New account required previous adverse credit

onthefencepost

parksajj wrote: »

Stick with HSBC

Any reason as to why?
Apart from it reflecting positively on my credit file.

colsten

You don't have to give up your HSBC account just because you want a second account elsewhere.

john1002

Regarding nationwide they don't bug you could apply for a credit card and use the soft search, if it comes back with a decent limit above 1000 say and below a 19.9% APR then you might have a good chance on the current account anything else will be a likely decline.

John

onthefencepost

colsten wrote: »

You don't have to give up your HSBC account just because you want a second account elsewhere.

ok, so basically when i open a new account i avoid the switching service this will avoid my old account to remain open and i just manually bring over my DD and standing orders etc?

Thanks

onthefencepost

john1002 wrote: »

Regarding nationwide they don't bug you could apply for a credit card and use the soft search, if it comes back with a decent limit above 1000 say and below a 19.9% APR then you might have a good chance on the current account anything else will be a likely decline.

John

Hi John,

Do you have a link to there soft search i cannot find it on there website.

My gut tells me to wait but the only difference in a few months will be few more positive updates on my credit file from my credit card and catologe which incidentally i've only held for a few months.

colsten

onthefencepost wrote: »

ok, so basically when i open a new account i avoid the switching service this will avoid my old account to remain open and i just manually bring over my DD and standing orders etc?

yes you can do that

Archi_Bald

As I already commented in your other thread a few hours ago, start with a FlexBasic application.

onthefencepost

Archi_Bald wrote: »

As I already a few hours ago, start with a FlexBasic application.

Hi Archie,

Thanks for your post.
If i applied for one of their package accounts and get declined, a decision which will appeal and say still fail could i in that short period of time apply for a basic account.

Furthermore you said on the thread after 6-12 months i can upgrade is this pre-approved system i.e how my account has ran or is there a external influence via the form of a credit search?

Thanks

Archi_Bald

I suggested that you start with a FlexBasic application, not a FlexPlus one. Are you sure it was me who said you can upgrade after 6-12 months?

onthefencepost

Archi_Bald wrote: »

I suggested that you start with a FlexBasic application, not a FlexPlus one. Are you sure it was me who said you can upgrade after 6-12 months?

Hi Archie,

May have been someone else.
Ive got a full account with HSBC really want to upgrade to a packaged account.
Is it looked on favorably having a basic account and then asking for a upgrade? Is this upgrade done under a pre-approved basis or is it subject to a credit search?

Thanks