Had a few concerns about the affects of regular current account switching on your credit score.

I did some research and put together what I know in this thread. https://twitter.com/FIJohnson1/status/1305978759821099009">https://twitter.com/FIJohnson...

Switching to a new current account does reduce your credit score for a short period of time and has a minimal affect.

There are people who& #39;ve changed bank accounts 6 times in 27 months bagging £800 and say there was little impact on their credit score.

However, if you are getting a mortgage or about to borrow a large sum for big purchases such as a car, you might not want to change current accounts in the 12 months before.

But again there are stories of people having no trouble at all switching and still getting a mortgage.

To reduce the impact, don& #39;t ask for an overdraft (don& #39;t go overdrawn) and never default on any credit payments.

If you& #39;re worried about your credit score use a credit checker like Experian and see the effects for yourself.