Rejected twice for starling easy saver

2

Comments

  • Sam2016
    Sam2016 Posts: 20 Forumite
    Ninth Anniversary 10 Posts
    Just to let everyone know, for a basic savings a/c, the Marcus account isn't bad. Also, Natwest have digital savers that pay around 6%.  I may try and get that as I still have my NW current account 
  • Hoenir
    Hoenir Posts: 6,965 Forumite
    1,000 Posts First Anniversary Name Dropper
    Starling Bank has voluntarily agreed not to open new accounts for high or higher risk customers while it improves its anti-money laundering (AML) controls
  • 400ixl
    400ixl Posts: 4,482 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Opened the  Easy Saver account over the weekend. Took about 2 minutes to be approved.

    It could also be that they only have a certain amount of funding to go into this at this stage and are looking for certain types of customers to be approving first. If that is the case, they should be more open about it being restricted for now.
  • Rob5342
    Rob5342 Posts: 2,379 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Sam2016 said:
    Just to let everyone know, for a basic savings a/c, the Marcus account isn't bad. Also, Natwest have digital savers that pay around 6%.  I may try and get that as I still have my NW current account 

    I have a Marcus account, they aren't too bad but transfers can be extremely slow. I made one at 3:00 on Saturday afternoon and it didn't reach my current account until 10:00 on Sunday morning.
  • So I have done further research into this matter, interestingly on one forum a guy with an excellent credit rating and a large lump in his Starling account was declined, his friend a debt laden student with a poor credit score was accepted. 
    It seems Starling are trying to recoup their £29 million pound fine!
    Stopping the interest on current accounts and giving the benefit to “small” savers is going to help revenue. 
    I have had the pleasure of emptying my account today. 
    It’s so easy to switch now and with financial benefits. 
    I have now a Nationwide account up and running, it was a seamless switch. 
    I have also given a damming review on Trustpilot. 

  • I've been with Starling for years with no issues,but have been refused an Easy Saver account too. No explanations,and although I have lodged a complaint (as others have done), I don't expect a satisfactory response from them. I'm going to look at Monzo - especially as they do a credit card too. Hopefully they will be in the market for new customers because it seems Starling is not interested. 
  • booneruk
    booneruk Posts: 674 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    I know no one likes rejection, but it really is down to the institution if they want to provide services to an individual. I've always heard HSBC is quite picky for example. 
  • Yeah, having a huff is a bit odd tbh. The rate isn’t even that great to worry about anyway. 
  • Yeah, having a huff is a bit odd tbh. The rate isn’t even that great to worry about anyway. 
    I think it's the manner in which the bank is handling itself that people are frustrated with. Just being told you're not eligible (but we won't tell you why..) is pretty poor you've got to admit
  • I too got the rejection yesterday (have a perfect credit file). For those that have been accepted were you informed of decision straight away or did you have to wait? My rejection came the day after I applied so just curious if the accepted are told instantly.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.3K Banking & Borrowing
  • 252.8K Reduce Debt & Boost Income
  • 453.2K Spending & Discounts
  • 243.2K Work, Benefits & Business
  • 597.7K Mortgages, Homes & Bills
  • 176.6K Life & Family
  • 256.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.