Will opening or switching to a Biscuit bank account affect my score?

When you apply for a Biscuit bank account, we run a soft search on your credit file to help verify your identity. This won’t affect your credit score.

Switching your current account to Biscuit won’t affect your credit score either.

Once your account is open, we report your Current Account Turnover (CATO) to credit reference agencies. This is a summary of the money paid into your account, which can help other financial institutions make lending and affordability decisions. Reporting CATO doesn’t affect your credit score.

For more information about applying, see How do I open a Biscuit bank account?