Regular Savings Accounts: The Best Currently Available List!

JamesRobinson48

Yorkshire BS has launched a new RS paying 5.00% variable (max £500 pm, max £6000 total, one year term, existing customers of at least 12 months standing only).  Opened online and funded.

https://www.ybs.co.uk/savings/product?id=YB901552W

quirkydeptless

JamesRobinson48 said:

Yorkshire BS has launched a new RS paying 5.00% variable (max £500 pm, max £6000 total, one year term, existing customers of at least 12 months standing only).  Opened online and funded.

https://www.ybs.co.uk/savings/product?id=YB901552W

Wow!

Keeping that £1 in a 6 access saver is going to pay off nicely

All set up now

YBS has thrown down the gauntlet. Hoping this is a sign of things to come.

castle96

done mine, however confused by this. Does it mean NO withdrawals, or not?

The Loyalty Regular eSaver account account allows you to withdraw from your account, without losing any interest, on one day per account year based on the anniversary of the account opening date. Withdrawals are instant and if required you can close your account even if you have used your withdrawal day. If required you can close your account even if you have used your withdrawal day.

badger09

castle96 said:

done mine, however confused by this. Does it mean NO withdrawals, or not?

The Loyalty Regular eSaver account account allows you to withdraw from your account, without losing any interest, on one day per account year based on the anniversary of the account opening date. Withdrawals are instant and if required you can close your account even if you have used your withdrawal day. If required you can close your account even if you have used your withdrawal day.

I haven't read the T&Cs but what you've posted above means you can make one withdrawal a year (probably 12 months or 12months + 1 day after opening date) without losing any interest.

PRAISETHESUN

badger09 said:

castle96 said:

done mine, however confused by this. Does it mean NO withdrawals, or not?

The Loyalty Regular eSaver account account allows you to withdraw from your account, without losing any interest, on one day per account year based on the anniversary of the account opening date. Withdrawals are instant and if required you can close your account even if you have used your withdrawal day. If required you can close your account even if you have used your withdrawal day.

I haven't read the T&Cs but what you've posted above means you can make one withdrawal a year (probably 12 months or 12months + 1 day after opening date) without losing any interest.

YBS Reg Saver

My understanding of the terms is that you're allowed 1 withdrawal during the fixed term. Account closure doesn't count as a withdrawal so if you've already made a withdrawal, you can still close the account to access your money. Interest is calculated daily, so presumably they would also pay any interest accumulated to date on closure.

qsk

£500 per calendar month and maximum £6000. If I pay today and switch to 1st from next month, no payment for last month (07/23)?  

apt

Yes, no 13th payment if you already reach the maximum of £6000. Was the same with the previous 3.5% YBS loyalty regular saver.

AndyTh_2

Seems I'm not eligible for the YBS Loyalty Regular Saver even though I've continuously had accounts with them since 2020 (different accounts over time)

Are they limiting the 1 year to currently open accounts, rather than continuous membership between accounts overlapping that are now closed?

e.g. 2020 I had an ISA, then months before closing I opened a "Online Rainy Day" savings account to keep membership for loyalties like this, which I closed after opening the Internet Saver issue 10 in 2022

Wheres_My_Cashback

AndyTh_2 said:

Seems I'm not eligible for the YBS Loyalty Regular Saver even though I've continuously had accounts with them since 2020 (different accounts over time)

Are they limiting the 1 year to currently open accounts, rather than continuous membership between accounts overlapping that are now closed?

e.g. 2020 I had an ISA, then months before closing I opened a "Online Rainy Day" savings account to keep membership for loyalties like this, which I closed after opening the Internet Saver issue 10 in 2022

• To be eligible to open a Loyalty Regular eSaver you must have had an open account (Savings or Mortgage) with Yorkshire Building Society as either Main Holder, Other holder or Trustee for at least 12 consecutive months prior to applying and already be registered for online access

Daliah

AndyTh_2 said:

Seems I'm not eligible for the YBS Loyalty Regular Saver even though I've continuously had accounts with them since 2020 (different accounts over time)

Are they limiting the 1 year to currently open accounts, rather than continuous membership between accounts overlapping that are now closed?

e.g. 2020 I had an ISA, then months before closing I opened a "Online Rainy Day" savings account to keep membership for loyalties like this, which I closed after opening the Internet Saver issue 10 in 2022

Their programs will probably just look at how long your existing account has been open. I'd call them - a human will be able to see that you have had accounts without interrupt.