What banks to use?

[irishman]

Hi Guys,

I am looking for a bank account I can use with paypal. I have bad credit and also too many accounts with my current bank they are now starting to ask questions.

If someone is using a savings account that accepts dd and can be opened online easily please pm me the details(incase ebay or paypal is watching), as I can find alot of info about banks to use but none seem to be in UK.

Many Thanks

[stickmade]

Natwest First Reserves accounts... These are like basic savings accounts that do accept incoming direct debit deposits. I have no experience with them myself's but from what i've read on here their good.

[irishman]

happy days ill look into them

[GreenBean]

Yeah, Natwest are nice.

RBS are nice. I have a bias towards them. They let you make accounts on line easily. Look at their key account

[Imakemoney]

A lot of Natwest First Reserve accounts are now getting kicked - afraid to say savers is not the road to go down anymore stick to current accounts.

Banks I would recommend that are good with stealth are as follows:

- Natwest
- Santander
- Cooperative
- RBS

[irishman]

yea but i have bad credit rating so I cant open new current accounts with banks outside of my own as they refuse to give me one. I have too many with my own now so i need to find alternative :-) If I can can open a few saver accounts that work and use them with paypal i wont need to do so later. :-)

Ill try the ones you mention before they are too late :-)

[GreenBean]

Even with bad credit, you are entitled to have a bank account that allows a direct debit.

Try RBS as they are tolerant of bad credit.

Without prying, have you checked your credit report recently? Make sure anything on it is accurate.

[irishman]

lol. Not checked recently. I was over 15k in debt 4 years ago and then got lucky buying and selling gold when when it rocketed in price so i was able to pay of my debts. My bank is part of the rbs group and are pretty good but are now starting to ask questions about number of accounts i have. I checked my credit profile monthly up until last June last year when i bought a new car. So i figure it should have improved since then. Only problem is ive opened new current accounts, and ordered a credit card in the last 6 months. So to be honest i have no idea how good or bad it is now.

[rsot]

Solid recommendations from solid forum posters. Ordering one CC in last 6 months will not affect your score greatly (from my own experience) and opening up current accounts does not affect if your balances don`t go badly negative.