Yorkshire Building Society

barrettefc

Hi, I read a post on here a while ago asking what was the best bank account for matched betting and someone mentioned the Yorkshire Building Society Basic Bank Account.

It was a bank account with no cheque book facility, no overdraft facility etc... You just got the account, a debit card and online banking.

I went in today and asked if I could set this up and was told I would have to pay £100 to set the account up!!!!

Do they mean there is an actual fee to set the account up or do they mean I must give them £100 to set the account up but the £100 is an 'opening' balance?

latecomer

did you not ask when you were in the branch?

storminbalder

The Yorkshire Building Society doesn't do current accounts. I've just double checked.

Are you sure? Do you mean Yorkshire Bank?

YorkshireBoy

storminbalder wrote: »

The Yorkshire Building Society doesn't do current accounts.

They do a kind of current account...the Cash Transactor. YBS desciribe it as "really more like a bank account than a savings account".

However, whilst it offers DD's, SO's & a link card, it does not offer a debit card or cheque book.

The lack of debit card will mean it's a non-starter for matched betting.


EDIT: OP: The £100 is just an 'activation' sum, and can be withdrawn once the account is up and running (not that it matters now though?).

System

I think it's the Yorkshire/Clydesdale Bank Readycash Account you mean.
Yorkshire Bank & Yorkshire Building Society are commonly confused.

barrettefc wrote: »

Hi, I read a post on here a while ago asking what was the best bank account for matched betting and someone mentioned the Yorkshire Building Society Basic Bank Account.

It was a bank account with no cheque book facility, no overdraft facility etc... You just got the account, a debit card and online banking.

I went in today and asked if I could set this up and was told I would have to pay £100 to set the account up!!!!

Do they mean there is an actual fee to set the account up or do they mean I must give them £100 to set the account up but the £100 is an 'opening' balance?

barrettefc

Ahh I think I have confused myself between The Yorkshire Bank and The Yorkshire Building Society!

Thanks guys!