Yorkshire offers new two year fixed rate savings bond

On Monday 19th May Yorkshire Building Society is launching a new two year fixed rate savings bond paying a market leading rate of 6.50% gross per annum (5.20% net) with a monthly interest option available for those who rely on their savings for income.

The new bond is available for a strictly limited period to new and existing customers and does not require savers to have other Yorkshire products or services. A minimum deposit of just £100 is required to open the bond, ensuring any level of saver can have access to this fantastic rate.

Chris Edwards, Yorkshire's Head of Mortgage and Savings Development said "There are currently some great interest rates available, but they are mostly just for one year. We have no idea where interest rates will be next year, but with this new bond savers are guaranteed of a great rate, and therefore peace of mind, for a longer period. We will however be limiting the amount we take into this new bond and I would therefore urge savers to act quickly if they want get this market leading rate for their savings."

For more information, visit ybs.co.uk.