Moving bank can bring you savings and make it easier to manage your money. But what’s does it do to your credit report?

Find the latest bank switch deals on our site https://becleverwithyourcash.com/the...

W A T C H N E X T

Dummy current accounts for switching
   • Dummy accounts for bank switching 2024  

Natwest £200 Feb 2024 switch offer
   • NatWest £200 switch offer (2024)  

Lloyds £175 switch deal Feb 2024
   • BANK SWITCH: Club Lloyds £175  (Febru...  

#Bankaccounts #creditreport #bankswitching

00:00 Why we open or switch bank accounts
01:12 Your credit report and why it matters
02:51 What happens when you open a new bank account
04:01 How opening a new account can hurt your credit report
06:49 Other times new bank accounts can impact credit report
08:23 How switching bank accounts impacts your credit report

MORE

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A B O U T A N D Y

Andy Webb is a money blogger and journalist. He runs the awardwinning website Be Clever With Your Cash, hosts the Cash Chats podcast, presented Channel 5’s Shop Smart Save Money and writes every month for Reader's Digest. Andy also founded the community ukmoneybloggers.com.

DISCLAIMER
Content in these videos does not constitute regulated financial advice. Any offers mentioned were correct at the time of filming.