There is no charge.
When you connect your bank accounts through open banking, we can see:
- Your account details, balance and transactions for the last 5 years
- Your regular payments and standing orders
- An instant, virtual copy of your transactions We use this information to:
- Run your credit risk and affordability assessment
- Give you a clear overview of your accounts
- Set up a direct debit from your nominated current account
Please note: we’ll only use information from your savings account for affordability calculations.
We won't:
- Share your data with third parties (unless needed for our underwriting, ID checks or tracing activities)
- Use your savings accounts for repayments, including direct debits See our privacy policy for more information.