Too many addresses - anything I can do?
I’m British but grew up abroad so no UK address until I came here for uni. Had to use my uni address to get a UK bank account. I moved house every year during my degree (4 addresses), worked for a year post-uni (+1 address) then started a PhD in a new city (+2 addresses since starting). As it’s my only UK address, I’ve changed the address linked to my bank account every time I’ve moved - which comes to 7 times in 8 years.
2 years (and 1 address) ago I applied online for a basic credit card with HSBC. Declined - checked my credit score and it was okay apart from having no proper credit history. I thought moving house all the time was most likely their issue with me. (Unless they don’t like lending to PhD students as we’re low income? Not sure)
This week I tried to switch bank accounts to NatWest - and was immediately declined for their basic current account. Could moving so frequently hurt my credit score to the point where I can’t even get a bank account?? Have never had an overdraft (wasn’t able to get one when I started uni as I counted as an international student) or a credit card so I don’t know where else my bad credit might be coming from.
Can I mitigate the effect of moving on my credit score in any way? I thought perhaps applying to a credit card for people with bad credit to build up some history - but this wouldn’t change how many addresses I’ve had so banks will still have this reason to decline me for credit cards/accounts. After my PhD is over I’ll begin job hunting so I’ll probably move again to wherever I can get a job. So I’m not going to settle down for a while. Would a credit card for people with bad credit also decline me for moving too many times, or are they more forgiving of this?