Savings account?

GazHatesBanks

I found with the Co-op that they would allow an ISA straight away, but the savings account was rejected (no I couldn't work out the logic either!).

elljay

S*d them I'm afraid! I have now joined a Credit Union and very pleased I am too. In fact, I don't know why I didn't think of it before I tried with Co-op. The uses that Credit Unions will put my money to are far better than the Co-op will.

Incidentally, to join the Co-op, I just filled out their online form and submitted it that way. And was rejected that way too!! As a former First Direct customer, I really can't be doing with going into branches and being made to feel humiliated! It's miles to the nearest town and what with parking, Christmas songs, silly hats - ergh, I'm staying away!

Have just made my first deposit of £400, very happy!

LJ

TheGardener

elljay wrote: »

S*d them I'm afraid! I have now joined a Credit Union and very pleased I am too. In fact, I don't know why I didn't think of it before I tried with Co-op. The uses that Credit Unions will put my money to are far better than the Co-op will.

Have just made my first deposit of £400, very happy!

LJ

:j I am so pleased you went with a CU - I am a complete convert and have banged on about them on this forum in the past to the point of being a bore. Once you have been a regular saver with them - they will also offer you the option (in most cases) of small loans if you ever need one.

elljay

TheGardener wrote: »

:j I am so pleased you went with a CU - I am a complete convert and have banged on about them on this forum in the past to the point of being a bore. Once you have been a regular saver with them - they will also offer you the option (in most cases) of small loans if you ever need one.

I'm so pleased too, the one I've gone for offers everything I need. I looked into them a while ago in readiness for when I actually had some money but when it came to it, completely forgot! So thank you Co-op for turning me down. Looking at some of the projects it supports, I'm completely in favour and my share of my aunty's house, once sold, will be winging their way.

elljay

After having been turned down for a Co-op savings account as mentioned previously, I have now had one of those automated notifications from Equifax to say that my Credit report has changed.

Is it likely that the Co-op search has adversely affected my credit rating? I'm not a subscribed member but will be able to check the 2 free services in about a week's time so not going to pay unless I really need to.,

Surely applying for a savings account would be a good mark not a negative one? Surely? Does anyone know please?

Thanks

LJ