Co-op Cashminder feedback - Accounts opened AFTER 17th Sept 2012

NewChapter_2

Went in today to open up a cashminder account. Bank advisor tried 3 times to get me to open a current account rather than a cashminder account saying I didn't have to have an overdraft or credit facilities. Can't work out whether it is because they are trying to phase them out or if she gets more for the sale.

She made it very clear asking about probs with credit and whether I am BR (not yet, petitioning soon). Stated it was definitely a cashminder that I wanted to open. Bit surprised that the account wasn't opened there and then. She is sending off an application form and ID apparently and they'll write to me.

So we shall see! I'll report back what happens after it has a) hopefully been opened and b) after I hopefully go BR.

PippaGirl_2

ah you might be our first real guinea pig then newchapter. That's the normal Co-op process btw sending everything off and you hear about the account in a couple of weeks so nothing unusual.

NewChapter_2

That's good to know then, I was panicking thinking they thought I was dodgy or something

topcat2006

They did the same with us exactly 7days ago. Still waiting to hear from them, and likewise they tried to get us to open a current account and we had robe quite firm to get cash minder.

TC

FavDaughter1

Hi i opened a 2nd CO OP basic bank account last week over the phone. we did a full & final IVA 18 mths ago. the lady said it was "reffered",she said it would probably be fine. i got the new card yesterday,just waiting for my pin,online banking shows my new account.
fingers crossed for you.

NewChapter_2

I really hope I don't have to wait too long as I am waiting before going BR till I get that account opened argh :eek:

topcat2006

Update. Today our welcome letter and debit cards came through the post. We await PIN numbers but now the letter and the cards have arrived we know they are coming.

Next week we have our appointment with the court to declare bankruptcy so will update further after that.

TC

Cash_hag

Hi all, I opened my Co-op cashminder account on the 4th Oct, and was made bankrupt on the 9th Oct. I have activated the online banking, received my welcome pack, along with my debit card.

The notification of my bankruptcy is already noted on my account, and have been advised by a member of staff in the Money Management Department, that my account is to stay operational. :T

Regards

Cash hag

IF

Cash_hag wrote: »

Hi all, I opened my Co-op cashminder account on the 4th Oct, and was made bankrupt on the 9th Oct. I have activated the online banking, received my welcome pack, along with my debit card.

The notification of my bankruptcy is already noted on my account, and have been advised by a member of staff in the Money Management Department, that my account is to stay operational. :T

Regards

Cash hag

Thanks CH for letting us know and hopefully we'll receive more positive feedback from other posters too.

Best wishes
IF...x

Cash_hag

Thanks, I had been watching this post with interest, as I was not sure how things would go with the Co-op after going bankrupt. Lets hope it continues to help others open accounts before declaring themselves bankrupt.

Regards
Cash hag