Is it possible to get a banking account with a bad credit score?
Generally speaking, No. You will have difficulty getting a fully fledged bank account as you have already demonstrated by having a poor record that you are a bad risk.
you can try to overcome this by looking at a basic bank account which will offer basic functions such as the ability to pay direct debits and standing orders etc but will not have an overdraft available or a cheque book or full debit card (you might be offered an electron card or similar which only allows limited transactions).
some banks that offer this account will consider upgrading you to a full account in the future but only if you have managed the account well.
you wont find basic bank accounts being advertised much and they wont offer cash incentives or high rates of interest as they are a loss leader to the banks. | 12.22.10 @ 22:43