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Beehive Money Regular Saver
LRL1
Posts: 2 Newbie
I tried to open an account with Beehive Money but was unable to do so because my long-standing Barclays Current Account does not appear on Experian, which the company relies on for checking the details you supply for a linked account. This was really disappointing, but there seems no way around it. Has anyone else had the same issue?
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https://forums.moneysavingexpert.com/discussion/comment/80151733/#Comment_80151733LRL1 said:I tried to open an account with Beehive Money but was unable to do so because my long-standing Barclays Current Account does not appear on Experian, which the company relies on for checking the details you supply for a linked account. This was really disappointing, but there seems no way around it. Has anyone else had the same issue?
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When my wife opened hers she tried to use her Santander account as the linked account but it didn't accept it so she set it as our joint NatWest account instead which worked fine.0
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If Beehive support it, just open a Chase account and use that…..might be quickest.0
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Open a new current account and use that. To keep it simple, can you open another with Barclays?0
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Was your wife able to verify the account?tr7phil said:When my wife opened hers she tried to use her Santander account as the linked account but it didn't accept it so she set it as our joint NatWest account instead which worked fine.
When I went to send the £10 test deposit it said payment couldnt be verified but I was able to proceed if I wanted.0 -
No, account verification was not possible.georged123 said:
Was your wife able to verify the account?tr7phil said:When my wife opened hers she tried to use her Santander account as the linked account but it didn't accept it so she set it as our joint NatWest account instead which worked fine.
When I went to send the £10 test deposit it said payment couldnt be verified but I was able to proceed if I wanted.0 -
Chase not supported with Beehive as they don't report to Experian.jaypers said:If Beehive support it, just open a Chase account and use that…..might be quickest.0 -
It should not be necessary to open a new account. Beehive should offer an alternative means of verification. Other banks seem to manage.wmb194 said:Open a new current account and use that. To keep it simple, can you open another with Barclays?
In my case my ancient account is the hub for all incoming payments; income, interest, dividends etc. - and I want to keep it that way. I'm happy that my bank doesn't report use of my overdraft etc. to the CRAs.
I had to use Santander to link to Beehive, despite Santander's reputation for blocking payments.
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I think I would have issues as FD does not show on my credit reports as opened over 20 years ago.0
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Off topic but thank you for this thread - I don't follow the regular saver thread so had no idea there was an attractive Beehive RS. I already have a LISA with them so was super easy to open
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