which bank will take me on!!!!!

ceri

my husband and I both work so have regular incomes.(about £1800 per month)
Last year we lost our house and still have lots of debt, so our credit rating is zilch!
I'm currently with HSBC basic account and a direct debit bounced twice (even though I put money in the same day to cover the DD payment) they are now closing our account.
Therefore I'm looking around for new bank accounts (one preferably with a visa bank card). I've applied to about 5 now and they've all turned us down.

I'm really really worried now - what are we going to do? Can anyone out there steer me in the right direction

DanDan123

I dont think that anyone could tell you that any bank will accept you 100%. But might be worth trying the following, as i have poor credit and have had good experiences with them.

Natwest Step Account (Solo Debit Card)
Lloyds Cash Account (Visa Debit Card But can only be used to withdraw cash in Lloyds machines)
Alliance And Leceister Premier Direct (Visa Debit and is a full account)

All are basic accounts other than A&L but all seem to take people with bad credit history.

Good luck

MABLE

ceri wrote: »

my husband and I both work so have regular incomes.(about £1800 per month)
Last year we lost our house and still have lots of debt, so our credit rating is zilch!
I'm currently with HSBC basic account and a direct debit bounced twice (even though I put money in the same day to cover the DD payment) they are now closing our account.
Therefore I'm looking around for new bank accounts (one preferably with a visa bank card). I've applied to about 5 now and they've all turned us down.

I'm really really worried now - what are we going to do? Can anyone out there steer me in the right direction

Just to say sorry to hear things are tough at the moment and hope you soon get back on your feet. Yes definately try Lloyds as they are really helpful and as the op has mentioned you can have the cash card to withdraw from the cash machine.

brightonman123

sainsburysbank.co.uk afaik they dont do a credit check for the savings (cashcard) account- they also have an internet only account, paying 6% gross..

also check out the various pre-pay card accounts (Sun/Tuxedo, etc) - topup like a mobile, use like a normal credit card (but only upto what you have loaded!)

cifpower

Halifax EasyCash and Co-Operative Cashminder both come with a Visa Electron

Fedz

DanDan123 wrote: »

Lloyds Cash Account (Visa Debit Card But can only be used to withdraw cash in Lloyds machines)

Can you get cashback at supermarkets with this account - with it being Visa Debit?

jonesMUFCforever

Fedz wrote: »

Can you get cashback at supermarkets with this account - with it being Visa Debit?

Yes you can provided you have available balance to cover the whole transaction.

kkpolobear

Fedz wrote: »

Can you get cashback at supermarkets with this account - with it being Visa Debit?

it works as a normal visa debit card apart from it does online checking and of cause you can only use it in lloyds cash machines

zx2011

A complete list of basic banks accounts and information about them is at http://www.moneymadeclear.fsa.gov.uk/pdfs/bank_accounts.pdf

http://www.moneymadeclear.fsa.gov.uk is a great website about all money matters too.

Fedz

I've not got a Lloyds account - have HSBC, Halifax, Co-op, NatWest, Nationwide ....etc but, not Lloyds. I'll pop-in on Monday and apply to check 'em out

Thanks for the info guys - appreciated

ceri

Just want to thank everyone who took the trouble to respond.
I'm really looking for a basic bank account but one who allows you to pay in shops etc.

Lloyds sounds good!!!!

Thanks again