Archive for the ‘Bad Credit Bank Accounts’ Category

The Basic Bank Account

A bank account is very much a nesseccity in today’s times – everything to do with money seems to include a bank account. Direct debits, standing orders, having your wages paid in, writing cheques, they all require bank account.

The problem is that getting a bank account from a UK high street bank isn’t guaranteed if you have a bad credit history. It seems silly that as we rely upon a bank account they can seem out of reach  for many people.

There are solutions to the problem though thanks to some high street banks as they do offer what is called a “Basic Bank Account”. These types of accounts are specifically for people who have a less than perfect credit history but still need a bank account to pay direct debits from and to have their salary paid in to.

So what is the difference between a ‘normal’ bank account and a Basic Bank Account?

Well, usually, a basic bank account just offers the basic banking facilities which include being able to have your salary paid directly in to your bank account, and the ability to pay direct debits and standing orders. A Basic Bank Account will normally include a cash card that can be used to withdraw money from any cash machine (ATM).

The cash card which is issued with a Basic Bank Account does not offer any form of electronic payment option which means you cannot use the card to pay for goods in a shop, over the phone or via the internet. Although, depending upon your credit rating and the issuing bank, they may issue you with a “Visa Electron” debit card or a “Solo” debit card. With either of these cards you can pay for goods in shops, and in some instances online but you cannot spend more than what is currently available in your bank account. This prevents you from going overdrawn and incurring charges from your bank.

It is worth asking each bank what facilities they offer with their Basic Bank Accounts to make sure you get the best deal as even a “Visa Electron” or “Solo” debit card is better than just a cash card (ATM).

Basic Bank Account – Your Other Options

Even if you do have bad credit, in fact, even if you are subject to an IVA or are currently Bankrupt, you can still get a full bank account with all of the normal banking options available to you. There are specialist companies which are able to get you the bank account that you really want so you don’t have to settle for just a Basic Bank Account.

Below is a list of such companies who you can use to open any kind of bank account regardless of your credit history. Bad Credit, No Credit, IVA or Bankrupt – it makes no difference – you can still get the kind of bank account you deserve. As an extra advantage with these bank accounts is that they also include a Mastercard – guaranteed.

• Bankrupt/IVA Bank Account – Click Here

• High Street Bank Account – Click Here

Bad Credit Bank Accounts

You can get a UK bank account regardless of your bad credit history. You can even get a UK Bank account if you have an IVA or have been declared bankrupt

Had enough of your bank?

You’re not alone. Thousands of business owners, professionals and UK residents are trapped in a relationship with a bank, leaving them feeling both let-down and stifled. It doesn’t help that the UK banking industry makes applicants jump through many hoops if they don’t fit their perceived model of the low-risk client.

In todays current financial climate where the credit crunch is affecting everyone in the UK, getting a bank account is becoming increasingly difficult. It seems that ‘bad credit and bank accounts’ don’t mix.

What many people do not realise is thatit is possible to get a UK bank account regardless of your credit history, both current or past – you can get a UK bank account even if you are subject to an IVA or even Bankrupt – having bad credit doesn’t mean you can’t have a bank account.

Whatever your present or past financial circumstance or history, did you ever think that you could simply buy yourself a bank account to meet your requirements and expectations without the application based only on a credit check?

Now, you can.

All of the accounts listed below are guaranteed to be opened for you regardless of your past or present financial situation plus they inlcude a MasterCard – Guaranteed.

Please note only residents and citizens of the UK may apply.

Bad Credit Bank Accounts:

• Bankrupt/IVA Bank Account – Click Here

• High Street Bank Account – Click Here

Remember, these are links to Guaranteed Bank Accounts that can be opened regardless of your Bad Credit History. Even if you have an IVA or are currently Bankrupt, you can still open a new bank acount, guaranteed.