How to Complete Your Profile Setup

Yeeld is designed to get you up and running quickly while only asking for information when it's genuinely needed.

The amount of information we collect depends on which services you choose to use.

Step 1: Create your free Yeeld account

To get started, you'll need:

An email address
A mobile phone number

Once these are verified, you'll be asked to connect at least one financial account.

Why do I need to connect an account?

Yeeld is powered by your financial data.

Without connected account data:

Penny can't analyse your finances
Insights can't be generated
Spending analysis won't work
Budgeting tools won't function

Connecting an account brings the Yeeld experience to life and allows the platform to begin building a picture of your financial world.

Step 2: Personalise your experience

You'll then be asked a few quick questions to help personalise your experience.

These questions are designed to help tailor the app and may include things such as:

Age band
Income band
Region
Financial goals

We use ranges and categories rather than exact values wherever possible.

Step 3: Start using Yeeld

Once you've completed these steps, you're ready to go.

At this stage you're considered a Yeeld Connect user and can access:

Penny AI
Spending insights
Account aggregation
Transaction analysis
Cashback rewards
Budgeting tools
Financial education content

No identity verification required

At this stage:

No KYC is required
No ID documents are required
No proof of address is required

This allows you to start benefiting from Yeeld immediately.

Upgrading to Yeeld Companion (Premium)

If you choose to upgrade to Yeeld Companion, you'll unlock Yeeld's financial products and premium benefits.

These include:

A Yeeld account
Sort code and account number
Visa debit card
Investment portfolios
ISA accounts
GIA accounts
SIPP accounts
Double cashback rewards
Additional premium features

Because these are regulated financial services, additional information is required.

Identity verification (KYC)

To access Yeeld's financial products, you'll need to complete identity verification.

This typically includes:

Full name verification
Identity document verification
Address verification

These checks help protect your account and are required by financial regulations.

Opening investment accounts

If you choose to open an:

ISA
GIA
SIPP

You'll be asked for some additional information, including:

National Insurance Number (where required)
Suitability information
Investment objectives
Tax wrapper declarations (for ISA and SIPP accounts)

You'll also need to accept the relevant Investment Terms & Conditions.

Opening a Yeeld account

When opening a Yeeld account, you'll be asked a few additional questions about:

How the account will be used
Expected funding sources
General account activity

These questions are required for regulatory and compliance purposes.

You'll also need to accept the Yeeld Account Terms & Conditions before the account can be opened.

Your profile grows with you

One of Yeeld's core principles is only collecting information when it's needed.

This means:

You can start quickly with minimal information
Additional details are only requested when you access regulated services
Your profile naturally expands as you unlock more features

In summary

Free Yeeld Connect users can access:

Penny AI
Connected accounts
Spending insights
Cashback rewards
Financial analysis

With:

Email verification
Phone verification
At least one connected account

Premium Yeeld Companion users can additionally access:

Yeeld accounts and cards
Investments
ISAs, GIAs and SIPPs
Premium rewards and features