating is increasing slowly but surely (its a long process I know) I do also admittadly have a few defaults from a couple of years ago and really want to upgrade to a current account now. With my wages and increasing credit score and being on the electoral role I am wondering if I will get accepted for a proper 'fully functional' account with someone. Another reason to move is the local Halifax branch has moved to another town completely so it's a bit of a ball ache should I want to deposit a cheque or cash etc.
We have total earnings with benefits/tax credits etc in excess of 1700 pound a month. But I know due to my previous credit problems it can prove hard to get a proper account. Are there any banks in the UK with more leniant acceptance rates should I choose to apply?
Many thanks for reading the post and for you replies in advance.
I have been banking with Halifax since early last year and have gone overdrawn only a couple of times. I now live with my partner, have our own private rented house and have a baby boy. Due to past credit problems I had no choice but to opt for an easycash account and a visa electron card. I have a 10 pound 'shadow' overdraft on my account and my credit rating is increasing slowly but surely (its a long process I know) I do also admittadly have a few defaults from a couple of years ago and really want to upgrade to a current account now. With my wages and increasing credit score and being on the electoral role I am wondering if I will get accepted for a proper 'fully functional' account with someone. Another reason to move is the local Halifax branch has moved to another town completely so it's a bit of a ball ache should I want to deposit a cheque or cash etc.
We have total earnings with benefits/tax credits etc in excess of 1700 pound a month. But I know due to my previous credit problems it can prove hard to get a proper account. Are there any banks in the UK with more leniant acceptance rates should I choose to apply?
Many thanks for reading the post and for you replies in advance.
Who are you to judge the life I live? I know I'm not perfect and don't live to be. But before you start pointing fingers - make sure your hands are clean. Bob Marley - Legend.
0
Comments
-
try to get a basic account with natwest. they might be able to upgrade you in 1 years time.
Santander is also sometimes known for being easier banks.
it depends on your own personal experience.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards