So I know there are questions relating to why Monzo may appear on a credit report, but are there any potential issues where it doesn’t appear?
Checking my Experian, Call Credit, and Equifax files I have no account for Monzo, despite having a current account since August.
My Starling and Natwest are there.
I am considering switching fully to Monzo, but if there are then zero bank accounts listed on my credit files, will this be problematic? My credit card, for example, used my bank details to aid in verification of credit when I applied - with no bank account to match up to will this decline in the future?
Even if Monzo were to appear on Call Credit, would it be an issue that it didn’t appear on the other two?
To note: I do not have an overdraft, at any of the three banks.
It should only appear on Call Credit, I believe. For me, it doesn’t appear on any of my reports either. Asked customer service, and they couldn’t explain it.
I believe the most likely reason to be a mismatch of name or address, which makes Call Credit think the person holding the Monzo account is a different person from the person holding the accounts on your report. I.e. there may now be two reports: One for “Coffee Madman” and one for “Coffee Mad Man”, if you get what I mean. But this is pure speculation!
A few pertinent questions:
Is your “preferred name” different from your “legal name”?
Have you spelled your name and / or address differently on Monzo than on other accounts? Maybe skipped a middle name, or similar?
Did you give your DOB (or other personal information) differently?
I would leave it open, despite (or maybe because) not knowing the answer. (Also, who knows what it might be good for one day? Monzo is so severely limited at the moment, and at least for the medium-term future, that I would not want to burn my bridges.)