Yorkshire Building Society reducing interest rates

sparkyspark

Yorkshire Building Society reducing interest rates on our Internet Saver Plus & Internet Saver ISA Plus products (Issues 2 through to 7) 
YBM 11992 Internet Saver Rate Sheet 27 11 20.indd (ybs.co.uk)

youngretired

I've got the Internet saver, how did you get the info as I was only looking yesterday and I couldn't find anything on the site? Shame such short notice, but at least I can move it to West Bromwich 0.90% or Ford Money 0.75% until they decide to drop their rates.

P3

That's my back up number 3 gone. Let's hope the top 2 hang in there 

sparkyspark

youngretired said:

I've got the Internet saver, how did you get the info as I was only looking yesterday and I couldn't find anything on the site? Shame such short notice, but at least I can move it to West Bromwich 0.90% or Ford Money 0.75% until they decide to drop their rates.

Email came this morning

ratechaser

!!!!!!... only had the issue 7 account for 2 months now. Rate more than halved as well. No email yet.

Think we still have an older Paragon account paying 0.75% so that's where it's going, but it's utterly miserable out there for savers right now...

MaxiRobriguez

Hopefully they'll reduce the mortgage rates next.

trickydicky14

I got the email today.
I still have a web saver paying 0.10% but no way am I giving that up as it still lets me set up as many direct debits as I want which is a rare thing these days.

refluxer

trickydicky14 said:

I still have a web saver paying 0.10% but no way am I giving that up as it still lets me set up as many direct debits as I want which is a rare thing these days.

I've not heard of this direct debit issue before - could you explain ?

ratechaser

trickydicky14 said:

I got the email today.
I still have a web saver paying 0.10% but no way am I giving that up as it still lets me set up as many direct debits as I want which is a rare thing these days.

Yes and very useful thing too - is that account still available to open or is it legacy only?

trickydicky14

It's one of the few savings accounts that you can set up DDs with other banks to pay money into it.
So it's helped me out when I switch bank accounts for a bonus and need to have DDs in place
But let it be said, the account is not available to new customers.
I just hope it does not get pulled.

trickydicky14

ratechaser said:

trickydicky14 said:

I got the email today.
I still have a web saver paying 0.10% but no way am I giving that up as it still lets me set up as many direct debits as I want which is a rare thing these days.

Yes and very useful thing too - is that account still available to open or is it legacy only?

It's long gone!!!