Life after BR ... Savings accounts

uptomyeyes1984

Afternoon all, after myslef and hubby went BR a year ago today (my hubbys auto discharge today YAY!) and i've been discharged for 6 months now. What is the likely hood of getting a savings account and where is best to go? we have a co-op cash minder account which is the best account ever just wondering if anyone knows what savings account they will give a post bankrupt.

Many Thanks

rocketman80

I've got an Online Savers account with Yorkshire Building Society. Applied online and it was set up and running within a week.

I believe other folk have had success with other accounts/banks, but this one's fine for me. Around 2% interest on the account.

Congrats on the AD and ED btw lol

dojoman

Well done on your AD:) I have to agree with rocketman here, YBS for me as well, don`t think the coop will give you one but you never know.

sean1926

I was discharged in April 11.

Today I decided to try & open a savings account with the Chelsea BS. I went onto their website & made an online application for an 'ESaver Reward' savings account. I swear within less than 5 minutes they had opened me an account & deposited £10 in said account from my debit card...Fantastic!

I chose the Chelsea because
1. Members on this site have previously commented that they are sympathetic towards bankrupts
2. I checked out who owns the Chelsea just to be sure I didn't go BR owing them or their subsiduaries any money
3. I have heard/read that the Chelsea are looking to develop discharged bankrupt friendly mortgages, so saving on a regular basis with them can't do any harm!

Hope this is helpful.

alastairq

Co-op have their own savings account....with online instant access.

However, apply by phone, and immediately warn the adviser that it will be refused, due to the BR..they then appeal immediately, and it will be set up.

I have been told they will do this even whilst undischarged.

janineh1982

Well done to you both! Good luck in finding an account to save your hard earned money in

NekoZombie

alastairq wrote: »

Co-op have their own savings account....with online instant access.

However, apply by phone, and immediately warn the adviser that it will be refused, due to the BR..they then appeal immediately, and it will be set up.

I have been told they will do this even whilst undischarged.

I still think its madness that they credit score savings accounts. It's a bit like, 'do you want my money, or not??' I opened a saving account with alliance and leicester - now Santander. Santander have also given a current account - Co-op are still saying no until the default drops off, so it's bye bye to the co-op. Shame, because I really like banking with them.

leftatthelights

sean1926 wrote: »

I was discharged in April 11.

Today I decided to try & open a savings account with the Chelsea BS. I went onto their website & made an online application for an 'ESaver Reward' savings account. I swear within less than 5 minutes they had opened me an account & deposited £10 in said account from my debit card...Fantastic!

I chose the Chelsea because
1. Members on this site have previously commented that they are sympathetic towards bankrupts
2. I checked out who owns the Chelsea just to be sure I didn't go BR owing them or their subsiduaries any money
3. I have heard/read that the Chelsea are looking to develop discharged bankrupt friendly mortgages, so saving on a regular basis with them can't do any harm!

Hope this is helpful.

I would be extremely interested in this.
Has anybody else heard of the Chelsea looking to develop bankrupt friendly mortgages!!
Hope it is true!!!

leftatthelights

Just read this on their site!!

http://www.fairinvestment.co.uk/chelsea_building_society.aspx

This to me, is a great find! Me and the missus are currently saving towards a deposit for a house so i'm relieved to see a bank that will at the very least consider you!!:)

uptomyeyes1984

Thank you all for your advice, I will give the co-op online one ago cant do any harm in trying and if not will try your other recomened ones.

:j

ian_h

sean1926 wrote: »

I was discharged in April 11.

Today I decided to try & open a savings account with the Chelsea BS. I went onto their website & made an online application for an 'ESaver Reward' savings account. I swear within less than 5 minutes they had opened me an account & deposited £10 in said account from my debit card...Fantastic!

I chose the Chelsea because
1. Members on this site have previously commented that they are sympathetic towards bankrupts
2. I checked out who owns the Chelsea just to be sure I didn't go BR owing them or their subsiduaries any money
3. I have heard/read that the Chelsea are looking to develop discharged bankrupt friendly mortgages, so saving on a regular basis with them can't do any harm!

Hope this is helpful.

AND They're part of the Yorkshire Building Society