Nationwide bank suddenly requiring job title and salary etc on app?? Needs info before Jan 25?

185 replies

OctaveoOctober · 18/10/2024 21:58

Has anyone else had this? In finding it exceeding intrusive??

OP posts:

Screamingabdabz · 18/10/2024 22:17

Yes the Halifax keeps asking every time I log on for internet banking. I hate it. They have all my money as it is - it feels absolutely unnecessary and intrusive. Why the fuck do they need to know what job I have? And more to the point - what right do they have to know it? Just fuck off.

Nasyan · 18/10/2024 22:14

Is it something to do with banks having to pay up to £85k for fraud within 5 days which is a recent thing

MaggieFS · 18/10/2024 22:10

I've just had exactly this. Really fucking intrusive. I fully get my mortgage lender needs income, but for the bank to be required to know, and how much I expect to put into the account this year, and what I use it for. It's too much!

hetty74 · 18/10/2024 22:07

Had to provide this info to Chase a few weeks ago so think it is a general requirement across the industry.

mynameiscalypso · 18/10/2024 22:06

It's a money laundering/fraud thing. It helps them know what your account activity should look like and so they can better detect anything unusual. Most banks started asking for the data about 5 years ago when the regulator recommended it. I'm surprised it's taken nationwide this long really.

MoreCardassianThanKardashian · 18/10/2024 22:06

How long have you been with them? I just logged in to check and haven't had this.

Preppingpenguin · 18/10/2024 22:06

My app hasn't asked for this yet. Pretty sure they can figure it out themselves by seeing who my paycheck comes from every month.

cherish123 · 18/10/2024 22:05

I have an account with Nationwide but it has a passbook. I have not been asked this. When I changed my address with my main bank account, I was asked this. I asked why and they couldn't really give me a reason. I didn't give my occupation as I don't think it's relevant.

SophiaJ8 · 18/10/2024 22:03

Do you have credit cards with them?

They are checking you still meet the affordability checks.

Tulip8 · 18/10/2024 22:02

Lots of banks/building societies ask this info now.

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