Bankruptcy friendly Bank Account

James-may

Wannabedebtfree21 said:

James-may said:

I got s HSBC basic account 

Did you have any issues accessing your account or even money when you were declared bankrupt, if in fact you did declare bankruptcy?

It was a dro, not sure if there's a legal practical difference to bankrupt.
It wasn't affected at all, the account is just like any other account, contactless card etc, but it has no facility for overdraft in it.

Wannabedebtfree21

Ok thanks James, and how do you find the bank themselves, I am now a little put off from using it after reading endless amounts of negative reviews via Trustpilot........ having said that my current bank, Santander have a very similar ‘poor’ rating and I can’t fault them personally. Always been very helpful. 

James-may

Wannabedebtfree21 said:

Ok thanks James, and how do you find the bank themselves, I am now a little put off from using it after reading endless amounts of negative reviews via Trustpilot........ having said that my current bank, Santander have a very similar ‘poor’ rating and I can’t fault them personally. Always been very helpful. 

I suppose it might depend what you use it for.
For me it's a place to pay wages in and pay bills out of.
I use the phone app and have rarely needed to speak to anyone so can't really speak about customer service.
The few times I have visited a physical bank, they have seemed orientated towards businesses rather than individual current account holders, but as I say, Im rarely there.

I did notice that they let you withdraw every penny you have, so if you have 1p in your account, you can withdraw £10, leaving your account £9.99 overdrawn, but they don't charge you for using that.
Not a huge thing, but can be handy if you find yourself very short at end of week one day.