Parachute Accounts

[Spiceskull]

...they are obviously getting snowed under with requests for new accounts. Just received two letters regarding my applications, asking me to sign the 'enclosed' forms...only trouble is they forgot to enclose the forms...

 

Maybe they don't want new customers any more.

[Spiceskull]

Updated:

 

One of them asked me to sign a form - the other turned me down after a check with Experian. Therefore, I want to know why, and have requested my credit file, as no-one has ever informed me that a notice against my credit file has been lodged...surely you have a right to be notified...don't you?

[Spiceskull]

Update (from yesterday): rang with a query, and was able to open a Co-Op Cashminder account there and then!

 

If you ring the Co Op on:

0161 947 7135 - they will try to fob you off with an 0845 number. Ask nicely and firmly, and they should put you through (much cheaper...)

 

I asked if I could open the account online, the young lady said I could do it on the 'phone. They clearly have to go through the ten minute spiel (personal details and the like) and make a couple of checks to prevent money laundering. No check against CRA (this is a non-overdraft account) - and the account is accepted.

 

A few days later you will receive the documents in the post (actually, mine turned up this morning!!!), sign, send proof of ID, and the account is yours...

 

Painless, efficient and incredibly convenient. Dare I say "well done Co-Op?"

[cheddar]

Update (from yesterday): rang with a query, and was able to open a Co-Op Cashminder account there and then!

 

If you ring the Co Op on:

0161 947 7135 - they will try to fob you off with an 0845 number. Ask nicely and firmly, and they should put you through (much cheaper...)

 

I asked if I could open the account online, the young lady said I could do it on the 'phone. They clearly have to go through the ten minute spiel (personal details and the like) and make a couple of checks to prevent money laundering. No check against CRA (this is a non-overdraft account) - and the account is accepted.

 

A few days later you will receive the documents in the post (actually, mine turned up this morning!!!), sign, send proof of ID, and the account is yours...

 

Painless, efficient and incredibly convenient. Dare I say "well done Co-Op?"

 

My hubby did this and they still turned him down, we have never found out why.

[Janet-M]

Maybe your credit file was too good so they scored you low.I have heard of someone being refused as they have had no debt ,paid all their bills on time and owed no money to anyone.Bank thought they where not a good customer as they would make no money from them.A good customerto a bank is someone who goes into debt but pays a small amount back regularly and on time.A customer like that can make them a lot of money.

[Spiceskull]

Guys - I think you missed the point on this: the whole concept of the cashminder account is that they don't do a credit check because you will not be getting any credit facilities...clearly there must be an additional factor in Mr Cheddar's case...

[jas 4]

Can anyone help with a bank account for someone who is not on the electoral register, has had adverse credit in the past and is now trying to start all over again. Recently applied for a Nat West step account but was refused even after bringing in passport, utility bill etc...

 

Thanks:)

[cumbria123]

Try online with Nationwide flex account, I did it in ten minutes, no problems.

[welly]

Can anyone help with a bank account for someone who is not on the electoral register, has had adverse credit in the past and is now trying to start all over again. Recently applied for a Nat West step account but was refused even after bringing in passport, utility bill etc...

 

Thanks:)

 

Tell them to go for the one's with cash cards only and not debitcards try nationwide or the post office.

 

If he is not on the electoral this may be hard.

 

Others may have some more for you:)

[jas 4]

Tell them to go for the one's with cash cards only and not debitcards try nationwide or the post office.

 

If he is not on the electoral this may be hard.

 

Others may have some more for you:)

 

Will pass the advice on, but doesn't it alter your credit rating if you apply and are turned down for bank accounts??

 

Thanks for the advice though....:-|

[towiedyer]

Natwest are continually calling and trying to move me up from my Step account.

 

They are talking about savings accounts, cheque books and overdrafts.

 

Poor souls, it's only an account in case the Scabbey close my other account.

 

I'll keep them calling, I actually enjoy having a bank chase me for business, fully knowing I'm never going to upgrade the account.

[Spiceskull]

This topic was closed on 03/07/19.

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