Review Time
I am absolutely fuming at their incompetence. I opened an ISA with them in 2022, as confirmed by emails from them at the time. I have not gone to transfer my ISA to another provider and they have told me it is not an ISA. I've lost all the tax advantages from the last few years, and will be behind on the money in my ISA now for the rest of my life.
Payments into Savings AccountsBefore opening a savings account with Newcastle Building Society, I would strongly recommend you ask whether there are any restrictions on how you pay into the account ie by cash, cheque or debit card. I am currently in dispute with the Society over cash payments I have made into their Six Monthly Account. They need to be more upfront with customers at the point of opening accounts to avoid potential injury to feelings. I am currently raising this with the Financial Services OmbudsmanA word to the wise: As expected, no-one from Newcastle Building Society (alias Beth) ever got back to me. Beware of false promises!
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Newcastle Building Society. A North East Building Society offering a range of mortgages, investments and other financial services
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