Do basic bank accounts show on credit file?

Pheriche

A number of banks offer something called a basic account, which seems to be distinguished by offering no credit facilities. If there is no possibility of borrowing, do such accounts appear on credit files? If not, would there be any way for a potential mortgage lender to tell that someone had such an account?

LippyDoodle

My understanding of it is that whenever you apply to open a bank account there is always a credit check. This is to make sure you are who you are. So yes basic bank accounts will still show on your credit file. 

[Deleted User]

There's nothing to stop them appearing, if the bank chooses to. Even without credit being offered, it's possible to go overdrawn.

I would expect it to appear on your files, so make sure you manage it properly in any event.

sourcrates

They do appear on your files, but always show a zero balance.

Most basic accounts only require an identity check, not a full credit check, as there is no facility for borrowing allowed.

ItsComingRome

sourcrates said:

They do appear on your files, but always show a zero balance.

Most basic accounts only require an identity check, not a full credit check, as there is no facility for borrowing allowed.

Wrong.

Most basic bank accounts require a credit check because they're only offered if the applicant fails to qualify for a full-fat current account.

Even before the rule change forcing banks to offer facilities to pretty much everyone basic bank accounts mostly had credit checks.

sourcrates

ItsComingRome said:

sourcrates said:

They do appear on your files, but always show a zero balance.

Most basic accounts only require an identity check, not a full credit check, as there is no facility for borrowing allowed.

Wrong.

Most basic bank accounts require a credit check because they're only offered if the applicant fails to qualify for a full-fat current account.

Even before the rule change forcing banks to offer facilities to pretty much everyone basic bank accounts mostly had credit checks.

Ha ha, ok then what I should have said is you don`t need to pass a credit check in order to obtain a basic bank account.

Some banks do allow you to apply directly for the basic account, Nationwide being a good example.

ItsComingRome

sourcrates said:

ItsComingRome said:

sourcrates said:

They do appear on your files, but always show a zero balance.

Most basic accounts only require an identity check, not a full credit check, as there is no facility for borrowing allowed.

Wrong.

Most basic bank accounts require a credit check because they're only offered if the applicant fails to qualify for a full-fat current account.

Even before the rule change forcing banks to offer facilities to pretty much everyone basic bank accounts mostly had credit checks.

Ha ha, ok then what I should have said is you don`t need to pass a credit check in order to obtain a basic bank account.

Some banks do allow you to apply directly for the basic account, Nationwide being a good example.

Not quite, no.

Check which current accounts we can offer you

Before you can apply for a FlexBasic account, we need to check your eligibility for our other current accounts.

sourcrates

ItsComingRome said:

sourcrates said:

ItsComingRome said:

sourcrates said:

They do appear on your files, but always show a zero balance.

Most basic accounts only require an identity check, not a full credit check, as there is no facility for borrowing allowed.

Wrong.

Most basic bank accounts require a credit check because they're only offered if the applicant fails to qualify for a full-fat current account.

Even before the rule change forcing banks to offer facilities to pretty much everyone basic bank accounts mostly had credit checks.

Ha ha, ok then what I should have said is you don`t need to pass a credit check in order to obtain a basic bank account.

Some banks do allow you to apply directly for the basic account, Nationwide being a good example.

Not quite, no.

Check which current accounts we can offer you

Before you can apply for a FlexBasic account, we need to check your eligibility for our other current accounts.

Your still applying for the flex basic no matter what other accounts you are checked for first.