List of banks with hard vs soft searches for current accounts

PloughmansLunch

WLewer98 said:

Just checked my credit report and Monzo did a hard search on me last month. I know for a fact that I didn't apply for an overdraft, so maybe a hard search is the norm for them 

That’s odd - I’ve checked Experian and TransUnion recently and deffo no hard Monzo check for me, but there are 2 soft checks - AF & Quotation Search

EDIT: OP - please add Co-op (Cashminder) to soft search. I think other bog-standard basic accounts may also just have a soft search only due to their nature, and would still work for switching. https://www.moneysavingexpert.com/banking/basic-bank-accounts/

pecunianonolet

PloughmansLunch said:

WLewer98 said:

Just checked my credit report and Monzo did a hard search on me last month. I know for a fact that I didn't apply for an overdraft, so maybe a hard search is the norm for them 

That’s odd - I’ve checked Experian and TransUnion recently and deffo no hard Monzo check for me, but there are 2 soft checks - AF & Quotation Search

EDIT: OP - please add Co-op (Cashminder) to soft search. I think other bog-standard basic accounts may also just have a soft search only due to their nature, and would still work for switching. https://www.moneysavingexpert.com/banking/basic-bank-accounts/

Added but not sure on the switching bit as it's technically not a current account. Worth it's own discussion.

pantaiema

ccdorset said:

ccdorset said:

Looks like it's not clear whether Metro Bank do a hard or soft search.

I'm going to apply today, so will report back on whether they hard search me. Realise it may take a while to show.

So I've applied for and opened a Metro Bank current account.

No alerts of hard searches yet, will keep an eye on my credit reports across Experian, Equifax and TransUnion over the next few weeks.

Did you apply online or you goto the branch, over the phone ? I could not see any tabs, to apply online using existing detail that I already have.

ccdorset

pantaiema said:

ccdorset said:

ccdorset said:

Looks like it's not clear whether Metro Bank do a hard or soft search.

I'm going to apply today, so will report back on whether they hard search me. Realise it may take a while to show.

So I've applied for and opened a Metro Bank current account.

No alerts of hard searches yet, will keep an eye on my credit reports across Experian, Equifax and TransUnion over the next few weeks.

Did you apply online or you goto the branch, over the phone ? I could not see any tabs, to apply online using existing detail that I already have.

I applied online.

On their home page, click on Bank Accounts, then Current Accounts and then there is an Apply today button.

WLewer98

ccdorset said:

ccdorset said:

Looks like it's not clear whether Metro Bank do a hard or soft search.

I'm going to apply today, so will report back on whether they hard search me. Realise it may take a while to show.

So I've applied for and opened a Metro Bank current account.

No alerts of hard searches yet, will keep an eye on my credit reports across Experian, Equifax and TransUnion over the next few weeks.

@ccdorset

Please could you confirm if Metro Bank did a hard or soft search on you? Thanks

ccdorset

WLewer98 said:

ccdorset said:

ccdorset said:

Looks like it's not clear whether Metro Bank do a hard or soft search.

I'm going to apply today, so will report back on whether they hard search me. Realise it may take a while to show.

So I've applied for and opened a Metro Bank current account.

No alerts of hard searches yet, will keep an eye on my credit reports across Experian, Equifax and TransUnion over the next few weeks.

@ccdorset

Please could you confirm if Metro Bank did a hard or soft search on you? Thanks

Just checked my credit reports again and only a soft search showing on Equifax at the moment from Metro. :-)

flaneurs_lobster

ccdorset said:

WLewer98 said:

ccdorset said:

ccdorset said:

Looks like it's not clear whether Metro Bank do a hard or soft search.

I'm going to apply today, so will report back on whether they hard search me. Realise it may take a while to show.

So I've applied for and opened a Metro Bank current account.

No alerts of hard searches yet, will keep an eye on my credit reports across Experian, Equifax and TransUnion over the next few weeks.

@ccdorset

Please could you confirm if Metro Bank did a hard or soft search on you? Thanks

Just checked my credit reports again and only a soft search showing on Equifax at the moment from Metro. :-)

Ditto, only soft searches.

mouseclick

Kroo does a soft search when opening an account and a hard search with Transunion when accepting an overdraft invite.

trient

Cater Allen only do a soft search (most likely because they don't offer overdraft facilities).

pecunianonolet

trient said:

Cater Allen only do a soft search (most likely because they don't offer overdraft facilities).

Some even do a hard search, regardless if overdraft is requested or not.