Regular Savings Accounts: The Best Currently Available List!

Section62

Gers said:

Section62 said:

Nick_C said:

Usual problems with YBS.

It also looks like they have resurrected the new website layout again (the one which didn't work last time).

I've tried applying twice, I get to the "Open account" button on the "Review & Confirm" page, at which point the site dumps me out to the main login screen.

If that's what it is caused by, going back to the 'new' website just before launching a likely very popular account won't have been the best business decision YBS have made lately.

I found that despite being shown the login screen again when I scrolled down the option to apply was there. Deceptive!

I've now found a workaround.

Rather than logging in first and then starting the application within online banking, I instead went to the product page on the general website and started the application from there - logging in as an existing customer when prompted to do so.

All worked OK when I did it that way round.

PixelPound

janusdesign said:

where_are_we said:

We have been reducing our uncompetitive RS`s. However the new Tipton & Coseley RS @ 6.2% just about gets over the line. Not so good is that no withdrawals or closure are allowed, and that you have to make at least a £25 monthly contribution and you print off an application form and post it. Hopefully being an existing customer means that ID documents are not required. However you can make 14 monthly deposits of £250. Who knows whether 6.2% will be good in the year to come!

there is an app version paying the same rate if you want to avoid posting application forms.

https://www.thetipton.co.uk/our-savings/current-savings-rates-1/mobile-app-savings-accounts/fixed-rate-regular-saver-to-31-10-24-app/

might be easier than postal?

wiseonesomeofthetime

Yorkshire Building Society Loyalty Regular eSaver 2023

Loving this bit of terminology: (bold italics mine). Like you'd want to make numerous withdrawals on the same day

Withdrawals
The Loyalty Regular eSaver 2023 account allows you unlimited number of withdrawals from your account on one day per account year. Withdrawals are instant and if required you can close your account even if you have used your withdrawal day.

For security reasons, online withdrawals are not available for the first 14 days after your account has been opened. After 14 days withdrawals can be made from your account at any time on condition that there are sufficient cleared funds in your account and that you maintain the minimum balance of £1.

Anyways, opened and funded without issue. 

Rawrzy

where_are_we said:

Manged to open YBS Loyalty ReS @7%. Got account number ok. However it`s a pain that they insist on posting 3 ID documents (one name and two address) despite the fact that I have 8 different accounts with them! I cannot make a deposit until these are ratified.

Crazy they still do that even when you already have accounts. I had that happen when trying to open an account as a new customer. I'd both heard and read on their website they used that hooyu system but apparently not because it didn't even try to use it for me, just instantly said it couldn't electronically verify and wanted proof either via post or via a branch. Only upside was they don't seem to require certified copies.

Middle_of_the_Road

where_are_we said:

Manged to open YBS Loyalty ReS @7%. Got account number ok. However it`s a pain that they insist on posting 3 ID documents (one name and two address) despite the fact that I have 8 different accounts with them! I cannot make a deposit until these are ratified.

I have only four accounts with them, and they didn't need any further ID checks. Did you apply after logging in, or from the website main pages?

where_are_we

From memory, I looked at the website page on Regular savers, and clicked apply, it then asked me to log in and I completed the application. One strange part was after I clicked I was retired, for the next entry I clicked on "Occupation" and I was unable to get the dropped down list come up which is understandable! The next box I also could not fill in (Can`t remember what it was) so I scrolled to the bottom of the page and clicked continue and completed the application.

Sad_Dad

YBS Regular eSaver. I can open one but my wife can't. She gets this message, 'You haven’t had another account with us for long enough to open this loyalty account'. We have an old joint account but I am the main holder, would that be the reason she is being rejected?

schiff

YBS Rainy Day opened 26/9/22 - hope the RS is still available next Tuesday!

doodlector

Section62 said:

I've now found a workaround.

Rather than logging in first and then starting the application within online banking, I instead went to the product page on the general website and started the application from there - logging in as an existing customer when prompted to do so.

All worked OK when I did it that way round.

Just to say that this worked for me too. I have had accounts with YBS continuously for years but my only currently active accounts are <12 months (there was overlap with older accounts that are now closed).
I spoke to YBS help as applying after logging in said I wasn't eligible.  They told me to apply following instructions as above and it then worked.

Middle_of_the_Road

where_are_we said:

From memory, I looked at the website page on Regular savers, and clicked apply, it then asked me to log in and I completed the application. One strange part was after I clicked I was retired, for the next entry I clicked on "Occupation" and I was unable to get the dropped down list come up which is understandable! The next box I also could not fill in (Can`t remember what it was) so I scrolled to the bottom of the page and clicked continue and completed the application.

Still this should be no reason to require ID from someone they must have already (recently I'm assuming) identified. Might be worth a phone call to see if they can proceed without posting ID.