myaccounts FAQ - Opening an account

How do I open an account?

If you are a new member to us, please go to our myaccounts homepage and select ‘Apply’. You will then be taken through our application process. Please note, we are only able to accept online applications from individuals over the age of 18 and who live in our operating area. Our operating area postcodes can be found here

If you are an existing member using myaccounts for the first time, please go to our myaccounts homepage and select ‘Register’. You will then need to provide us with some details and we will email you a username and a link to set up your security information. You will also receive a verification code from us in the post. Once you have received this please login to your myaccounts profile, enter in the code and you will be given an option to apply for a new savings account.

If you are an existing member already with a myaccounts profile, please go to our myaccounts homepage and select ‘Login’. Once you are logged in you will be given an option to apply for a new savings account. 

What is an identity check?

We have a responsibility to verify the name and address of all customers wishing to open an account. Identity checks are standard practice, designed to protect your funds from fraudulent activity. Wherever possible, we use an electronic verification process to check identity. In most instances, this removes the need for us to request paper identification from customers.

Why might I be asked to send in identification?

When you register for a Newbury Building Society account online, an electronic check is carried out that verifies your identity. However, if you have changed your name or have moved address recently this check can sometimes be inconclusive. It is for this reason that you may be asked to send in paper identification so we can ensure the details you supply us with are correct.

Can I get access to my accounts immediately?

We take the security of your information very seriously and therefore, as part of the registration procedure, we need to post a verification code to you which will enable you to view and transact on your account. We will only issue the verification code to your registered address. Once you have completed your registration and applied your verification code, you will be able to view your existing accounts with us, register your nominated account and manage your security / personal details.

We endeavour to post your verification code to you so that you receive it within 5 working days.  If you have not received it within 7 days, please contact us on  0800 988 4857.

What if I change my mind about the account I have opened?

All our accounts have a “cooling-off” period which enables a customer to cancel their account opening. This period is 14 calendar days. If you wish to cancel your account opening, please write to us (myaccounts team, 90 Bartholomew Street, Newbury, Berkshire, RG14 5EE) detailing why you wish to cancel your account. If you would like to discuss an alternative account, please also indicate in your letter and we can ask a savings adviser to contact you.

How can I get assistance? 

We are available to answer your queries between 9.00am and 5.00pm Monday to Friday (Wednesday 9:30am to 5.00pm) and between 9.00am until 12.00pm on Saturdays. Please note we are not open Bank Holidays.

What if I have forgotten my login details?

If you have forgotten your password or memorable information, visit our ‘Logging in’ page and click 'forgotten password' link.



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