You need to be at least 16
You need to be 16 or over to open a fee-free basic bank account, although for some accounts the minimum age is 18.
If you’re under 18, it’s worth comparing fee-free basic bank accounts with other young persons’ current accounts.
You don’t need to have a good credit history
Fee-free basic bank accounts don’t allow you to go overdrawn. So you don’t need to pass a credit check when you open the account. Although your bank or building society might still run a credit check on you.
Have you had money problems before, including bankruptcy? Then a fee-free basic bank account can be a good way to help improve your credit score until you qualify to open standard current account.
You’ll have to give proof of identity and address
All banks and building societies will ask for proof of your identity and address before you can open a fee-free basic bank account.
You can open a joint fee-free basic bank account if both of you qualify to open one.
If you’re in prison or have a conviction
You might be able to get a fee-free basic bank account. Banks don’t have access to criminal records. But they do have systems to detect applications from people who have a record of fraud or related illegal activities.
All banks and building societies can reject applications from people who have a record of fraud.
Banks can also reject you if you’re an ‘undischarged bankrupt’. This means you’re still going through the process of becoming bankrupt.