Citibank

UKTigerlily

Hi, someone said the other day citibank offer a full visa debit card, is this even with terrible credit?I've got to send a cheque from my account & it'd cost £10 to do so, so I wanna know for sure

moonlightpjs

Hi, I'm not sure but I heard the same. i applied for one over a week ago and sent documents and cheque back and I've got terrible credit.I got a letter this morning saying they were processing it and would contact me in next 15 working days so they are not very speedy. I don't think they cash the cheque you have to send until they've actually opened it though, mine hasn't been cashed yet.
Sorry can't be of more help. Fingers crossed

BYould

I have a citibank account and have been discharged from bankruptcy for over a year so I suppose you could say I have bad credit. Even still they opened the account and I have been quite impressed with them.

moonlightpjs

Hi, just to let anybody else know who is in the same situation as me - i.e poor credit history - mine is really terrible but just been accepted for a full current account with Citibank to include visa debit card and cheque book. Good luck.

ChargeHater!

Hi,

i was wondering if you applied for this online or did you go into tyhe bank personlly? How long did this take??

I have a VERY bad credit history so am very reluctant to aply to a bank unless I know they consider these situations!

Thanks

moonlightpjs

UKTigerlily wrote:

Hi, someone said the other day citibank offer a full visa debit card, is this even with terrible credit?I've got to send a cheque from my account & it'd cost £10 to do so, so I wanna know for sure

Further to recent postings - just to let you know I chased Citibank up and have been accepted for full current account with Visa debit card and cheque book and as I said, my credit history is disgusting so it might be worth sending that cheque. Godd luck!! Will keep my fingers crossed.

moonlightpjs

Hi, I applied online, recieved the form a couple of days later, sent it back - you have to send a cheque from your current bank account made payable to yourself to open an account with them, and a proof of address and it has taken about a week in total. On the letter they sent saying they had received signed application form it stated they would get back to me within 15 working days - I received that on Tuesday, called up today just to chase them up and they told me I had been accepted.
As for credit rating - well, mine is really, really, really bad - I don't think you can get much worse. The Equifax rating says I am a significant risk!!!

Hope this helps, fingers crossed

techno_geek

To be honest, I think their main concern is your salary!

I'm considering applying for an account with them, as am going to take a year out in the USA next year and want to be able to transfer my salary back home!

Did they mention anything about any particular income requirements during the application process, and do you have to credit your salary etc.?

Ant84

I'm going to apply, but I don't have a cheque book in my current Barclays account, so how do I go about it?

Only cheque book we have is our Natwest business account, but that's a joint account between 3 holders.

moonlightpjs

I think they did yes, just had to tick a box stating how much would be going in bank account each month - the first box was less than £10,000 so I ticked that and then asked how much would be going out per month - again less than £10,000. I don't think they asked me specifically if wages would be credited but I honestly can't be sure - sorry!!!

moonlightpjs

Ant - this is the e-mail I got from them straight after my application - maybe try ringing the number on it to ask about cheque as I'm not sure and don't want to give you the wrong info. Hope this helps.

Thank you for applying to open an account with Citibank. Please keep this email until you have signed and returned your application to us.

A pack will now be sent to the address of the primary applicant by post. It should arrive within the next three to five working days.

To ensure we can open your account as quickly as possible, and upon receipt of your application, please check that all mandatory fields (those marked with a red triangle) have been completed, then sign and return your application form with the documentation listed below.
-A cheque drawn on your personal account in the UK, in your name, to be paid into your Citibank Account (minimum £1). We use this to verify your identity and can also be used as your initial deposit.
-One of the following original documents to confirm your current address: Your most recent monthly UK bank statement, a utility bill (not older than 3 months), a local authority tax bill (valid for the current year), or a tenancy agreement.
-If you have recently moved to the UK or are not on the electoral role we recommend that you also send us a Certified Copy* of your current signed passport, valid UK photo driving licence or if you are an EEA National, a certified copy of your National Identity Card is also acceptable.
-You can also return the documents at any of our branches.

Account options:
- If you wish to make use of a Citibank overdraft facility, please also send us your most recent payslip.

Additional information
If you are eligible to have your interest paid gross:
- Please remember to complete the R85.

If you have any questions about your application please call our Account Opening team on 0800 00 88 00 (between 8am and 8pm, Monday to Friday). Please do not reply to this email, because this email address is not set up to receive incoming email.

Regards,
Citibank
https://www.citibank.co.uk

FORMS
Please visit our Document Library for these and other useful documents for your Citibank Account: https://www.citibank.co.uk/personal/forms.
Please note if you do not have Adobe Acrobat Reader, you can download it from https://www.adobe.com
*Documents should be certified "original seen", signed and dated, by a lawyer, notary public or banker using an official stamp, and printing name and address.