Rising rates good news for Yorkshire savers

Yorkshire Building Society has increased the rate on its one year fixed rate bond to 6.35% gross per annum (5.08% net). The Rollover Bond is also 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 the account to ‘Rollover’ into a new issue of the bond with a new one year fixed rate.

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

Rollover Bonds and Treasure Bonds can be opened at any Yorkshire’s high street branch or agency. Alternatively customers can contact the Society on 0845 1200 100 or via the internet on ybs.co.uk, for details on how to open an account by post.