Regular Saver Thread **New and Restarted**

schiff

Stompa wrote: »

Hmmm, neither did I. I thought it was optional?

The NINO is needed for banks/building societies to report interest figures to HMRC. It's the only link.

schiff

I logged on to my account hoping to find a link to go to what was on offer elsewhere (I have the RS Bond Issue 1) but found nothing.

Whether I was an existing customer was asked way down in the application but nevertheless I had to enter all my details over again. It seemed odd, but when it's 3% fixed - and £300! - it hardly matters.

PS: I've established the timing of my application and their 'TY for applying....' rejoinder via my browsing history. It may be useful.

chels

schiff wrote: »

The NINO is needed for banks/building societies to report interest figures to HMRC. It's the only link.

I thought that but then they don't all ask for it.

Stompa

schiff wrote: »

The NINO is needed for banks/building societies to report interest figures to HMRC. It's the only link.

Fair enough, but I currently have other accounts with other banks, where I know I've never given them my NI number. Though perhaps they have ways of finding it by other means.

glider3560

Stompa wrote: »

Fair enough, but I currently have other accounts with other banks, where I know I've never given them my NI number. Though perhaps they have ways of finding it by other means.

It's only been a requirement to collect NI numbers in the last few years. For accounts opened prior to this, HMRC do a data matching exercise with names/addresses/DOB/etc.

Fingerbobs

chels wrote: »

I was told that the paperwork will be sent to me shortly and I will need to send a signed form back with my initial deposit in the form of a personal cheque.

If all this has to happen, and the initial deposit has to be by cheque, it's cutting it a bit fine for the initial deposit to make it into the account before the end of April.

Sea_Shell

Hopefully, the account doesn't activate, until the initial cheque is deposited.

JamesRobinson48

The Earl Shilton Building Society's RSA (variable 2.00% interest, indefinite life up to max balance £50,000) appears to have recently modified its T&C's, removing some location restrictions cited on the front page of our thread. My apologies if someone has already pointed this out.

* Now available to UK residents (previously only for local residents).

* Can now be opened by post (previously only in branch).

Also, handily, Earl Shilton has some limited online read functionality: the system looks similar to that used by several other building societies. Finally, the ID requirements seem not too much nuisance to comply with.

Thanks in advance if anyone has feedback to share on service from this small building society.

quirkydeptless

Just received a letter this morning for my Monmouthshire account, with a form filled in with the details I entered online, a pre-paid envelope, and a request for a cheque for my opening deposit.


Quickety slick :cool:

solartom

Earl Shilton BS RSA
2 withdraws are permitted per year
useful facility