Secret Finance

C.S. asked:


I have a checking account already established with a credit card from the same bank. I am unhappy with the service I have received with them and I am planning to switch to another bank.

Before I close my current account, I would like to know should I start my new checking account with the new bank now and apply for a card when the account is established?

Or should I apply for a credit card now before I start the new account?

My concern is closing my current account and starting a new checking account with a new card would not look favorably for my credit. However, would starting the new checking account first make approval easier since I would have an account established with the new bank?

Sam M asked:


I got my first job a few months ago and needed to get a bank account sorted. I am currently with Abbey and have an under 18’s current account.

What bank offers the best account type for someone like me, someone under 18 or isn’t there a big difference between them?

Thanks.

Kay A asked:


There was a levy placed on my current bank account by a bill collecting agency(credit-card debt) and I am stil owing. My dilienma is that I was laid off from my job and I cannot afford to pay right now. I want to file my taxes and have the funds go directly to my bank account. If I do open a new bank account and e-file, will the creditor be able to find my new account and place a levy on it? I would also like to know how they find it (bank account), and how long it usually takes.

Thanks in advance!