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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

HSBC account --> guarantee First Direct?

Lith
Lith Posts: 897 Forumite
Tenth Anniversary 500 Posts Combo Breaker
in Budgeting & bank accounts
Maybe i'm talking utter sh!te? but if i have a HSBC account Debit/Credit am i guaranteed a First Direct account or not?? because HSBC do own them.

or it simply doesn't work like that ?


cheers
• HSBC (Main A/C)
• Halifax Back up A/C
• Lloyds (Spending) A/C
• RBS Back up A/C
• Barclays Old A/C
• Nationwide Old A/C

Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Lith wrote: »
    ...or it simply doesn't work like that ?
    It doesn't.
  • Lith
    Lith Posts: 897 Forumite
    Tenth Anniversary 500 Posts Combo Breaker
    grumbler wrote: »
    It doesn't.

    Crying now, lmao.

    lol thanks man!
    • HSBC (Main A/C)
    • Halifax Back up A/C
    • Lloyds (Spending) A/C
    • RBS Back up A/C
    • Barclays Old A/C
    • Nationwide Old A/C
  • camperdown9
    camperdown9 Posts: 148 Forumite
    No sorry.

    I have a first direct current account and also a first direct visa card.

    I also have an HSBC premier account, however they won't give me a credit card.

    I "think" FD and HSBC operate as separate businesses.

    Alex
  • Majestic12
    Majestic12 Posts: 142 Forumite
    Does not guarantee but makes credit checking a lot quicker.
  • colsten
    colsten Posts: 17,596 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Majestic12 wrote: »
    Does not guarantee but makes credit checking a lot quicker.

    How come? How do you know? How does the applicant notice the difference in speed?
  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
    Majestic12 wrote: »
    Does not guarantee but makes credit checking a lot quicker.
    You mean the instantaneous automated credit check?

    Ok.
  • meer53
    meer53 Posts: 10,217 Forumite
    Tenth Anniversary 10,000 Posts Combo Breaker
    Majestic12 wrote: »
    Does not guarantee but makes credit checking a lot quicker.

    Why do you say that ?
  • Majestic12
    Majestic12 Posts: 142 Forumite
    meer53 wrote: »
    Why do you say that ?

    When I applied for a credit card, they said before I would have to send some documentation through the post and the application could take about 2 weeks as part of their credit check. Then they saw I had a bank account with HSBC (which First Direct is part of their group). So they looked into the account over the telephone and the application was finished in about 20 minutes.
  • meer53
    meer53 Posts: 10,217 Forumite
    Tenth Anniversary 10,000 Posts Combo Breaker
    Majestic12 wrote: »
    When I applied for a credit card, they said before I would have to send some documentation through the post and the application could take about 2 weeks as part of their credit check. Then they saw I had a bank account with HSBC (which First Direct is part of their group). So they looked into the account over the telephone and the application was finished in about 20 minutes.

    That would have been nothing to do with a credit check, it would have been to do with identification. Credit checks are instant for all banks, they're done electronically.

    You don't need to supply documents for a credit check.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture