I finished my 6 years on 08 March this year and a couple of weeks later tried upgrading my CO-OP Cashminder to a full current account only to be told no. I was basically told "the computer says no". I explained to the girl on the phone that my credit files were 100% clean, as I had checked all of them. I pointed out the excellent way in which I had run the account, but she would have none of it and turned down my application.
I am mystified as to why I was turned down. I have operated the Cashminder account over the past six years perfectly, I have never gone a penny overdrawn, I have always kept a really good balance in it. I have operated a full account with the Halifax for over 3 years perfectly well. I have run a Sygma bank credit card with a £5k limit perfectly for the past 3 years, I just can't understand why I have been refused a full account upgrade?
It seems to me that they have kept my pre bankruptcy history on file and will continue to hold it against me.
So, if the Co-op have 'promised' to upgrade your Casminder account after the 6 years are up, like they did to me, don't believe a word of what they are saying.
It would be interesting to hear from others on this forum about their experiences of upgrading Cashminders after the 6 year period has elapsed.
Btw I was offered a full account, £700 overdraft, and credit card from Santander on the same day Co-op turned me down.