Rising rates good news for Yorkshire savers

Yorkshire Building Society is offering a one-year fixed rate bond paying 6.5% gross per annum (5.20% net) for anyone who invests before 31st October.

The Rollover Bond is available with a monthly interest option for those who rely on their savings for income.

Rollover Bonds are available to new and existing customers and require a minimum deposit of just £100, making them available to any level of saver. At the end of the one year term, savers can choose to either have instant access to their money or to allow it to ‘Rollover’ into a new issue of the bond.

The same great interest rate is also available on the Society’s Treasure Bond, a similar product designed for children’s savings.

For those with ISA accounts offering less attractive rates or reaching the end of a bonus period, the Society offers a one-year Fixed Rate Anniversary ISA, also paying 6.5%, which allows transfers-in from other providers.

Anyone wanting to open a Rollover Bond, Treasure Bond or Fixed Rate Anniversary ISA, or requiring more information should visit ybs.co.uk.