As you know, we don't complete a credit check on customers when you open your account with us, or during the normal operation of your Personal Account - this will still be the case.
But, once our upgrade is complete, we'll be reporting that you have an account with us to credit reference agencies each month. This will show as a current account on your credit history.
Lenders’ policies vary, but having an active current account showing on your credit history will generally help if you apply for credit in future.
A new Sort Code
When we complete the upgrade your Sort Code will change - but don't worry, you don't need to do anything.
When your Sort Code changes all of your incomes (including any Faster Payments made to you) will automatically be re-routed to your account, and your Direct Debits will also continue unaffected - you won't need to do anything.
We'll be in touch nearer the time to let you know when the new arrangements will start and with details of the new Sort Code.
More details on upcoming changes...
In the run up to our upgrade we are sending you regular updates on the forthcoming changes. You can find previous updates here.