Thinking about opening a bank account in the UK but are terribly worried about your imperfect credit history? You shouldn’t be!

Banks are generally strict when it comes to people opening up a bank account with them – they want bank clients that are able to pay them back and have good credit standing. And with these trying times, many of us don’t exactly meet their perfect credit history requirement. However, some banks know this and they provide you a bank account that you need – basic bank accounts.

Basic bank accounts are given to people without a perfect credit history. They are used most of the time for receiving salaries or arranging auto-debit payments. Often, they come with an ATM card or a cash card for you to be able to withdraw money from tellers.

Unlike a credit card, you can’t use your ATM card to make purchases. An alternative that banks offer to this are the “Visa Electron” or “Solo” debit card functions added to your ATM card. This bonus feature lets you purchase using your card in hundreds of shops, through the phone or via the internet. And surely because you don’t pay via credit, you don’t have to worry about incurring more and more debt in the long run. Plus, you could always maintain to budget your money easily and avoid overspending.