Posted: Fri Sep 18, 2015 6:44 pm
When I started my IVA I was steered towards Secure Trust Bank, not knowing any different I went with what my IP was suggesting even though it was a paid account. In year 4 I decided that I wanted a 'proper' high street account and after searching about settled with trying Barclay's. They weren't a creditor so I thought I at least stood a chance with them. I applied online only to be told that I needed to go to a branch as I was in an IVA. They made all the arrangements and I met with a very understanding staff member who told me the IVA was not a barrier to getting an account. Although I would not be offered their current account I could apply for a Cash Card account, Visa debit, DD and SO facilities, online and phone banking. No overdraft or loans available. I applied for and was accepted for this account and have kept my account in the black every month. Once my IVA was over I had all the extra cash in my account that had gone to pay my IVA, we stayed on the same budget and haven't gone mental on spending since. My CC was issued in July and obviously Barclays have been informed as today I receive a letter from them stating that as of 16 Oct 2015 I will be upgraded to a full Current Account with all the 'normal' benefits, overdraft, contactless card, Barclay card (if I want one)etc. I am well impressed as I was/am happy with the cash card account as it is and really didn't expect any changes until well after the 6 year drop off point of my defaults. So if you are looking for a high street bank, that isn't one of your creditors, then give Barclays a go.