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[Deleted User]

I couldn't do a couple of the £500s, did 2 x £100.

£223 is still ok though.

Kim_13

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.

Nick_C

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?

If you don't withdraw until Friday, you won't get the money until Monday (next working day) if it is going to an external account.  You could close tomorrow.

WillPS

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?

Wait for the product name to change, then you'll know it's matured. If it's changed tomorrow, you should be able to close or draw down the account without any issue.

pecunianonolet

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?

Kim_13

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?

There is a code to do this but I have not tried it, several forumites reported that their supplied code would not work. The delay with Monmouthshire seems to be that their online portal is slow to refresh, and does so once a day. I expect it will not show as an Easy Access until 3 October but they will pay to an external account on the same day as you request it. It’s late afternoon but it left enough time for me to utilise several Regular Savers’ August allowances when I received my funds from their Exclusive Regular Saver on the last working day. Another option would be to request closure on the day of maturity regardless of what the online portal says, since they don’t apply a penalty for closure.

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.