YBS Regular Saver, issue 2

markdeer2004

Hi,

I currently have a Yorkshire Regular Saving account, issue 1, but the YBS is now offering a Regular Saving account issue 2. My question is:

Do I still comply with the T&C with the old issue 1 account, ie max of 500 pounds pe rmonth instead of 250?
Does the issue 1 account take on the issue 2 interest rate (there are no issue 1 rate on their site anymore).?

Thanks.

baby_boomer

Hang onto it.

The reason it has been withdrawn is that Issue 1 has a 3.5% guaranteed bonus = 0.25% variable +3.5% fixed = 3.75% total.

So the total rates are the same but yours is much better - if that makes sense!

Not bad considering you have one penalty free withdrawal pa and can change the monthly amoung any time.

Special_Saver2

markdeer2004 wrote: »

Do I still comply with the T&C with the old issue 1 account, ie max of 500 pounds pe rmonth instead of 250?

The terms and conditions on the issue 1 account are unchanged so you can continue to save £500 per month until you have £20,000 in the account.

Does the issue 1 account take on the issue 2 interest rate (there are no issue 1 rate on their site anymore)?

The issue 1 account interest rates are still on the YBS website - http://www.ybs.co.uk/savings/interest_rates/regularsaver.html

SS2