Short term savings bond choice from the Yorkshire

Yorkshire Building Society is offering savers more choice with a competitive new short term savings bond.

A new fixed rate bond - offering a return of 3.40% gross/AER - is available from Wednesday, 18 July, and matures on 31 January 2014.

The bond is available in branch, online and by telephone, with a minimum opening balance of £1,000.

"Our 18 month bonds have been popular with savers since we first introduced them last summer," said Yorkshire Building Society product manager Mike Helliwell.

"We're finding customers are looking for more choice in short term savings products as they're unwilling to tie up their money longer term at present.

"There's a limited choice of these fixed term accounts on the market so we strive to offer a competitive return."

The 3.40% bond allows deposits of up to £2 million and offers a choice of annual or monthly interest payments.

The find your nearest Yorkshire Building Society branch or agency, visit ybs.co.uk.