Ulster Bank: Easy Access Savings Account at 1.25% pa

whats · 26 June 2017 at 11:38PM

Applied Saturday. It said my passport number was wrong - even though I checked it 6 times.
Waiting on manual checks. No email/calls yet.

If they use faster payments - even if they reduce to 1.1% I would relocate cash.

Mchambers · 27 June 2017 at 7:44AM

buffman wrote: »

I have been told to ignore the email requesting me to upload some photo ID.

Been asked to send them online photo id proof (passport or driving license). Not sure why as I have never been asked for any photo id for any of my other accounts.

Do they actually require copies of my driving license or passport not the actual driving license or passport ? Can I also just supply them with my driving license number or passport number ? I may just phone them up to ask.

bugbyte_2 · 27 June 2017 at 11:12AM

They didn't accept a UK driving licence, the two options were a European identity card and a passport. The Passport no is misleading, as it is the very long string of characters along the bottom line of the photo page not the 9 digit passport number at the top (although that is included in the long set of characters).

Mchambers · 27 June 2017 at 1:24PM

Hi all,

Spoken to UB and they have advised me to go to a local Nat West or RBS and they will scan my passport and bank statement to UB/

darren72 · 27 June 2017 at 11:28PM

Applied last night online - Didn't ask for any ID, but after completing step 4 it gave some very generic information. Saying if you have received your sort code and account number the account is open. That was it. No e-mails and nothing further.... ??

This was the page I got - http://digital.ulsterbank.co.uk/personal/savings/instant-access-accounts/eSavings/eSavingsApply/eSavings-applicationconfirmation.html

Is that normal ?

Jo_Blogs · 28 June 2017 at 6:20AM

Hattie625 wrote: »

Ulster Bank are now offering an Easy Access savings account paying 1.25% per annum, which easily beats all other offerings for accounts of this type. Funds can be withdrawn anytime with no penalty.

Opened and operated online. Minimum balance £1, maximum £5 million.

Available to UK residents of 16 or above.

This would be useful to hold short-term money which is to be drip-fed into a regular saver account (or accounts).

(This has been mentioned on the Instant Access Savings Account Discussion thread, but I thought a separate thread would be useful to highlight this account).

Thanks Hattie

veryintrigued · 28 June 2017 at 6:31AM

darren72 wrote: »

Applied last night online - Didn't ask for any ID, but after completing step 4 it gave some very generic information. Saying if you have received your sort code and account number the account is open. That was it. No e-mails and nothing further.... ??

This was the page I got - http://digital.ulsterbank.co.uk/personal/savings/instant-access-accounts/eSavings/eSavingsApply/eSavings-applicationconfirmation.html

Is that normal ?

Yep IME that's normal.

I was already an Ulster customer and received an internal message within their internet banking the next day to confirm the opening.

One thing I would watch out for for new applicants is the initial funding. As I funded straight away (from a Tescos account) only to see two days later (when the account had appeared on my online banking) that the payment had been bounced back.

I subsequently made another payment (two days after account opening) with the same details and it was safely received.