We know that most people will get into financial difficulty during their lives and being declared bankrupt can affect your ability to open a Basic Bank Account with many other high street banks.
We’re an established bank, we provide a bank account that is open to everyone from bankruptcy to an excellent credit score.
To open our account you need to be a permanent UK resident aged 18 or over and pass identity and residency checks and that’s it. We do not credit check, and you can open our bank account during or after bankruptcy.
Why Open The Secure Ṫrust Bànk Account
The Secure Ṫrust Bànk Current Account is a basic bank account designed to help you to manage your money. We won’t charge you for bounced direct debits or standing orders and because there is no overdraft facility you can stay in control of your money. You can manage your account online and by telephone.
Helping You To Stay In Control Of Your Money
Our basic bank account for bankrupts comes with many benefits to help you manage your money
- Pay bills by Direct Debit or Standing Orders
- No fees for bounced Direct Debits or Standing Orders
- Pay in wages or benefits
- No overdraft facility – you cannot go overdrawn with our account
- A bank account with an established Bank
- No credit checks – bad credit history and bankruptcy accepted
- Secure online banking with tracking and budgeting tools
- Earn up to 4% cash rewards at over 35 high street retailers
There is a monthly management fee of £12.50, plus a one off set up fee of £12.50 to open our account.
How Our Account Works
Step 1 - You can pay in salary, wages or benefits into our current account.
Step 2 - Keep aside money for your bills and Direct Debits in the current account
Step 3 – You can then ‘load’ money to your MasterCard® Prepaid Card to spend as you wish.
About Our Prepaid MasterCard
Our Bank Account comes with a MasterCard® Prepaid Card which can be used at over 30 million outlets worldwide, for online and telephone purchases and to make cash withdrawals at ATM’s showing the MasterCard® Acceptance Mark excluding Link ATM's. A 50p ATM withdrawal fee applies on cash withdrawals
As this is a Prepaid Card, you must ‘load’ money onto your card before you spend – like a ‘Pay as You Go' mobile phone ‘top up’. This way, the money you spend on your Prepaid Card is separated from the money in your Current Account.
Don't let bankruptcy hold you back
Open our bank account today either online or by speaking to our helpful team. We can set up the account for you today if you pass identity and residency checks and are able to pay the one off set up fee of £12.50.
