Regular Saver Thread **New and Restarted**

patientperson

This product will be launched on 02-08-2018.

Sorry .. limited details .. seen on Savers Friend website

https://www.saversfriend.co.uk/charts/regular-savings-variable-accounts

It is a 2 year bond - 2.50% variable.

Min £10 / Max £ .. probably £500 but not mentioned.

Also not yet showing on the YBS website.

schiff

The £500 max is mentioned via that link, as is the maximum balance of £12K after two years. The mention of Regular Saver and 2-year Bond about the same thing is a bit confusing, but I suppose it means no access in under two years*.

I'm going to my Virgin store tomorrow to collect a maturing RS and the Yorkshire BS is not far away. I'll see what I can find out!

* PS: sorry, one withdrawal allowed per annum.

eskbanker

patientperson wrote: »

This product will be launched on 02-08-2019.

Sorry .. limited details ..

Unsurprising that there's not much info if it isn't being launched for another year!

patientperson

eskbanker wrote: »

Unsurprising that there's not much info if it isn't being launched for another year!

Yes indeed .. quite a chuckle .. I have now changed the original post to 2018 .. Thanks

Speculator

details now on the ybs website.

https://www.ybs.co.uk/savings/regular/index.html

Appears to be a 1 year account.

Save up to £250 per month for 1 year
£250 per month saved at 2.50% gross p.a./AER would lead to gross interest of £40.79 at the end of the 12 month period

liamcov

It's strange as no letter as such - just a booklet with account options on and a 'renewal form' to make my selection.

On the form one option is 're-deposit your funds with Saffron' and has a list of accounts, one of which is the 3.5% regular.

I'll just tick and see what comes back :cool:

surreysaver

Speculator wrote: »

details now on the ybs website.

https://www.ybs.co.uk/savings/regular/index.html

Appears to be a 1 year account.

Save up to £250 per month for 1 year
£250 per month saved at 2.50% gross p.a./AER would lead to gross interest of £40.79 at the end of the 12 month period

I presume you can open this account at the same time as having their £500pm two-year 2% Regular Saver? I cannot see anything in the T&Cs saying you cannot.

veryintrigued

surreysaver wrote: »

I presume you can open this account at the same time as having their £500pm two-year 2% Regular Saver? I cannot see anything in the T&Cs saying you cannot.

Yes.

Some of us have two of the two year Yorks RS running too! (One formally a N&P one).

Speculator

Annoying that you can't simply download and print the application form to send off. like other Building Societies.

liamcov

surreysaver wrote: »

I presume you can open this account at the same time as having their £500pm two-year 2% Regular Saver? I cannot see anything in the T&Cs saying you cannot.

I can't see that one on their website - is it closed now for new customers?