Regular Savings Accounts: The Best Currently Available List!

Middle_of_the_Road

Middle_of_the_Road said:

orange-juice said:

Both of my YBS 7.0% and Nationwide 8.0% regular savers have received their 12th payments last month, and are due to mature at some point this month.

Is it possible/worthwhile depositing another payment? I think some people complained  a while ago, about Mon BS not applying interest properly to the 13th payment as the account had reached the deposit limit (12 monthly payments)?

YBS Loyalty regular e-saver23.

I mistakenly made a 13th payment to the account yesterday.
As of now the balance is £6,500. I will report if/when they return the payment.

The account matures tomorrow, and interest has been added to the £6,500 balance (£248.59). So the 13 payment was not returned, but unsure if the extra £500 deposit attracted any interest.

simonsmithsays

Middle_of_the_Road said:

Middle_of_the_Road said:

orange-juice said:

Both of my YBS 7.0% and Nationwide 8.0% regular savers have received their 12th payments last month, and are due to mature at some point this month.

Is it possible/worthwhile depositing another payment? I think some people complained  a while ago, about Mon BS not applying interest properly to the 13th payment as the account had reached the deposit limit (12 monthly payments)?

YBS Loyalty regular e-saver23.

I mistakenly made a 13th payment to the account yesterday.
As of now the balance is £6,500. I will report if/when they return the payment.

The account matures tomorrow, and interest has been added to the £6,500 balance (£248.59). So the 13 payment was not returned, but unsure if the extra £500 deposit attracted any interest.

It did - click back one page for the plethora of other interest amounts on £6k

Descrabled

YBS regular saver 2023

I've always withdrawn from Coventry B S on a Sunday so that the money arrives in my current account on the Monday (the following working day). I presume a similar withdrawal from YBS on Sunday will mean the money will arrive on Monday.

I dislike these building societies that make me wait an extra day to receive my payment. I intend keeping only a small balance in YBS from now on so that I can make use of the debit card payments for the Halifax £5s.

Growingold

I'm sure I have withdrawn from a YBS account on a Saturday and it reached the destination account on the next day Sunday.

WillPS

pecunianonolet said:

Kim_13 said:

Hardly used the account as the Monmouthshire Regular offered the same rate with unlimited withdrawals, and paid into some 6%+ fixes first as I didn’t expect 7% to hold through the term. £3.08, what will I spend all that on?

I had read of the YBS adjustment here before. Would we be OK to withdraw tomorrow (mine says matures in one day) or is the quirk such that savers ought to wait until Friday?

EDIT: Monmouthshire Issue 2 maturity pack just arrived. Nothing exciting except a prepaid envelope. I had initially thought I’d get the Exclusive Issue 2 with these proceeds but now glad that I changed my mind and applied as it was reported NLA a few days ago. Letter dated 13th September for a 2nd October maturity.

Got the same pack through the post with Monmouthshire. Can you provide maturity options online so when it matures on the 2nd October it gets moved away the same day?

My wife's Exclusive Issue 1 saver matured yesterday. Code didn't work but sending the paper copy in (with passbook, a good reason you should keep hold of it!) and instructions had it paid in to the specified account, no bother.

Funds arrived the day after maturity.

Descrabled

YBS regular saver 2023

Thanks Growingold but I'm waiting 'till Sunday as Lloyds will credit money only on working days.

Stargunner

WillPS said:

pecunianonolet said:

Kim_13 said:

Hardly used the account as the Monmouthshire Regular offered the same rate with unlimited withdrawals, and paid into some 6%+ fixes first as I didn’t expect 7% to hold through the term. £3.08, what will I spend all that on?

I had read of the YBS adjustment here before. Would we be OK to withdraw tomorrow (mine says matures in one day) or is the quirk such that savers ought to wait until Friday?

EDIT: Monmouthshire Issue 2 maturity pack just arrived. Nothing exciting except a prepaid envelope. I had initially thought I’d get the Exclusive Issue 2 with these proceeds but now glad that I changed my mind and applied as it was reported NLA a few days ago. Letter dated 13th September for a 2nd October maturity.

Got the same pack through the post with Monmouthshire. Can you provide maturity options online so when it matures on the 2nd October it gets moved away the same day?

My wife's Exclusive Issue 1 saver matured yesterday. Code didn't work but sending the paper copy in (with passbook, a good reason you should keep hold of it!) and instructions had it paid in to the specified account, no bother.

Funds arrived the day after maturity.

You don’t need the code and you don’t need to send the form back with your passbook. When the RS matures to an EA account you can withdraw your money to a linked current account the same day.

simonsmithsays

Tipton Fixed Rate 31.10.24 - app only 

Has anyone been contacted (a minimum of 14 days prior to maturity) regarding the maturity options as per the fact sheet?

clowning

YBS Regular Saver
3 days till mine matures. No sign of the interest showing yet

Middle_of_the_Road

clowning said:

YBS Regular Saver
3 days till mine matures. No sign of the interest showing yet

Will be two more days for interest to show.