Newcastle Building Soc - New 5 year-5% BOND (Not an ISA) NOW CLOSED

geoffky

i have just got them to post me a application by post via telephone....looks a better deal than i have with nr

frames1_uk

I've opened one and done a £20k transfer, they've given a date of 17th July as the transfer date, to allow the direct debit time to be set up. The opening process was very simple and no further ID was needed to be sent (put in passport number). Very impressed so far.

Speculator

Anyone else having problems opening this account online this weekend?

D1zzy

Did mine online yesterday without problem

Speculator

Thanks, had problems getting past the Direct Debit stage during the early hours but the problem appears to have been fixed.

I've just applied and entered my DD details so I assume they will take the initial deposit via DD in around ten days time. Will they email me before they take the money?

Speculator

frames1_uk wrote: »

I've opened one and done a £20k transfer, they've given a date of 17th July as the transfer date, to allow the direct debit time to be set up.

Hi, did they email you to advise you of the 17/7 transfer date?

D1zzy

I have a conf email stating that they will take the money (DD) on 15/07/09 (application made yesterday)

Speculator

I've only received one email so far...(see below)

Will I get another with the transfer date?

Thank you for applying for a savings account provided by Newcastle Building Society.

We are pleased to confirm that we have received your application. If, during the application process, you funded your account without being asked for identification documents then your account is now open.

If you were asked for identification please provide us with these documents so we can progress with your application. An original document is required in all cases - except Passport where a copy is sufficient. Please send all documents to the address below.

If you did not fund your account during your application, you can send us your investment by cheque or by CHAPS.

Please post your cheque to the address below:

Newcastle Building Society
FREEPOST NT330
AAO
Portland House
New Bridge Street
Newcastle upon Tyne
NE1 1BR

Cheque should be made payable to; Newcastle Building Society, Re: Your Name, your unique reference number (e.g. Newcastle Building Society, Re: Mr Smith, Re: 12345678).

To make a transfer from a bank or building society via CHAPS use the details below.

Sort Code: 20-59-55
Account number: 00000009
Beneficiary: 'Newcastle Online Savings' as the beneficiary,

Reference: Your unique reference number provided at the end of your application.

We will write to you shortly with further details of your new account.

If you have any queries about your application, you can contact us via email at savings@newcastle.co.uk or phone on 0845 606 5522*. Lines are open 8am-8pm Monday to Thursday, 8am-6.30pm Friday and 9am-5pm Saturday.

Kind regards,


Bob Mottershead
Head of Retail Sales

D1zzy

Yep - sorry I have the same. (too many bits of paper)

The payment date is on the printout of the application confirmation.

Speculator

Thanks, just checked and it's not on there. I will probably have to give them a call.