New bank account ahead of IVA

[flowerpot]

I wrote last week to say that I'd experience trouble opening a new account with Co-op. They would only honour an electron card and I really wanted a full debit card so that I can continue to order my groceries online to get maximum value for money!

I'm glad to report that I've actually now managed to open a new account with another high street bank with a full debit card.

I will go into the co-op and withdraw my balance and close the account, but I will also have to re-transfer all of my direct debits and payments from this account now.

Has anyone had any problems with their new bank accounts once their IVA was accepted (when the new bank are not a creditor)? i.e would they be likly to withdraw card facilities? or do they even get to find out you're in an IVA?

flowerpot

[chris.g]

I'm with co-op and have the electron card, I still use online shopping, never had a problem with it. Sometimes can't use it in certain shops but never had a problem online, yet....

[rayb]

Hi Flowepot,

Who did you go with in the end??

[kal]

I have a Lloyds TSB bank account, which gives debit card, but no cheque card - I opened it at the start of the IVA route, and we've just been accepted - so hope they don't close it.
Can't see why they would close an account if there are no credit facilities on it - not like we'll be running off with their overdraft money!
I can't have a Co-Op one as it is one of our creditors.
k.

[Sarah]

I opened one with Nat West before mine was accepted and it was completly fine...... they even try to get me to upgrade my account as they see i manage my money so well and dont go overdrawn..... i have explained to them i am in an IVA and they dont seem to mind at all

[flowerpot]

Its reassuring to hear from you all, thank-you for your post.

[angela18]

hi flowerpot, we got a co-op smile account. Didn't ask about anything re credit. Opened no problem, also opened an easycash account with Halifax, going to try and put shopping money etc into that if IVA accepted.. got it all worked out in head, just hope can folow through into practise[:I]