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Posted: Tue Mar 20, 2007 6:02 pm
by Red
Hi everyone
I'm new to the forum and wanted some help re: bank accounts
I'm in the process of applying for IVA and wondered what bank account I could open based on my creditors, who are:
HSBC
Tesco / RBS
Cahoot
MBNA / Virgin
monument
mint
halifax
barclaycard
Goldfish
I was in the process of opening an Abbey account but understand that cahoot are a subsidiary of the Abbey - does this matter?
Thanks
Posted: Tue Mar 20, 2007 7:54 pm
by neverending
I think that it may be.
why not try the Co-op bank,they have had a good press on this forum
Regards
Posted: Tue Mar 20, 2007 8:11 pm
by Red
Thanks Neverending
Posted: Wed Mar 21, 2007 8:43 am
by i_a
I opened a Basic account with Nationwide in 10 minutes - they were brilliant.
No chequebook or debit card but you get a cashcard and Internet Banking.
Posted: Wed Mar 21, 2007 12:02 pm
by Oliver
I have heard alot of good fedback on the Nationwide Flex account which is available to people who are in IVAs.
Best Regards
Oliver
Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at:
www.thomascharles.com/about_us.asp
Posted: Wed Mar 21, 2007 6:42 pm
by Red
Thanks everyone for your advice
Decided to go with co-operative as they have debit card with there basic account as opposed to only a cash card with the nationwide basic.
Application sorted in 10 mins - agreed in principle [:)] - have to wait 48 hours for confirmation.
Posted: Thu Mar 22, 2007 12:15 pm
by neverending
Thats good news Red
Can you let this forum know once your account is confirmed as it will help other people.
regards
Posted: Thu Mar 22, 2007 12:35 pm
by Oliver
Sounds excellent. My only worry would be the limited number of branches in the UK.
Best Regards
Oliver
Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at:
www.thomascharles.com/about_us.asp
Posted: Thu Mar 22, 2007 12:43 pm
by Skippy
I'm not too worried about the lack of branches as you can pay money in at the Post Office. I actually prefer talking to the bank over the phone as it's more private - I went in Nationwide a couple of days ago and their idea of privacy was a desk at one end of the bank! I had to whisper otherwise everyone in the queue would have know I was petitioning for BR!
Onwards and upwards!!!
Posted: Thu Mar 22, 2007 11:37 pm
by lotsofdebt
I opened an account with Alliance & Leicester over the internet - agreed in principle in half an hour then received account details, pin numbers etc through post and am awaiting debit card due in next 7 working days. No mention of IVA on internet forms only CCJs.
Posted: Fri Mar 23, 2007 8:17 pm
by Red
Contacted Co-operative bank today and the application has been accepted and confirmed!!! great news. I should recieve account details etc within next couple of working days. [:D]