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Anyone had problems with Yorkshire BS?

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  • happybagger
    happybagger Posts: 1,033 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Combo Breaker
    dunstonh said:
    Beware investing with them.

    Your issues appear to be about a savings account.   Not investments.


    Bit harsh, when most building societies will refer to their savings accounts as "investing", "investing in", "investments", etc

    And remembering of course. that building society members fall into one of two categories (or both):
    borrowing members, or investing members

    Investments fall into many categories. Plain savings accounts are one such category
  • Voyager2002
    Voyager2002 Posts: 16,237 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    It seems a very underhand way for Yorkshire BS to get your money for their own short-term investments. Is it a scam? Maybe it's legal, but it's certainly not a fair way to do business.
    You wanted to make a deposit and earn interest: that is precisely what is happening. It would only be "underhand", or "a scam", if they conjured up some reason to deny you interest.

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