No credit check basic bank accounts for bad credit

When you go to a bank to get a bank account they hope you are a wealthy person that wants a paid subscription bank account, but they will only give you one when they have done due diligence on you.

If you have moved around a lot, have some bad credit history in the form of ccj’s, defaults and missed payments or you are not on voters roll, its likely that you will get rejected for such a status bank account, because of the credit checking process they use.

With a status bank account, you are usually given a more  powerful debit card, a cheque book and other high trust assets that if you were irresponsible you could cause a lot of trouble for the bank.
If you have a poor credit history or any adverse elements to your credit profile, you are probably much better off applying for a no credit check basic bank account.

Most high street banks have basic bank accounts available.  As long as you have some form of government issued proof of identity, and you don’t have a history of fraud, and you are not an un-discharged bankrupt, you can get a basic bank account with no credit check regardless of your bad credit history.

It’s hard to get a proper visa debit card, but sometimes you can get an ATM cash card or a solo or visa electron card.  The visa electron card does have some benefits if you want to book at cheap flight, they have little or no surcharge on them.

So regardless of your bad credit history, there are lots of no credit basic bank accounts for everyone!

{ 11 comments… read them below or add one }

Susie Yu April 12, 2011 at 1:35 pm

I was turned down when I applied to open a basic current account with Lloyds last month. Despite having a full time job and never having defaulted or missed any payments on loans. It’s only this week that I found out that someone fraudulently aspplied for an Amex card under my name resulting in the bad credit history for this episode ruining my unblemished credit score. It’s so unfair. Now it looks like i’ll have to apply for a bloody no credit check bank account for people with bad credit.

Liane Smith May 19, 2011 at 12:59 pm

I’m quite keen to find out the what is involved with a bank account for bad credit. I have read your article and understand that probably at best I will be given a debit card tied to the account and certainly not a credit card. Could anyone tell em though whether I will be given a cheque book and an overdraft facility? Thanks Liane

Mark_Dean July 2, 2011 at 12:10 pm

How basic is a basic bank account? Does it mean that you can only fund and withdraw money without any other capabilities on the account?
Thanks Mark

jenny Buckingham July 12, 2011 at 4:44 pm

bad credit people don’t deserve any type of bank account. They should learn how to control their spending :(

Vonny Etuhu July 18, 2011 at 9:11 am

I’m sorry but your definition of a basic bank account is pretty much what a student bank account is – thats to say you have a current account and a debit card period.

Dan September 3, 2011 at 8:25 am

Mark, i’m afraid the basic bank account is just as its name suggests. Due to the account being for those with bad credit there is little chance of being given any type of credit such as an overdraft.

MalcolmP October 4, 2011 at 9:48 am

Just cos you have bad credit doesn’t make you a bad person. Its an unfair label

Michael November 7, 2011 at 10:04 am

Its funny but a few years ago a bank would just open up a current account for you and that was it. Now, following the credit crash, Banks are scrutinizing more than ever a persons credit histoy before they will even entertain opening up a bank account.

It all seemed a good idea at the time for banks to give easy credit to people to buy a house or a car but those days are well gone, hence why these no credit check basic bank accounts for people with bad credit now exist.

David November 22, 2011 at 12:58 pm

To be honest, I cannot think of any good reasons why a bank wouldn’t consider opening up a basic bank account for you. As long as you are not running up loads of debt through unauthorized overdrafts or credit cards where is the risk for the bank? They are making money on your money (however little you have all adds up when lumped together).

Dave T Lim December 13, 2011 at 3:44 pm

I’ve never heard about a basic bank account before. The reason it interests me is due to the fact that next month I may well have a CCJ hanging around my neck. I am fearful that my bank – HSBC will look at me in a different light and downgrade my current account – i.e. cancel the overdraft and get rid of my credit card leaving me with no ability to draw on any credit facility. I am fully prepared for this but obviously would prefer if it doesn’t happen.

Do you guys at no credit check bank accounts have any idea how the process works? Are my bankers likely to downgrade my bank account? If so is there anything I can do in advance to safeguard against this happening or reducing the effects of a downgrade if they do happen? I look forward to hearing from you.

All the very best David Lim

Claude January 24, 2012 at 9:35 am

I’ve never heard of a basic bank account. It sounds ridiculous that banks like HSBC would let you open a bank account yet not give you a check book or a debit card. I just don’t get it.