Hi can someone please help me on this. I had a cat 6 cifas marker on my file on 2019 via Lloyds ive been using monzo as my main account all my other accounts were shutdown previoulsy and now my monzo is closing in 2months time. Ive tried all the online ones starling monese etc and have not been successful. Im on verge of losing my job if i have not got access to a basic account.
Please advise me what i can do.
P.S the marker was placed back in 2019 and want to discuss what options i have now rather then talk about whats already happened.
As far as I know thereâs nothing you can do. Monzo will close your account and that will be that.
All I can think of is perhaps a pre paid account (Think money) or one such as that. Or perhaps a credit union.
Try Googling pre paid accounts and see what comes up.
Ive got a crediot union setup but have not been using it yet. Only reason is i need bank statements to apply for my wifes spouse visa. Next month i will receive the 6th statement which is the last one i need to submit her application. I stil do want to have access to a bank than just credit union though. Ive tried cash plus aswell they all have declined me.
Ok then youâll have your statements from Monzo and youâll have your credit union for your wages. Have you checked to see if you can get your wages paid into that one by your employer?
It will be difficult to open anything else for the next 4 years so stick with the credit union if it works the way you need it to
Hi yes i applied for this and this was also refused. Its due to the marker. I can get eages paid in to credit union its just in 2.5 years i will have to apply for her visa extension and they request documents again. Id rather it comes from a bank than credit union as home office can be abit funny sometimes.
Youâll need to contact every bank that offers basic bank accounts and plead your case. It wonât be easy and itâs not guaranteed but itâs your only choice if you want an actual bank account with a bank
Of course itâll flag up on the system, thatâs the entire reason behind the marker. Go in and be honest and upfront about the marker and ask if they can help
Applying in branch is your best option and before you start the application process tell them.
They might give advice that you havenât heard before, on some cases theyâll probably apply to see if it gets rejected and if it does the branch can appeal but this will depend on the reasonings that got you the marker in the first place.
Some building societies like nationwide provide statements.
To avoid this topic becoming a repeat of your last one. Iâd suggest sticking with your credit union until your marker expires. Or at least give it a few years, not months.
Youâre potentially doing yourself more damage by continually applying to all sorts of banks. Especially, since in your last topic you said youâve already applied to them all. Nothing seems to have changed so youâre unlikely to get a different outcome.
I hope so, man i will miss my monzo account ill try my best to see if they can change mind about closing the account. Waiting on a email response from monzo.
Nationwide advised me to go in branch for the flexbasic account hopefully can get some goods news from there.