@coopbankuk_help short debit card validity on new current account

[soyamilk]

Hello,

 

First post here - been a useful site but never had a question to ask before .

 

I recently opened a standard Current Account with the Co-Op. I got cheque book and account information very quickly but after waiting 2-3 weeks for a debit card had to request it manually. It was confirmed that none had been automatically issued but that there seemed to be "nothing wrong" with my record. The card came with a validity period of only one year.

 

I got a friendly courtesy "how are things going?" call and asked about it - the lady wasn't sure why the short date. Looking at other posts it seems this happens when people have had informal overdrafts or lost their card. But my account is my first with Co-op (or Smile) and my credit reports are completely clean.

 

However my income is fairly low and partly from self-employment - I declared this as completely as I could in the application form. Am I perhaps in some category of people who may be considered higher risk but since there's no evidence they still open the account and see how I go?

 

And if I'm in any probationary period, is there anything I should/shouldn't do (apart obviously from go overdrawn) in the first year to stop them deciding they no longer want my custom after a year - if that is even likely? I'm reluctant to switch everything over if I'll have to do it again in 10-11 months' time.

 

Thanks...

[citizenB]

I dont really know much about current accounts with the co-op.. Will try and find someone who might be able to help.

[citizenB]

I had a short expiry date on my Natwest debit card' date=' that was because they changed it over to a Visa card from electron.[/quote']

 

It may have something to do with the OP's credit score.

 

2 answers to your question

 

HTH

[sirbob10]

I got my debit card from the Co-op and mine was only valid for a year. I called and the reason they stated was due to my credit report as I'd had financial problems in the past. I have just received a new card as I lost my other card and this one is valid for 2 years. I have a current account plus.

[ajs444]

I also have current account plus, my credit ref account is shot to bits, had to practically beg to get card renewal after first year. Operator at other end went through any reasons why DD's were bounced or agreed O/D was breached, I think he even looked at my credit report. Anyway new card issued but only 12 month validity.

[soyamilk]

Thanks for replies. I have nothing bad that I can see on my credit reports today - any slip-ups I may have made are well over 6 years ago now!

 

One suspicious-looking thing I guess is that my available credit on cards looks too high for my declared income, since this year I wasn't able to bring in much. Perhaps that makes me seem high risk even though nowadays I pay my balance in full each month and am ultra-frugal. I notice one of the Co-op terms is that they expect you to put in a regular amount event for the Standard current account - I hope there is no minimum heh.