basic bank account, report to CRA?

alextexmex

Hey all,

As some of you know I am in a position of having Zero Credit History at all, Nada, not a bean.

Finally found I am now registered on the electoral roll so going to get out there and get a basic bank account and get some history, got all my ID and documents ready and waiting, utility bills and passport plus driving licence.

My intention is to get a basic bank account, build up some history then go get a Contract phone in say 6 months. Would you say that is a reasonable time scale?

Main question is this, what basic bank accounts report to the cra's? My mum has a bill easy cash account with Halifax and doesn't report to them, but yet my old housemate had a HSBC one which did. Any suggestions as I'd like the good marks being registered.

Cheers all

fermi

Most basic ones report a series of green OK marks or £0 balances indicating for example that "the account is in credit; the account is not overdrawn; the account is being managed within the terms of your agreement".

I know for certain that Barclays and Nationwide basic accounts report.

john1002

just to add to fermi the co op cashminder also reports to all three main CRA.

john

alextexmex

Thanks all, applied for a basic basic bank account with CO-OP today, told the application isn't done in branch and is sent to head office for processing, fingers crossed!