Newcastle Building Society Base Rate Tracker Issue 1

Hattie627

I opened this easy access account in June 2023. It promises to pay the base rate less 0.70%, so currently 4.55%, until 31 December 2025. The account became no longer available last summer. I haven't used the account recently and am thinking of closing it. Just wondering if other readers who opened the account have kept theirs open and are going to keep it open?

Futuristic

I closed mine a while back after the Skipton tracker which tracks more closely, also Chip is a tracker now at -0.51% so better as well. 

Wheres_My_Cashback

Hattie627 said:

I opened this easy access account in June 2023. It promises to pay the base rate less 0.70%, so currently 4.55%, until 31 December 2025. The account became no longer available last summer. I haven't used the account recently and am thinking of closing it. Just wondering if other readers who opened the account have kept theirs open and are going to keep it open?

Keep for relationship for future RS if they ever do them again.

kaMelo

It's now the only account I hold with NBS.  As I do with all other providers I'll keep one account open because it makes life easier to apply as an existing customer for any competitive products they may offer in the future. 

wiseonesomeofthetime

Kept mine as only relationship with Newcastle Buiding Society.

surreysaver

Keep it open in case Newcastle offer accounts that require a relationship with them that you are interested in in the future.
Its also handy to have a log in with them to save the bother of sorting out an online account even if they offer an account in the future that doesn't require an existing relationship

poseidon1

Hung on to it with  £100 balance to retain a relationship with NBS in case of any new more attractive offerings.

allegro120

I keep mine opened with £1 balance. I don’t close accounts unless it is absolutely necessary. Even if this account will never become competitive again, it is worth keeping continuous membership in case of any future loyalty products or simplicity of opening new accounts if needed. After all I don’t loose anything, my £1 is still earning 4.55% interest.

HHUK

I still have £10 in the Newcastle Building Society Base Rate Tracker Issue 1.
Also opened their Single Access ISA Issue 1 (as yet unfunded).
Today I updated their app on my ancient Android phone, and now when I try to access it am greeted with the following message:
 

Unsupported Device

Sorry, you can't use this app as its not supported on jailbroken or rooted devices. If you would like to use the app then you will need to restore the factory settings of your device.

Don't think I am sufficiently technically savvy to deal with that so will just have to do anything needing to be done online from now on.

AndyTh_2

Futuristic said:

I closed mine a while back after the Skipton tracker which tracks more closely, also Chip is a tracker now at -0.51% so better as well. 

Also Chase Saver with the savings boost is a tracker at -0.15% till 16th January (when it goes -1.15%)