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Can I open a Yorkshire BS internet Saver?


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Written on: 06.02.2010 [16:34]
Priya
Priya
Topic creator
Posts: 2
I am 17 and just got my first part time job. Only in a restaurant but still I am earning a bit of money now, and as I still get money from EMA for college I don’t particularly need it at the moment. My mom told me I should start saving it and said that maybe I could get the Yorkshire BS internet saver like what she has. But I am not sure if they allow under 18’s to have an online saver. Does anyone know? If not what other type of saver could I go for?
Written on: 08.02.2010 [16:11]
Surupa
Surupa
Posts: 2
Will you want instant access to your money or are you hoping to put it away for a while? If so I would suggest am ISA, they usually have better rates and that way it may even stop you from using the money when you don’t really need it.
Also very interesting:
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  • Who offers the best internet savings accounts?
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  • Any disadvantages to investment savings bonds?
  • Are National Savings’ certificates/index-linked savings secure?
  • What is the best savings/investment plan for long term investment?
  • Question about rates on fixed deposits (HDFC Bank).
  • Standing order for my National savings investment account
  • What is the National Savings’ direct ISA?
  • Are the best saving accounts just regular savers?
  • Written on: 10.02.2010 [06:46]
    Quentin
    Quentin
    Posts: 5
    Well it says here on the summary of the internet saver that it is available to anyone over 16…http://www.ybs.co.uk/savings/online/internetsaver/index.html … so it should be fine mate.
    Written on: 10.02.2010 [19:34]
    Peters
    Peters
    Posts: 4
    I opened an Egg instant access saving account when I was 17 and I had no problems at all witht hem. But this will depend on whether you mind being with a company that is totally online etc or if you want a branch to go in to if something goes wrong etc.
    Written on: 11.02.2010 [07:58]
    Priya
    Priya
    Topic creator
    Posts: 2
    Opened my YBS internet saver this morning, thanks for your help!!!