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YBS internet saver
kingmonkey
Posts: 846 Forumite
What has happened to it?
0
Comments
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From the ybs site...Internet Saver: this account has been temporarily closed to new applications. Existing account holders can continue to manage their accounts online as normal, and view the account terms and conditions0
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Not big enough to cope?
Maybe time they merged with another large society e.g. Chelsea or Coventry to give them a bit more scale?0 -
Thankfully I was able to manage to open my ybs internet saver last month. I use this account as my emergency fund as it has a link card.0
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I hope this doesn't mean a massive reduction in interest rates for this account as I've just moved a lot of cash in
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I've just transfered my money over to this account. Over subscription doesn't look good for interest rates.
Incidently my account says my AER is 5% rather than 5.1% anyone else has this (my account is monthly however AER should be the same as yearly)Money, Money, Money ..... Banks/Casinos/Bookies give me all you money its a poor mans world....0 -
But your monthly interest is 'paid away', isn't it?ashcarrot wrote:(my account is monthly however AER should be the same as yearly)0 -
I suppose im having a thick day and dont know what you mean. I have found that they pay the interest to my current account if that's what you mean.Money, Money, Money ..... Banks/Casinos/Bookies give me all you money its a poor mans world....0
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Ahhh I see what your saying the interest is 5.1% gross but theres no compound interest as its going to my current account. Ahhh me understands now
Money, Money, Money ..... Banks/Casinos/Bookies give me all you money its a poor mans world....0
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