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Cifas marker, now no bank account

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My son looks to have a marker against him as his bank advised him if suspicious activity on his account this account was then closed. He opened another account with a different bank but now 2 months later this has been closed. Will he be accepted for a prepaid account anywhere?

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  • Grizebeck
    Grizebeck Posts: 3,967 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    Chose a building society account (a basic one) to manage his money.but yes would get a pre paid one if he cant manage with just a basic account
  • DingerUK
    DingerUK Posts: 76 Forumite
    Part of the Furniture 10 Posts Photogenic Name Dropper
    edited 30 August 2022 at 8:43PM
    A credit union account may also be useful, I’ve no experience of applying with a CIFAS marker, but they’d certainly be able to advise. Most offer a prepaid card along with the more usual savings and loans
  • TimSynths
    TimSynths Posts: 603 Forumite
    500 Posts Third Anniversary Name Dropper Photogenic
    Generally no one will touch him with a barge pole for the next six years including building societies. 
  • Grizebeck
    Grizebeck Posts: 3,967 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    TimSynths said:
    Generally no one will touch him with a barge pole for the next six years including building societies. 
    That isnt true
    He will no issue getting an account with the likes of the Cumberland/coventry/yorkshire/mansfield etc (obvs depending on where they are in the UK)
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ajk22 said:
    My son looks to have a marker against him as his bank advised him if suspicious activity on his account this account was then closed.
    Was there really any 'suspicious activity' that couldn't be explained?


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