unemployed - banks not allowing me to open an account

bigboy · #1 09-30-2011

ive currently just garduated and am unemployed at the moment, ive tried to setup a few basic bank accounts however the two that i have asked require some funds to be payed into the account before they can open up the accounts, i wanted to know is there anyway around this?

thanks

Bunneh · #2 09-30-2011

weird... I opened Nationwide account fine when i stated myself as being unemployed?
The only downside is you wont be able to get a overdraft.

I did it all online with no problems.

I know Halifax wanted £100 which you get to use immediately anyway, which i was told is to make sure you were going to use the account as they are so easy to open.

GrannyT · #3 09-30-2011

£10 should do it

GreenBean · #4 09-30-2011

Quote:

Originally Posted by bigboy

ive currently just garduated and am unemployed at the moment, ive tried to setup a few basic bank accounts however the two that i have asked require some funds to be payed into the account before they can open up the accounts, i wanted to know is there anyway around this?

thanks

That's not allowed Because of the European Union, unemployed has rights to having a bank account.

Provided everything is OK, you should be able to have an account.

Have you tried RBS, NatWest? Ideally you want an account that requires little to small deposit to get you started.
Bully tactics by the bank to do that

GrannyT · #5 09-30-2011

To test this I have just opened an account with Nationwide.

I put myself down as a home maker on £5000 a year

Job done.

Listen to the purple one on this bigboy

bigboy · #6 09-30-2011

Quote:

Originally Posted by Bunneh

weird... I opened Nationwide account fine when i stated myself as being unemployed?
The only downside is you wont be able to get a overdraft.

I did it all online with no problems.

I know Halifax wanted £100 which you get to use immediately anyway, which i was told is to make sure you were going to use the account as they are so easy to open.

nationwide is what im going to go for next, do you have to go in branch and show id etc? and what account was it you applied for?

i had natwest/rbs accounts previously but they closed the accounts without any reason as to why. I applied for them as a student ages ago though.

The bank that stated i need some regular income going through the account before they could open one for me were thinbanking.

bigboy · #7 09-30-2011

Quote:

Originally Posted by GrannyT

To test this I have just opened an account with Nationwide.

I put myself down as a home maker on £5000 a year

Job done.

Listen to the purple one on this bigboy

Will do GT, im waiting for my santander current account to come through first though.

Do banks get suspicious when your applying for lots of bank accounts in one go/regular basis?

ShadyOne · #8 10-04-2011

Do you owe some banks any money? Student overdraft? Why would they close your account, did you stop using the account or something...surely you had your benefits or something paid into a bank account?

toplevelseller · #9 10-04-2011

natwest basic account.

im un employed. i can just walk into bank open and close accounts as i wish. quite nifty and good :D

RedShootingStar · #10 10-04-2011

You may want to try a new bank, because if this was true banks would have a hard time getting the number of customers they do. This is why they always offer the $100 signing bonus and all that stuff. To get people into their bank. If you are trying to do it online, and getting denied, just walk in and try another.

Ewingsales · #11 10-04-2011

Ulsterbank step Account is good. No money needed to open Account . Do it online. They are in Northern Ireland but it's still UK so it's ok. Go for Step Account and as it's a basic account anyone can have 1. I have 4 of them

Also it can accept DD so no prob there

bigboy · #12 10-04-2011

Quote:

Originally Posted by ShadyOne

Do you owe some banks any money? Student overdraft? Why would they close your account, did you stop using the account or something...surely you had your benefits or something paid into a bank account?

i really aint got a clue why they have closed it, im thinking its due to inactivity, but i dont know.

TSB recentley sent me a letter also and i had money running through the account so im not sure whats going on i will go chat to them next week.

I really cant be bothered going in branch to setup a bank account, would prefer to do it online without having to show any id as my passport is out of date and cant be bothered renewing it. I already have an ulster bank account, and it is the only account i have left. Its good for pp.

I have transferred one of my current accounts to santander but ive still not recieved any letter on ehether they are takin me on yet.

I think im going to be running out of banks to apply for accounts soon though.

MrMuscle · #13 10-04-2011

Quote:

Originally Posted by Ewingsales

Ulsterbank step Account is good. No money needed to open Account . Do it online. They are in Northern Ireland but it's still UK so it's ok. Go for Step Account and as it's a basic account anyone can have 1. I have 4 of them

Also it can accept DD so no prob there

This bank is good to go for Stealth yes?

Cheers

Ewingsales · #14 10-05-2011

Hi MrMuscle.

Yes Ulsterbank is perfect for stealth

Stigger · #15 10-05-2011

Quote:

Originally Posted by bigboy

ive currently just garduated and am unemployed at the moment, ive tried to setup a few basic bank accounts however the two that i have asked require some funds to be payed into the account before they can open up the accounts, i wanted to know is there anyway around this?

thanks

have you tired Halifax Easycash ?

bigboy · #16 10-05-2011

I setup a halifax account online around 18 months ago, hoever they request i go in branch to supply some id, which i never got round to doing, i will have to get this sorted out also.

GreenBean · #17 10-05-2011

Let me know if I should change your name to Gonnagoona-boy

Sort the banks out soon

To quote GrannyT, get with the programme! Come to the Stealth Side

rsot · #18 10-05-2011

Dynamic duo-a of GB and GTran strike again!

Stigger · #19 10-05-2011

carzy mad thread.

SO they acutally offered you the accounts on the provision you add funds, go figure most banks are like that to open an account, JUST POP A POUND IN.

If you have the letter or account number for the HX then just sort it out but like most accounts Dont forget you quid

It is law that you can have a bank account here, however it does not mean it has to be free,

bigboy · #20 10-07-2011

Quote:

Originally Posted by GreenBean™

Let me know if I should change your name to Gonnagoona-boy

Sort the banks out soon

To quote GrannyT, get with the programme! Come to the Stealth Side

lol perhaps you should!

I could swear i posted a post regarding bank accounts, which seems to have been removed?

i know what the post was regarding...i wonder if someone will be able to tell me (perhaps GB or the person who removed my post) if i will get the answer if i join the stealth programme?

and what else i could expect from the programme? more hidden knowlege??

bigboy · #21 10-07-2011

Quote:

Originally Posted by TizWoz

carzy mad thread.

SO they acutally offered you the accounts on the provision you add funds, go figure most banks are like that to open an account, JUST POP A POUND IN.

If you have the letter or account number for the HX then just sort it out but like most accounts Dont forget you quid

It is law that you can have a bank account here, however it does not mean it has to be free,

thinkbanking stated you need a regular income, such as salary or benefits to be payed into the account before they could open it.

GrannyT · #22 10-07-2011

Quote:

Originally Posted by GrannyT

To test this I have just opened an account with Nationwide.

I put myself down as a home maker on £5000 a year

Job done.

Listen to the purple one on this bigboy

Got my cheque book and card this morning. Had to show ID at the local branch plus utility - job done