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YBS Loyalty Fixed Rate eBond until 31st August 2024 6.00%

Growingold
Growingold Posts: 511 Forumite
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in Savings & investments
Just had an email from YBS . Due to high demand they are pulling this bond from sale online at midnight tonight and will no longer be available.  If you open before midnight you then have 7 days to make any deposits you wish into the account.
«1345

Comments

  • Shedman
    Shedman Posts: 1,589 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    Might as well open one then and decide about whether to fund it in a few days.... 
  • Growingold
    Growingold Posts: 511 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Shedman said:
    Might as well open one then and decide about whether to fund it in a few days.... 
    That's what I thought too

  • Growingold
    Growingold Posts: 511 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Growingold said:
    Shedman said:
    Might as well open one then and decide about whether to fund it in a few days.... 
    That's what I thought too

    Tried opening online says I'm not eligible even though I have other loyalty accounts.  
  • quirkydeptless
    quirkydeptless Posts: 1,225 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Growingold said:
    Just had an email from YBS . Due to high demand they are pulling this bond from sale online at midnight tonight and will no longer be available.  If you open before midnight you then have 7 days to make any deposits you wish into the account.

    Just opened one, not sure if I'll be funding it with much depending on other offers. FOMO :)
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • Speculator
    Speculator Posts: 2,404 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Opened one earlier today. Surprised they are offering a 7 day window to make deposits. Product details state "Once the eBond is closed to new investors, no additional deposits are allowed."
  • Speculator
    Speculator Posts: 2,404 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Growingold said:
    Growingold said:
    Shedman said:
    Might as well open one then and decide about whether to fund it in a few days.... 
    That's what I thought too

    Tried opening online says I'm not eligible even though I have other loyalty accounts.  
    Product details state "To be eligible to open a Loyalty Fixed Rate eBond until 31 August 2024 you must have had an open account (Savings or Mortgage) with Yorkshire Building Society for at least 12 continuous and consecutive months prior to the date of application"
  • Growingold
    Growingold Posts: 511 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    If anyone has any luck opening one tonight please let us know.  Thanks
  • clowning
    clowning Posts: 135 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    I have just successfully opened one. It says active from tomorrow but I have the account number
    #66
  • ForumUser7
    ForumUser7 Posts: 2,528 Forumite
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    edited 19 July 2023 at 6:21PM
    Growingold said:
    Growingold said:
    Shedman said:
    Might as well open one then and decide about whether to fund it in a few days.... 
    That's what I thought too

    Tried opening online says I'm not eligible even though I have other loyalty accounts.  
    Do you currently hold an account with them which has been open and active for 12+ months? YBS goes off the date of your oldest currently open account rather than the age of your membership for online loyalty accounts
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • Growingold
    Growingold Posts: 511 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    edited 19 July 2023 at 6:55PM
    ForumUser7 said:
    Growingold said:
    Growingold said:
    Shedman said:
    Might as well open one then and decide about whether to fund it in a few days.... 
    That's what I thought too

    Tried opening online says I'm not eligible even though I have other loyalty accounts.  
    Do you currently hold an account with them which has been open and active for 12+ months? YBS goes off the date of your oldest currently open account rather than the age of your membership for online loyalty accounts
    @ForumUser7
    Didn't know that.  I have been with them for years but my oldest open active account my Loyalty Regular Saver was opened on 20th July 22.  Yet they sent me an email offering me the Loyalty Bond the other day.
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