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Savings Accout & Credit Checks

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Hiya


Do banks credit check you to open a savings account? I'm looking at opening one with Tesco, however I have been turned down for a current account previously (with another bank) due to my credit history.


Thanks in advance

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  • Candyapple
    Candyapple Posts: 3,384 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It won't be a credit-check as such; it'll be an ID verification so will probably show up as anti-money laundering check on your files (it will be classed as a soft search so lenders won't see it).
    I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com
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