YBS new 18 month fixed rate savings bond

Yorkshire Building Society is today launching a new 18 month fixed rate bond which can be opened either online or by telephone paying interest at 3% gross/AER.

Sarah Lawrence, Senior Product Development Manager for Savings at Yorkshire Building Society said: "Following feedback from our customers we have developed our telephone system to enable us to open bond accounts over the phone. This bond is the first product to be available using use this new capability. As the bond has only limited availability, application by phone and online ensures customers who want to secure this rate can do so with flexibility and convenience."

The new bonds are available to new and existing customers and as with all Yorkshire's bonds the minimum deposit is just £100, with a maximum balance of £500,000, ensuring all savers can have access to this fantastic rate. A monthly interest option is also available for those who rely on their savings for income.

For more information, visit ybs.co.uk.