Regular Savings Accounts: The Best Currently Available List!

granta

Nick_C said:

nic_c said:

Jazzking said:

I should have been more patient... deposit now showing in YBS dated 31st Oct so all set to make second deposit tomorrow. 

Probably as its a BS, they do seem to not be instant, though it does show up usually within an hour. If you do transfer via debit card it won't get credited until it's cleared - e.g 3 days. Just in case you try this option.

It will get credited, but it won't earn interest.  Do it Monday to Wednesday, and you are losing 2 days interest.

DC Deposits can be useful for people struggling to reach the £500 needed on multiple Halifax Reward Current Accounts.  You are losing less than 10p a day in interest on the YBS Loyalty Regular Saver.  

Does that mean that if i do a debit card payment on Friday, it loses less interest? Is there an optimal day to make debit card payments to YBS?

Nick_C

If you deposit into YBS with a DC on a Friday, you won't earn interest until the following Wednesday.  Best days to deposit are Mondays through Wednesdays, when you will (normally*) only lose two days.  

(* in the absence of Bank Holidays) 

Kim_13

Anyone have any experience of Monmouthshire BS internal transfers? I set funds to transfer from the 7% RS to the 8% RS today but it still hasn’t been processed.

wmb194

Kim_13 said:

Anyone have any experience of Monmouthshire BS internal transfers? I set funds to transfer from the 7% RS to the 8% RS today but it still hasn’t been processed.

Last I checked its online banking only updates once a day - there is/was a line on there telling you when it was last updated - so I'd check again tomorrow.

Kim_13

wmb194 said:

Kim_13 said:

Anyone have any experience of Monmouthshire BS internal transfers? I set funds to transfer from the 7% RS to the 8% RS today but it still hasn’t been processed.

Last I checked its online banking only updates once a day - there is/was a line on there telling you when it was last updated - so I'd check again tomorrow.

Thanks - had assumed it referred to FP’s in, but that makes sense. I won’t try making the transfer again.

adindas

YBS Christmas 2023 Regular e-Saver

I just checked it my YBS Christmas 2023 Regular e-Saver has become Internet Saver Plus I13. I check the documentation indeed October 30, is the day where the interest is supposed to be paid. If I remember correctly it used to be paying 5.75% but with conversion it becomes 4.80%.

Now it becomes Internet Saver Plus I13, I just wonder does it mean that there is no more restriction for the frequency of withdrawal?? Is that correct??

If this is the case, it is good to keep this account with minimum balance, as this account is one a few savings account that allow deposit by debit card. What do you think??

t1redmonkey

Kim_13 said:

wmb194 said:

Kim_13 said:

Anyone have any experience of Monmouthshire BS internal transfers? I set funds to transfer from the 7% RS to the 8% RS today but it still hasn’t been processed.

Last I checked its online banking only updates once a day - there is/was a line on there telling you when it was last updated - so I'd check again tomorrow.

Thanks - had assumed it referred to FP’s in, but that makes sense. I won’t try making the transfer again.

They update the online accounts around 7am I believe, so any transfers/payments you make after 7am don't appear online until the next day.

allegro120

adindas said:

YBS Christmas 2023 Regular e-Saver

I just checked it my YBS Christmas 2023 Regular e-Saver has become Internet Saver Plus I13. I check the documentation indeed October 30, is the day where the interest is supposed to be paid. If I remember correctly it used to be paying 5.75% but with conversion it becomes 4.80%.

Now it becomes Internet Saver Plus I13, I just wonder does it mean that there is no more restriction for the frequency of withdrawal?? Is that correct??

If this is the case, it is good to keep this account with minimum balance, as this account is one a few savings account that allow deposit by debit card. What do you think??

This is correct, no restrictions for this account except you can't withdraw within first 14 days after your account has been opened.  I closed this account because I have no need for debit card deposits.

fonesaver

allegro120 said:

adindas said:

YBS Christmas 2023 Regular e-Saver

I just checked it my YBS Christmas 2023 Regular e-Saver has become Internet Saver Plus I13. I check the documentation indeed October 30, is the day where the interest is supposed to be paid. If I remember correctly it used to be paying 5.75% but with conversion it becomes 4.80%.

Now it becomes Internet Saver Plus I13, I just wonder does it mean that there is no more restriction for the frequency of withdrawal?? Is that correct??

If this is the case, it is good to keep this account with minimum balance, as this account is one a few savings account that allow deposit by debit card. What do you think??

This is correct, no restrictions for this account except you can't withdraw within first 14 days after your account has been opened.  I closed this account because I have no need for debit card deposits.

The 14 day limitation only applies if you open the account yourself.

Angelica123

adindas said:

YBS Christmas 2023 Regular e-Saver

I just checked it my YBS Christmas 2023 Regular e-Saver has become Internet Saver Plus I13. I check the documentation indeed October 30, is the day where the interest is supposed to be paid. If I remember correctly it used to be paying 5.75% but with conversion it becomes 4.80%.

Now it becomes Internet Saver Plus I13, I just wonder does it mean that there is no more restriction for the frequency of withdrawal?? Is that correct??

If this is the case, it is good to keep this account with minimum balance, as this account is one a few savings account that allow deposit by debit card. What do you think??

That's what I have done. Left a pound to keep account active in case I want to apply for loyalty products in the future.