** IVA Friendly Bank Accounts

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Mxlee8

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Post by Mxlee8 » Tue Apr 02, 2019 9:19 am
I need to change bank accounts.

Which account should I apply for with a perfectly fine with a iva. Not too fussed on contactless card and all that.

Thank you

Lisa Thomas

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Post by Lisa Thomas » Tue Apr 02, 2019 9:46 am
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk

Foggy

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Post by Foggy » Tue Apr 02, 2019 9:50 am
I had a Co-Op Cashminder account ( two actually) during my IVA and I believe they are pretty popular.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk

Ryan

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Post by Ryan » Tue Apr 02, 2019 12:22 pm
The Co-op does seem to be a popular choice.

Regards
Ryan Radford
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Paul.61

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Post by Paul.61 » Tue Apr 02, 2019 1:42 pm
Swapped to a co-op cashminder account for the duration of my IVA and had no problems at all but I did manage the account responsibly so no idea what they are like if you mismanage your account.
Still bank with the co-op now.

MerlinL14

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Post by MerlinL14 » Tue Apr 02, 2019 1:52 pm
Barclays do a basic account, still has visa debit card and direct debit functions.
Last Payment made 04/12/14. Completion Certificate 25/7/15. IVA company GT. No Issues

Vince_100

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Post by Vince_100 » Tue Apr 02, 2019 2:14 pm
I opened santandar account with contactless card. Also a co-op smart saver account

kallis3

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Post by kallis3 » Tue Apr 02, 2019 3:49 pm
Also Nationwide are good.

Surprised you were able to get a savers account - Co-op aren't known for giving them out.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Mark Bruton

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Post by Mark Bruton » Tue Apr 02, 2019 5:40 pm
co-op here as well never had an issue with them

Mrs_Brown

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Post by Mrs_Brown » Tue Apr 02, 2019 7:00 pm
I read somewhere about Monzo, I quite like them myself, but I only use my account with them as a secondary account to my co-op account, somewhere I can stash those allowances I need to save and little extras like the council tax I haven't paid on Feb / Mar and my share of any overtime.

sue934

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Post by sue934 » Tue Apr 02, 2019 7:07 pm
Co-op here too.
I have not had any problems and stayed with them after I finished my IVA.

Foggy

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Post by Foggy » Tue Apr 02, 2019 7:14 pm
As soon as my credit file cleared the Co-Op converted me to a full account and offered me a credit card !
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
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