Ulster Loyalty Saver

AndyW79

Hi, has anybody tried to close the Ulster loyalty saver account? 

I have not been able to access the amount of the accrued interest and have not been able to find an option to close the account.

Now I am doubting if it’s a really true easy access, having concerns about the flexibility of the account.

Thanks 

PloughmansLunch

It’s an annual interest account, so you will only be paid the interest on (I think) each first working day of January. I’m happy to keep mine open as it suits my needs, and having experienced Ulster’s processes to open it in the first place, if you decide in favour of closure it may well be a long-winded affair. 

bryanb

I gave up, ran mine down to zero balance. Then ignored it.

friolento

bryanb said:

I gave up, ran mine down to zero balance. Then ignored it.

Don't forget to check for interest

Middle_of_the_Road

friolento said:

bryanb said:

I gave up, ran mine down to zero balance. Then ignored it.

Don't forget to check for interest

On the first working day in Jan 2025

Wheres_My_Cashback

AndyW79 said:

Hi, has anybody tried to close the Ulster loyalty saver account? 

I have not been able to access the amount of the accrued interest and have not been able to find an option to close the account.

Now I am doubting if it’s a really true easy access, having concerns about the flexibility of the account.

Thanks 

Can only close in branch (Ulster or NW ) or via mail. Then you'll get your interest unless you wait til Jan.

BeachNut

If you have a current account with them you can fill in an online form and the closing balance gets transferred to that account. Google how to close...for the link to the form.

AndyW79

Wheres_My_Cashback said:

Can only close in branch (Ulster or NW ) or via mail. Then you'll get your interest unless you wait til Jan.

Thanks, I guess I will keep it as it is the best performer interest wise and hoping it doesn’t go down

I don’t like being blind on the monthly interest generated.

Thanks for the tip of NatWest

AndyW79

BeachNut said:

If you have a current account with them you can fill in an online form and the closing balance gets transferred to that account. Google how to close...for the link to the form.

Have searched for it before posting but it was not very obvious or clear, will try with a live agent tomorrow. Thanks