Clydesdale - Yorkshire - Co-op

fonsde

I am thinking of switching to one of the three.

Does anyone know if the first two offer switch via phone? cause the dont do online.

Also is there a credit check? cause last time i tried to do a Halifax switch failed.

Thanks

YorkshireBoy

fonsde wrote: »

Does anyone know if the first two offer switch via phone?

Your answer is on their website (where they provide a telephone number for existing customers to initiate the switch).

Also is there a credit check?

Of course.

pinkdalek

Be surprised if there wasn't a credit check, especially as if doing via phone they verify your identity electronically, this would mean checking electoral register and your credit file for proof of identity.

If you've a poor credit doesn't mean they'd decline you, just may not be able to offer you an overdraft facility at the present time.

Fruit_and_Nut_Case

Clydesdale certainly credit-checked me when I applied by phone this afternoon.

grumbler

pinkdalek wrote: »

... this would mean checking electoral register and your credit file for proof of identity.

This would mean an ID check, not a credit check.

pinkdalek

grumbler wrote: »

This would mean an ID check, not a credit check.

They still require your permission to conduct such checks, the account that is being applied for is a current account which is an account that can have a credit facility. Quit being so pedantic, only trying to help the person who has posted.

colsten

pinkdalek wrote: »

They still require your permission to conduct such checks, the account that is being applied for is a current account which is an account that can have a credit facility. Quit being so pedantic, only trying to help the person who has posted.

It is important to understand the difference between an ID check and a credit check, and it is good that grumbler picked it up. Too many credit checks in a short space of time will work against you if you want further credit, whilst ID checks don't matter at all.

For current account applications, a credit check needs to be carried out in 99.99% of all cases. If you don't agree, your application gets abandonned. ID will be checked in 100% of cases, either against the bank's own records or against external data. A fraud check will also be carried out, using the National Hunter DB.

irm

I've opened about 12 new current accounts since February. Haven't been declined for any of them (yet) but that's a lot of credit searches sitting on my record for the next year or two. I just look at all the extra interest coming in and think... meh