Compare Bad Credit Accounts

Bank accounts have become a very important part of our everyday lives, but what happens if you're refused one?

Anyone that has a bad credit score as a result of consistently late mortgage payments; County Court Judgements; defaults or declaring themselves as bankrupt, may find it hard to be accepted for one.

But help is at hand, as it is now possible to apply for a guaranteed bank account.

Many high street banks offer these accounts to give anyone the opportunity to open a bank account, no matter how bad their rating may be.

Bad credit accounts are specifically designed to accommodate those that have been previously refused bank accounts. There are no credit checks involved when applying for a bad credit account, so you won't have to worry about causing further damage to your score.

If you're were hoping to rebuild your credit history, then unfortunately these accounts won't help you, but you might want to consider looking at bad credit cards. These cards offer similar features to standard credit cards, giving you access to credit which will help you to prove to lenders that you can be trusted. If you can stay squeaky clean by paying off your balance in full each month and never exceeding your limit, you will improve your rating and eventually be opened up to a wider choice of credit products.

Although bad credit accounts do provide most of the normal features you would get with a standard account, there are some differences. For example, it is unlikely that you will be granted an overdraft and there is usually a monthly fee that must be paid.

To apply for a bad credit account simply choose an account from our products above and Apply online.