Christmas Savings Accounts

Enigmaman

Painful as it is to start thinking about next Christmas, I had a Yorkshire Bank Xmas Saver in 2023 and would like to open another this year.

However, I see no sign of it today on the YBS website. Any other suggestions? Does not seem to be much on offer and I would prefer to avoid Park Xmas as they give you a voucher. 

allegro120

Enigmaman said:

Painful as it is to start thinking about next Christmas, I had a Yorkshire Bank Xmas Saver in 2023 and would like to open another this year.

However, I see no sign of it today on the YBS website. Any other suggestions? Does not seem to be much on offer and I would prefer to avoid Park Xmas as they give you a voucher. 

Looking at my record, I've opened YBS Christmas (5.75%) on 18th January.  I usually open accounts as soon as they are launched, so I suspect that previous YBS Christmas was released in the middle of January.  However, there is no guarantee that they will launch this product again this year. We'll have to wait and see what happens.

EarthBoy

Enigmaman said:

I had a Yorkshire Bank Xmas Saver in 2023 and would like to open another this year.

Yorkshire Bank is now Virgin Money.  Do you mean Yorkshire Building Society?

subjecttocontract

Tesco Club Card Voucher rules are changing this year. Add £200 to the account by 1st April for a £12 bonus in November........by my calculations that pays circa 8.5%.

jaypers

subjecttocontract said:

Tesco Club Card Voucher rules are changing this year. Add £200 to the account by 1st April for a £12 bonus in November........by my calculations that pays circa 8.5%.

Add to what account? 

subjecttocontract

Your Tesco Club Card Account.

flaneurs_lobster

subjecttocontract said:

Your Tesco Club Card Account.

....if you have opted in to the Clubcard Christmas Saver Scheme. Top-up only available in person at Customer Service Desks (aka The Fags'n'Lottery).

In previous years you could add £200 to your account in November and receive £212-worth of Tesco vouchers in December. This year they are stopping cash deposits in April. The scheme still receives your Clubcard point credits throughout the year. 

Obviously less attractive this year since £200 is required to be deposited for 8 months rather than 1.

jimjames

Does it need to be called Christmas? What about regular savers paying up to 8%?

subjecttocontract

jimjames said:

Does it need to be called Christmas? What about regular savers paying up to 8%?

I don't believe there are any paying 8%......this is the only opportunity in town that can guarantee that sort of return.

where_are_we

I have participated in the tesco xmas clucard saver bonus scheme in the past. The 2024 scheme is a "pale shadow". If you do particpate and wonder how to spend £200, I use the vouchers on their buy 6 bottles of wine 25% offer, £9 Baileys offer and £20 1 litre Jack Daniels offer. These usuallly occur in December. Keeps us stocked up until the spring!

eskbanker

subjecttocontract said:

jimjames said:

Does it need to be called Christmas? What about regular savers paying up to 8%?

I don't believe there are any paying 8%......this is the only opportunity in town that can guarantee that sort of return.

Nationwide disagrees with you:

Flex Regular Saver | Regular Savings Account | Nationwide