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Upgrading Halifax Current Account

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~Beanie~
~Beanie~ Posts: 3,043 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
in Budgeting & bank accounts
I currently have a Halifax cardcash account,due to past issues with debts and due to this, a rubbish credit score.

My defaults/late payments and all other adverse data have now disappeared from my credit files (I have checked all 3), my credit score (yes, I know the number is meaningless) is all good and so I ideally want to upgrade to a better current account.

I have tried this via my online banking and it says that all they can offer me is a basic account. I might as well keep my cardcash one!

Is this because they don't offer the cardcash any more and the basic current account is the new equivalent? If so, would I be better trying to open a 'normal' current account rather than trying to convert the one I already have?
:p

Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Your "adverse data" disappeared from the public domain only. Halifax can an will store for much longer.
    IMO your chances or getting a better account with any unrelated bank are higher.
  • diamonds
    diamonds Posts: 6,048 Forumite
    Debt-free and Proud!
    The basic account is a current account, with a visa debit card.

    Run it well for 6 months and you may then get upgraded to a Reward A/C where they pay you £5 a month ;)


    http://www.halifax.co.uk/bankaccounts/current-accounts/basic-account/
    SO... now England its the Scots turn to say dont leave the UK, stay in Europe with us in the UK, dont let the tories fool you like they did us with empty lies... You will be leaving the UK aswell as Europe ;)
  • ~Beanie~
    ~Beanie~ Posts: 3,043 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    diamonds wrote: »
    The basic account is a current account, with a visa debit card.

    Run it well for 6 months and you may then get upgraded to a Reward A/C where they pay you £5 a month ;)


    http://www.halifax.co.uk/bankaccounts/current-accounts/basic-account/

    The cardcash account is also a current account with a visa debit card and I have had this account for 15 years, always run well. I wanted a contactless card mainly :D

    I'll probably just keep the one I've got, as I said, it does everything I need except contactless!!
    :p
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ~Beanie~ wrote: »
    I wanted a contactless card mainly :D
    http://www.nationwide.co.uk/products/current-accounts/flexbasic/features-and-benefits
  • diamonds
    diamonds Posts: 6,048 Forumite
    Debt-free and Proud!
    As mentioned before try another bank outside Lloyds Group.


    TSB left Lloyds and their Classic Plus ac gives 5% back on a contactless card upto the first £100 contactless or ApplePay:)

    http://www.tsb.co.uk/plusness/


    http://www.tsb.co.uk/plussest/555-cashback-terms-and-conditions.pdf
    SO... now England its the Scots turn to say dont leave the UK, stay in Europe with us in the UK, dont let the tories fool you like they did us with empty lies... You will be leaving the UK aswell as Europe ;)
  • Westie983
    Westie983 Posts: 5,215 Forumite
    Tenth Anniversary 1,000 Posts I've been Money Tipped! Name Dropper
    Check the internal score at Halifax, they will tell you if you qualify for a upgrade, if not keep asking as the information changes monthly.
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
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    Total £4095.19/£7332.95 = 55.84%
  • 20aday
    20aday Posts: 2,610 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker PPI Party Pooper
    Westie983 wrote: »
    Check the internal score at Halifax, they will tell you if you qualify for a upgrade, if not keep asking as the information changes monthly.

    From what Lloyds told me last year their Internal "score" usually refreshes on/around the 14th of each month.
    It's not your credit score that counts, it's your credit history. Any replies are my own personal opinion and not a representation of my employer.
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