Starling Bank Chat (Part 2)

Okay, maybe having resigned they should all turn up to work their notice in office.

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New saver launches end of November according to LinkedIn

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You might be lucky. To me this sounds more like maybe they didn’t completely think through all their customers when they came up with the new Savings Account and maybe, if they had one, the ‘Teen Account Product Manager’ wasn’t in the room when they came up with new details and so it was just overlooked.

Is there any legal/regulatory reason they can’t launch these to under 18s? I don’t think so? Other banks have a similar product for under 18s
So, is there a technical reason they can’t also include Teen Accounts in this? It’s difficult to tell from outside. Is there a significant difference in the application process - especially in the ‘know your customer’ area, that means there’s a risk that bad actors might use a teen account to setup a savings account that could then be used for nefarious means/money laundering?

If there’s not, it might just be a simple technical ‘flip a switch’ to also give Teen accounts access to these.

Why are you putting yourself out for an answer you know?

It’s ridic.

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That’s why I was saying you need to think about the sequence of applications. The terms vary each year but I think two student accounts is generally possible. If memory serves, a few years back HSBC got you to confirm that you didn’t have any other student accounts but Nationwide didn’t. So, you could do HSBC, wait a bit and then open Nationwide. As I say, the terms vary from year to year so it might be a different sequence of banks next year.

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Which is fine, but you’ve had the same answer in multiple forms.

I wish I had the time to give a :poop: about hearing the same answer 47 times.

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The lack of office space is intentional.

Laying people off is expensive, with severance pay etc, much easier to just let things naturally play out and weed out the non believers to resign naturally, and anyone who’s still hanging on but not conforming to some arbitrary 10 day quota can be managed out of the company by giving them less work todo or putting them on a performance plan

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It’s probably one of the more known ones. Now you know how it feels.

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You’re really living the teen life aren’t you!

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The dream

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We’re all living it here.

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Not sure what is so special about an account paying 4%. There are a lot of savings accounts paying more.

Plus if you’re interested in accounts for under 18s then HSBC pays 5% for instance.

For children’s accounts @jo may find this helpful

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It’s depressing me :rofl:

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Yorkshire Building Society is currently paying 4.35% to anybody over 16 in their Easy Access Saver account.

Coventry Building Society is paying 5% on their Young Saver account (ages 7-17), although this is reducing to 4.75% on 2 December.

5% on the FlexOne Saver for NW customers too:

My youngest turns 11 this Saturday and he’s getting one :joy:

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If that’s what you want to do, fill your boots.

I think it’s a strange thing to do, and a waste of time for everyone involved. Especially as a child with few commitments in the world. Think of all the other things you could be doing!

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ÂŁ200 per month is actually very good for under 18s. Few people your age will be able to afford as much as that, unless you have very generous parents.

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Nothing, but it was just clogging up the phone line for a question that didn’t require support. Banks have enough issues with customer support as it is.

Everyone and their dog could have (and was) telling you that there’s no reason to call support. The information was there for you already.

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I was too busy with girls at that age, but each to their own :slight_smile:

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Yeah… uh… me too :innocent:

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