We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Yorkshire B. Society: New Internet Saver Plus Issue 11
Cammie50
Posts: 48 Forumite
I see Yorkshire Building Society have introduced a new Issue 11 on their Internet Saver Plus account with an increased interest rate of 1.31 on balances over £50K. I have my savings in the previous Issue 10 account with a lower rate of .82%.
My question is: Will they automatically increase the rate on my Issue 10 account to match Issue 11 or do I have to open a new Issue 11 account and transfer the lot over to get the new current rate?
0
Comments
-
Normally you'll need to open the new issue and transfer the money to the higher rate account.Being brave is going after your dreams head on0
-
Thanks for your reply….I guessed that would be the case.ScarletBea said:Normally you'll need to open the new issue and transfer the money to the higher rate account.0 -
Why not go with Chase at 1.5% for any balance?.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards