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YBS Reg Saver Max Deposits

I've got a YBS 7% Reg Saver account. Just wondering if I can pay in more than one deposit per month?

I've got a couple of hundred that has become surplus in my current account and I want to put it in here at 7% along with my monthly standing order. I read a thread not long ago about the YBS Reg Saver and it's terms on max/min monthly deposits per calendar month/year etc that have really confused me.

Comments

  • bristolleedsfan
    bristolleedsfan Posts: 12,680 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I've got a YBS 7% Reg Saver account. Just wondering if I can pay in more than one deposit per month?

    I've got a couple of hundred that has become surplus in my current account and I want to put it in here at 7% along with my monthly standing order. I read a thread not long ago about the YBS Reg Saver and it's terms on max/min monthly deposits per calendar month/year etc that have really confused me.

    as long as u dont deposit more than 500.00 in 1 calender month i dont c why u cant make more than 1 deposit, ive made part cash/cheque deposits and part cheque and part transfer from access saver deposits in same month adding up to 500.00
  • Kazza242
    Kazza242 Posts: 2,203 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    YBS allow multiple deposits to be made to their 7% regular saver, provided when added together, they do not exceed the maximum monthly amount of £500.
    Please call me 'Kazza'.
  • [Deleted User]
    [Deleted User] Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Thanks for the replies. It will still be under £500 for the month. :)
  • Ron2256
    Ron2256 Posts: 180 Forumite
    I've made a big mistake with my YBS reg saver.:mad:
    I've transfered 500£ at the beginning of May and another 250£ on the 31th of May. The account was opened 6 weeks ago and i am now thinking that i may have to close it if i lose the 3.50% bonus interest.
    I've read the T&C's but i can't find anything about the bonus.
    What do you think i should do?
    More bearish than bullish at the moment
  • bristolleedsfan
    bristolleedsfan Posts: 12,680 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Ron2256 wrote: »
    I've made a big mistake with my YBS reg saver.:mad:
    I've transfered 500£ at the beginning of May and another 250£ on the 31th of May. The account was opened 6 weeks ago and i am now thinking that i may have to close it if i lose the 3.50% bonus interest.
    I've read the T&C's but i can't find anything about the bonus.
    What do you think i should do?


    bonus interest on 500.00 for about a month is about 1.46 gross ;)

    u could ask yorkshire if in interests of mutuality they could amend the deposit date from 31st may till 1st june, if u send the money by standing order on 31 may it would be unlikely to have reached yorkshire on 31 may unless u transfered the money from another yorkshire account in which case get yorkshire to transfer it back then re transfer again ;)
  • Ron2256
    Ron2256 Posts: 180 Forumite
    All sorted now.

    I've phoned YBS CS and they told me that I wouldn't lose the bonus as long as I didn't deposit more than £250 the following month.
    I've asked them to put that on paper as i could foresee some problem in a year time.
    I've received the letter this morning.

    Let's hope they don't mess up the isa transfer now.

    Thanks for your help bristolleedsfan.:beer:
    More bearish than bullish at the moment
  • bristolleedsfan
    bristolleedsfan Posts: 12,680 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Ron2256 wrote: »
    All sorted now.

    I've phoned YBS CS and they told me that I wouldn't lose the bonus as long as I didn't deposit more than £250 the following month.
    I've asked them to put that on paper as i could foresee some problem in a year time.
    I've received the letter this morning.

    Let's hope they don't mess up the isa transfer now.

    Thanks for your help bristolleedsfan.:beer:

    glad it worked out, im suprised u not transferring your isa to kent reliance BS. ( assuming that u arent :rotfl: )
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