YBS Regular Saver
marka87uk
Posts: 441 Forumite
Hi,
I'm interested in opening a YBS Regular Savings account, currently at 6.85%, and saving between £250 and £500 per month.
Before I proceed, can I ask, would I need my salary paid into a YBS account to qualify? And would I be able to set up a direct debit to fund it from a NatWest account?
Thanks.
I'm interested in opening a YBS Regular Savings account, currently at 6.85%, and saving between £250 and £500 per month.
Before I proceed, can I ask, would I need my salary paid into a YBS account to qualify? And would I be able to set up a direct debit to fund it from a NatWest account?
Thanks.
0
Comments
-
Hi,
I'm interested in opening a YBS Regular Savings account, currently at 6.85%, and saving between £250 and £500 per month.
Before I proceed, can I ask, would I need my salary paid into a YBS account to qualify? And would I be able to set up a direct debit to fund it from a NatWest account?
Thanks.
Nope no requirement for salary to be paid into YBS.
Yes can be funded from Natwest Current Account.0 -
-
Can you fund it from a Sainsbury's account?Noobie (not so ) trying to make loads a dosh - please bear with all my questions :beer: Thanks0
-
if you can the best approach is to deposit money into the YBS internet saver and then setup an automatic monthly transfer to the reg saver on the 1st0
-
The_Fiddler wrote: »Can you fund it from a Sainsbury's account?
You can but you have to do each payment manually. There is no facility to set up a regular standing order.
regards0 -
As Old Fella says, set up a YBS Internet Savings Account at 6%AER (with a monthly interest option if you want it).
Deposit your savings and your monthly cash allowance into it. You can push money from your current account, or pull into the YBS account with a debit card. If you use a debit card, you can do the transaction the day before pay day, but it takes 3 working days for the money to clear.
Then set up the regular monthly transfer from the Internet Saver to the regular saver, and use your Link card to access your ready cash in the internet saver.0 -
Well, all set up now ! Very pleased with how you can fund the account with a debit card online too!
Shame that they do not support exporting to Microsoft Money though (as far as I can see)...
Oh, and the rate online is currently showing as 3.35% (obviously excluding the conditional bonus). When does the conditional bonus rate get paid? As a lump sum after 12 months if the conditions are met, or?!0 -
Oh, and the rate online is currently showing as 3.35% (obviously excluding the conditional bonus). When does the conditional bonus rate get paid? As a lump sum after 12 months if the conditions are met, or?!0
-
If you use a debit card, you can do the transaction the day before pay day, but it takes 3 working days for the money to clear.0
-
The interest and the conditional interest are paid as two separate amounts on the anniversary.0
This discussion has been closed.
Categories
- All Categories
- 343.1K Banking & Borrowing
- 250.1K Reduce Debt & Boost Income
- 449.7K Spending & Discounts
- 235.2K Work, Benefits & Business
- 607.8K Mortgages, Homes & Bills
- 173K Life & Family
- 247.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards