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

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135

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  • Growingold
    Growingold Posts: 473 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    soulsaver said:
    I just opened one. I'm aware that YBS online has had problems today... 
    Though still showing online at 4am when you try to open one it says NLA.   What will be will be.
  • castle96
    castle96 Posts: 2,981 Forumite
    Part of the Furniture 1,000 Posts
    Are they taking FURTHER deposits into EXISTING accounts? Just tried putting in anextra £1. Will check 2moro
  • quirkydeptless
    quirkydeptless Posts: 1,225 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    castle96 said:
    Are they taking FURTHER deposits into EXISTING accounts? Just tried putting in anextra £1. Will check 2moro

    I opened one Yesterday but couldn't deposit until Today due to it "setting up". Money went in OK by debit card Today
    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..."
  • soulsaver
    soulsaver Posts: 6,633 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 20 July 2023 at 11:50AM
    soulsaver said:
    I just opened one. I'm aware that YBS online has had problems today... 
    Though still showing online at 4am when you try to open one it says NLA.   What will be will be.
    I finished opening it at c.01.20 this morning. I got the account number & sort code by email from YBS, timed at 01.24.

    I can also confirm the email to me says you have 42 days to fund the account.
  • Speculator
    Speculator Posts: 2,356 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    castle96 said:
    Are they taking FURTHER deposits into EXISTING accounts? Just tried putting in anextra £1. Will check 2moro
    Not received any communication regarding if we can still deposit money. According to the product details, we can't once its a closed issue.

    On the phone to them now.
  • Speculator
    Speculator Posts: 2,356 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 20 July 2023 at 12:11PM
    YBS just confirmed 26th is the last date to pay into the Bond. 

    You can also make as many payments as you like.
  • Sg28
    Sg28 Posts: 450 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 20 July 2023 at 12:15PM
    My confirmation email says 

    "We just need to carry out some further checks before your account can be activated. We will contact you to confirm when these checks have been completed"

    Not sure why they need to carry out checks, ive had a mortgage with them for 10 years!

    They best be quick about it!
    Ex Sg27 (long forgotten log in details)

    Massive thank you to those on the long since defunct Matched Betting board.
  • Catplan
    Catplan Posts: 413 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    soulsaver said:
    soulsaver said:
    I just opened one. I'm aware that YBS online has had problems today... 
    Though still showing online at 4am when you try to open one it says NLA.   What will be will be.
    I finished opening it at c.01.20 this morning. I got the account number & sort code by email from YBS, timed at 01.24.

    I can also confirm the email to me says you have 42 days to fund the account.
    42 days seems very generous, might be worth confirming .

    when they pulled the account they said could be opened until mid night with a 7 day funding window…. The original t&c’s stated once closed no funding was possible, so who knows.
  • apt
    apt Posts: 3,237 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 20 July 2023 at 1:16PM
    soulsaver said:
    soulsaver said:
    I just opened one. I'm aware that YBS online has had problems today... 
    Though still showing online at 4am when you try to open one it says NLA.   What will be will be.
    I finished opening it at c.01.20 this morning. I got the account number & sort code by email from YBS, timed at 01.24.

    I can also confirm the email to me says you have 42 days to fund the account.
    You've misread the e-mail. It says that they will close the account if you do not fund it within 42 days. That doesn't mean that you have 42 days to add funds if they withdraw the account in the meantime, which they have. The e-mail also states 'Any payments received after the account has been withdrawn from sale will be returned to you.' If you want to fund the account they've given you 7 days to do so, not 42 days.
  • badger09
    badger09 Posts: 11,616 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I reminded husband about this account yesterday but he didn’t open it as he was going to town with agency branch today to close 2 other accounts (he’s old school😊). He was told account had been pulled. Cue ‘Oh dear, I’ve driven 30 miles & was going to add money from 2 closed accounts & pay in from another account maturing in a few days. Sigh’ accompanied by a rueful smile. Agency manager came out, took pity on him, said if he filled in the application forms & dated them yesterday😳 she’d treat it as a postal application. Then she completed the forms for him, apart from signature, opened the account, closed the other 2 and did transfers for him. 
    Jammy s*d

    He was told to pay in remaining funds by 26th. 
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