Yorkshire Building Society Monthly Regular Saver

surreysaver

Speculator said:

Closing issue 1 and 3 tomorrow and will transfer it to the 1.9% RCI 5 yr bond.
Keeping issue 2 for the 1.3% rate.

I'm not keen on putting my money away for five years, especially if it attracts tax. I'd consider it if it were an ISA

[Deleted User]

I closed both my extant YBS RS accounts (Issues 2 and 3) on Friday online. Money arrived in my bank account Saturday morning, very efficient.
For info of those closing Monday:-
Issue 2 was opened on 8 August 2019, with £250 deposited on that date and then on 1st of the month September to April (total deposited £2250). Interest added=£20.64.
Issue 3 was opened on 27 Feb 2020, with £300 deposited 27 Feb, 1 March and 1 April. Total deposit was £900. Interest added was a mere £1.75.

MDMD

where_are_we said:

I will continue with issue 2, down to 1.3% tomorrow. What is the benefit of continuing issue 1 and 3 with a minimum monthly SO of £10? I will be closing 1 and 3 unless I`m missing something.

The only benefit I can see to keeping the issue 3 open is 
- if interest rates rocket between now and next February when it matures (slim to nil chance) 
- they launch a “members only product” (unlikely)
- if you want keep £100 in to vote at the AGM 

eddie7612

MDMD said:

where_are_we said:

I will continue with issue 2, down to 1.3% tomorrow. What is the benefit of continuing issue 1 and 3 with a minimum monthly SO of £10? I will be closing 1 and 3 unless I`m missing something.

The only benefit I can see to keeping the issue 3 open is 
- if interest rates rocket between now and next February when it matures (slim to nil chance) 
- they launch a “members only product” (unlikely)
- if you want keep £100 in to vote at the AGM 

Or things get so bad we start thinking 1% is good

surreysaver

Deleted_User said:

I closed both my extant YBS RS accounts (Issues 2 and 3) on Friday online. Money arrived in my bank account Saturday morning, very efficient.
For info of those closing Monday:-
Issue 2 was opened on 8 August 2019, with £250 deposited on that date and then on 1st of the month September to April (total deposited £2250). Interest added=£20.64.
Issue 3 was opened on 27 Feb 2020, with £300 deposited 27 Feb, 1 March and 1 April. Total deposit was £900. Interest added was a mere £1.75.

I got £1.88!

MDMD

eddie7612 said:

MDMD said:

where_are_we said:

I will continue with issue 2, down to 1.3% tomorrow. What is the benefit of continuing issue 1 and 3 with a minimum monthly SO of £10? I will be closing 1 and 3 unless I`m missing something.

The only benefit I can see to keeping the issue 3 open is 
- if interest rates rocket between now and next February when it matures (slim to nil chance) 
- they launch a “members only product” (unlikely)
- if you want keep £100 in to vote at the AGM 

Or things get so bad we start thinking 1% is good

When I was withdrawing my funds this morning I noticed that they have a 1.05% “Single access” account (in both a taxable and ISA variant). Can’t be funded from existing accounts but gives even fewer reasons to pay into the RS issue 3.

pafpcg

surreysaver said:

Deleted_User said:

I closed both my extant YBS RS accounts (Issues 2 and 3) on Friday online. Money arrived in my bank account Saturday morning, very efficient.
For info of those closing Monday:-
Issue 2 was opened on 8 August 2019, with £250 deposited on that date and then on 1st of the month September to April (total deposited £2250). Interest added=£20.64.
Issue 3 was opened on 27 Feb 2020, with £300 deposited 27 Feb, 1 March and 1 April. Total deposit was £900. Interest added was a mere £1.75.

I got £1.88!

Shall we start a bragging competition?  My partner & I both got £1.96!

colsten

pafpcg said:

Shall we start a bragging competition?  My partner & I both got £1.96!

Looks I lost. £1.70.

schiff

pafpcg said:

surreysaver said:

Deleted_User said:

I closed both my extant YBS RS accounts (Issues 2 and 3) on Friday online. Money arrived in my bank account Saturday morning, very efficient.
For info of those closing Monday:-
Issue 2 was opened on 8 August 2019, with £250 deposited on that date and then on 1st of the month September to April (total deposited £2250). Interest added=£20.64.
Issue 3 was opened on 27 Feb 2020, with £300 deposited 27 Feb, 1 March and 1 April. Total deposit was £900. Interest added was a mere £1.75.

I got £1.88!

Shall we start a bragging competition?  My partner & I both got £1.96!

Yes let's! Mine shows £2.04 - deposits on 20/2, 2/3 and 1/4. 
Got to look for some excitement in these trying times!

badger09

schiff said:

pafpcg said:

surreysaver said:

Deleted_User said:

I closed both my extant YBS RS accounts (Issues 2 and 3) on Friday online. Money arrived in my bank account Saturday morning, very efficient.
For info of those closing Monday:-
Issue 2 was opened on 8 August 2019, with £250 deposited on that date and then on 1st of the month September to April (total deposited £2250). Interest added=£20.64.
Issue 3 was opened on 27 Feb 2020, with £300 deposited 27 Feb, 1 March and 1 April. Total deposit was £900. Interest added was a mere £1.75.

I got £1.88!

Shall we start a bragging competition?  My partner & I both got £1.96!

Yes let's! Mine shows £2.04 - deposits on 20/2, 2/3 and 1/4. 
Got to look for some excitement in these trying times!

You need to get out more! Oh, hang on a minute, ......you can't..... sorry