YBS to offer ‘no risk’ guaranteed growth and income accounts

In the current volatile market many savers are looking to increase their returns. They are not, however, prepared to risk their capital by playing the stock market.

Yorkshire Building Society has had a relationship with Credit Suisse since the spring of 2006 offering a number of Guaranteed Investment Accounts (GIAs). They have always been readily accepted by Yorkshire's savers as offering an opportunity to maximise their returns on part of their savings portfolio.

2009 brings an extended range of products, covering combinations of growth, tracked growth and annual income. All three products offer a capital guarantee with varying minimum and maximum returns.

Gary Fowler, Head of Insurance and Sales Operations said: "We have had great success with our previous offerings with Credit Suisse. It is clear that some of our customers wish to spread their investments a little wider than deposit accounts without risking any of their hard earned cash. These three new limited offers cater for both capital growth and income needs, with two of them being available as a cash ISA."

For further information, visit ybs.co.uk