Opening a bank account from the UK?
Hi!
I've read http://britishexpats.com/wiki/Catego...nancial_Topics and have been talking to few friends - and it looks like getting a credit card isn't obvious for newcomers in the US. HSBC can help opening an account, and that includes a credit card (http://www.hsbc.co.uk/1/2/personal/t...leaving-the-uk). They charge £100 for that. Is it worth the fee? Thanks gg |
Re: Opening a bank account from the UK?
If you can get a USD credit card, with a credit limit based on your UK credit history, it is worth 100 UKP.
Applications for credit cards in the US will not usually take into account your UK credit history, though for some that may not be a bad thing ;). |
Re: Opening a bank account from the UK?
Yes, I paid the £100 and I think it is worth it.
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Re: Opening a bank account from the UK?
Originally Posted by gglondon
(Post 7523677)
Hi!
I've read http://britishexpats.com/wiki/Catego...nancial_Topics and have been talking to few friends - and it looks like getting a credit card isn't obvious for newcomers in the US. HSBC can help opening an account, and that includes a credit card (http://www.hsbc.co.uk/1/2/personal/t...leaving-the-uk). They charge £100 for that. Is it worth the fee? Thanks gg |
Re: Opening a bank account from the UK?
Originally Posted by HSBC
If you have been our customer for 12 months or more, we can provide you access to credit facilities at similar levels as you currently enjoy in the UK, subject to a maximum of US $5,000 (subject to status, local laws and terms and conditions)
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Re: Opening a bank account from the UK?
if you qualify for HSBC Premier, neither the GBP100 fee, nor the USD5000 limit are applied.....
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Re: Opening a bank account from the UK?
HSBC called me and said it wasnt worth me spending the hundred pounds, as I would be able to walk into any HSBC branch in the US and open a bank account and indeed i did, along with a credit card with suitably healthy credit limit. I dont really think the hundred quid is worth it but I suppose it can make it easier if...well if you don't like spending 30 mins at a US bank opening an account yourself.
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Re: Opening a bank account from the UK?
Originally Posted by chartreuse
(Post 7524100)
Not the highest of credit limits. That and the 12 month qualifying period suggests to me that AMEX is still the top choice.
They gave me a $10k credit limit right off the bat. |
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