A couple of years ago I moved all of my personal banking from HSBC to First Direct (highly recommended, by the way). I kept my HSBC account open at the time because I was under the impression that older bank accounts were better when trying to get credit/phone contracts etc. I also wanted a transition period to catch any unexpected bills and move them to First Direct.
Now it just sits there - the only real advantage is that I can remember the account details off the top of my head. So, I guess what I'm asking is: Are there any negative connotations to having this bank account? It has a £50 overdraft, but simply sits at £0.00 all the time. I don't really mind it being there, but if it's going to hurt then I'll get rid of it.
Now it just sits there - the only real advantage is that I can remember the account details off the top of my head. So, I guess what I'm asking is: Are there any negative connotations to having this bank account? It has a £50 overdraft, but simply sits at £0.00 all the time. I don't really mind it being there, but if it's going to hurt then I'll get rid of it.
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