The Top Easy Access Savings Discussion Area

BreakingGlass

Yellowman said:

As a new Newcastle BS (Base Rate Tracker) customer, I have not been asked to provide any documents - the account was opened and available online within about half an hour.

Same here - no ID requests.  Am slightly surprised that they didn't even need my NI Number.

ForumUser7

Not particularly exciting, but First Direct is increasing Bonus Saver effective 30th June to 4% up to £50,000

https://forums.moneysavingexpert.com/discussion/comment/80139102/#Comment_80139102

Yellowman

BreakingGlass said:

Yellowman said:

As a new Newcastle BS (Base Rate Tracker) customer, I have not been asked to provide any documents - the account was opened and available online within about half an hour.

Same here - no ID requests.  Am slightly surprised that they didn't even need my NI Number.

I was surprised too.

I think I have had to provide my NI number each time I have opened other savings accounts online.

Why is Newcastle BS different?

ForumUser7

Brown Shipley via Raisin 4.07%

mebu60

Having only recently transferred a cash ISA from Newcastle BS (to Chorley) I was very surprised to receive my first id and residence check requirement in decades when opening the BR Tracker Issue 1.
Even worse only option is to post documentation, they could at least offer an email address.

Futuristic

For those doing Newcastle BS, I so far only got email “Receipt of Application” will they send another if they require you to post ID?

fabsaver

Mr._H_2 said:

jaceyboy said:

Just applied but they are asking for additional proof of identity, has anyone managed to do this electronically rather than postal?

Me too, which is odd because I'm usually easily verified electronically. One would imagine that if there were a means to provide the documentation electronically, they would provide those details in the application confirmation email. However, the only method provided is to post physical copies to them (how quaint!)

Same here. Very odd as I open lots of accounts and always get verified electronically.

I can only think of one occasion in the last few years where the electronic checks failed and I was asked to provide id. However it was just a temporary blip because I'd applied in the early hours. On that occasion I reapplied during working hours and the account was opened instantly.

Unless they allow documents by email it's really not worth the effort. It's very likely the rate will be beaten soon anyway. Their loss.

SaveTheEuro

pecunianonolet said:

Same, here, asked for proof of identity and residency. If they accept a photo of my passport and a council tax bill I can send by email, fine, if not I won't bother. 

I have been asked for ID by post too. They're going to enjoy going through a sack full of letters.

SavingsBoo

Futuristic said:

For those doing Newcastle BS, I so far only got email “Receipt of Application” will they send another if they require you to post ID?

My 'Receipt of Application' email mentions the request for ID so if yours doesn't, I think you have struck lucky!

As you were asked for confirmation of your identity and/or current residential address, please provide us with documentary proof so we can process your application. Click here for help with your Identification Documents. Please send all documents to the address below.

cymruchris

I haven't been asked for confirmation of identity documents and I'm a totally new customer...