UK Bank Accounts For Those with Bad Credit If you try to open a standard UK personal current bank account complete with cheque book, cheque guarantee card, Switch or Visa Delta debit card and overdraft facility then you could be refused for any of the following reasons: - poor repayment history
- poor, adverse or bad credit (County Court Judgments - CCJs, Defaults)
- bankruptcy or IVAs
- a low credit score (low earnings, not at current address for long etc)
- a history of fraud (CIFAS flag)
- not being on the electoral register
You may not even know why you keep getting refused for a UK bank account and only an examination of your credit file will reveal any bad credit history. Even if your credit file is in good order your financial circumstances may mean that your resulting credit score is so low that you will still be refused a normal current bank account. Banks prefer customers with regular incomes that pay them into their bank accounts directly. For people in this position, some banks are now able to provide more than just a savings bank account. These new type of real bank accounts are called basic bank accounts. As you would expect, most basic bank accounts just provide the most basic of banking facilities. All of these new basic bank accounts provide ATM cash cards and services such as standing orders and direct debits. A few of these bank accounts will even provide debit cards such as the Solo and Visa Electron types. One that we know of will also provide a cheque book. "Oh and one more thing I think your site is excellent you have really put my mind at rest in a lot of things and I thank you for that. A lot of info is free that is usually paid for, I am seriously considering getting a current account through you when I next get paid as I only have a savings account." - C.S. UK
The only people they will generally refuse to open these basic UK bank accounts for are undischarged bankrupts (not always the case- see details our bank account information packs listed below ) and those with any history of fraud. A few examples of UK basic current bank accounts available include: Details of these basic bank accounts and all other information on this page correct as of 16th
March 2008. (Press Control-D To Bookmark This Page Now So You Can Easily Check For Regular Basic UK Bank Account Updates)
Lloyds TSB Basic Cash UK Bank Account This basic UK current bank account only comes with an ATM Cash Card. No debit card. Standing orders and direct debits. No undischarged bankrupts. No minimum opening balance. | Clydesdale Bank Readycash Basic UK Bank Account This Scottish basic bank account provides a LINK ATM card. No Solo debit card. Standing orders and direct debits. Internet/telephone banking. Pay in and withdraw funds from Post Offices. No undischarged bankrupts or history of fraud. Branches in Scotland and around London. |
You won't initially receive a cheque guarantee card or an overdraft facility with this type of basic bank account but with some banks these may be available after a period of responsible operation. However, one bank we know of will even provide a cheque book immediately and another very lenient institution will normally upgrade their basic bank account to full current account status with cheque book, cheque guarantee card plus an overdraft facility after just 6 months of responsible operation. With most banking institutions this is simply out of the question if you have a bad credit history. These basic bank accounts, which are generally not advertised or publicised (because they are not that profitable. They can't lend to those who are a bad credit risk), are available to almost anyone even if there are CCJs, defaults or arrears against your name or even if you are not on the electoral register. Some of these UK bank accounts are even available to those who are undischarged bankrupts. Visa Debit Card NEW Visa Debit Card  Cards are available in values of £300. NOT guaranteed but adverse credit considered. | 
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"Hi there, I recently purchased your uk bank accounts, which I found great.
- P. Ashcroft - UK Poor Credit History Personal UK Bank Accounts with Debit Card and/or Cheque Book If you want a non-status personal basic current bank account with one of the UK high street banks that provide bank accounts with a few more useful facilities than just a cash card or standing orders and direct debits then see the following bank account information. Provided you do not have a history of fraud then you will be accepted for these bank accounts. Both of our premium UK bank account information packs also come with details of all the UK bank accounts available to those who are bankrupt. "Just a note to thank you so much for the help you provided in obtaining a
bank account. Today I have just received my cash/debit card and pin number. This is all in spite of me having 3 CCJs and a mortgage repossession against me." - S.R. Cheshire, UK
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