New way for savers to support RSPCA
Animal lovers now have a new way to earn a competitive return on their savings and support their favourite charity at the same time.
Yorkshire Building Society is launching RSPCA Saver - with a competitive return of 2.2% gross/AER for investors and an annual donation to the charity of 0.25% on average daily balances in the account.
The traditional passbook account can be opened and operated in any Yorkshire Building Society branch or agency and savers are permitted to make up to four withdrawals per year.
"RSPCA Saver offers investors a market-leading variable interest rate of 2.2% and the opportunity to support an important cause at the same time," said Yorkshire Building Society product manager Mike Helliwell.
"We've kept the terms straightforward - a great return, access to your money four times a year, should you need it, and an annual donation to help the RSPCA to continue its important work.
"The success of our branch-based Triple Access Saver account proved that many people prefer a traditional building society account, the reassurance of seeing their balance in their passbook and the satisfaction of seeing their savings building up.
"RSPCA Saver is open all ages and is a great way to encourage young savers to get into good habits."
The Royal Society for the Prevention of Cruelty to Animals (RSPCA) is the largest and best-loved animal welfare charity in the country. In 2011 it received over 1.4 million calls, investigated over 159,000 animal cruelty complaints and secured 3,114 convictions.
The RSPCA relies entirely on donations from the public, which help to fund the work of its Inspectors and front line staff, who helped rescue and rehome in excess of 60,000 animals giving them a second chance of a new home and life.
Ian Daniels, RSPCA Corporate Partnerships Manager, said: 'We are delighted to be working with Yorkshire Building Society to offer this great product and we are safe in the knowledge that our supporters will be well looked after and offered an excellent customer service.
"RSPCA Saver is an exciting and unique savings account from a name you can trust in a time of economic uncertainty. It offers customers a solid rate of 2.2% interest and gives us a generous donation, at no extra cost, to help us save more animals in need. "
The minimum opening balance for RSPCA Saver is £10 and up to £2 million can be invested. Savers can choose to receive their interest annually or monthly.
For more information, visit ybs.co.uk.