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    • Loulabelle80
    • By Loulabelle80 8th May 18, 8:58 PM
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    Loulabelle80
    Joint bank account?
    • #1
    • 8th May 18, 8:58 PM
    Joint bank account? 8th May 18 at 8:58 PM
    Hi, Im after some advice.
    Not sure if posting in correct place.
    I have a poor credit record, husband has a good record. I have avoided joint bank accounts as don't want to affect him in anyway, and have told him this, but he keeps pestering for a joint account (we earn the same give or take a couple hundred quid a month) as it would make everything simpler! so my questions are;
    1) I can only open a basic account, as a joint account could it be possible that we would be eligible for a 'normal' current account even with my poor record?

    2) how much would it affect him, and would it only affect him on any future credit applications?

    We are not planning on getting loans, re mortgage (current mortgage in his name only) or anything credit wise. He is very much a saver, against borrowing, and I would think twice about spending money if we had a joint account, and we would be able to save easier.
    I did think that if it affected him too much we could close account down and disassociate from each other financially....thoughts please?
Page 1
    • Dobbibill
    • By Dobbibill 8th May 18, 9:55 PM
    • 3,065 Posts
    • 3,985 Thanks
    Dobbibill
    • #2
    • 8th May 18, 9:55 PM
    • #2
    • 8th May 18, 9:55 PM
    If you are not already financially linked why would you want to create that link.

    You never know when you may need to make an application for credit so why risk infecting your OH with a bad association.

    Continue as you are until you improve your history.

    Others may be along with opposing views, that is just IMHO.
    I'm a Board Guide on the Energy, Student Money Saving, UK Armed Forces and
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    It's not about being the best -
    It's about being better than you were yesterday.
    • jonesMUFCforever
    • By jonesMUFCforever 8th May 18, 10:12 PM
    • 24,770 Posts
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    jonesMUFCforever
    • #3
    • 8th May 18, 10:12 PM
    • #3
    • 8th May 18, 10:12 PM
    I totally agree with the above post.
    What goes around - comes around
    give lots and you will always receive lots
    • Zero Sum
    • By Zero Sum 9th May 18, 7:03 AM
    • 371 Posts
    • 280 Thanks
    Zero Sum
    • #4
    • 9th May 18, 7:03 AM
    • #4
    • 9th May 18, 7:03 AM
    Personally i dont understand the need for joint bank accounts.
    Sounds like your relationship is a bit like mine. I'm the fiscal savvy one, own the house etc. Partner cant not spend & has debts.
    Having seperate bank accounts gives each other a bit of independence and also avoids arguments over money.

    If its just a case of wanting to save a bit more, then why not just tansfer hubby some money once a month to put away for savings. At least then if you dont have it, it removes the tempration to spend.
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