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Yorkshire Bank 5.10% fixed rate savings bond

3rd December 2009 Print

Yorkshire Bank has launched new rates of up to 5.10% on its Term Deposit account.  The account is ideal for those who want to put away a lump sum and don't want to make any withdrawals or additional deposits.

Key Features

Guaranteed interest rates - up to 5.10% Gross/AER.

Range of savings terms - choose from 3, 6, 12 and 18 months and 2, 3 and 5 years.

Minimum opening balance £2,000, save up to £5,000,000.

Interest capitalised and paid annually, or on maturity.

Monthly or annual payment interest option also available - receive your interest monthly, paid directly to your Yorkshire Bank account.

Early withdrawals only for closure and are subject to interest penalty.

Gary Lumby, head of retail for Yorkshire Bank, said: "People want to ensure that their money is safe and is working for them and at Yorkshire Bank we are focused on delivering competitive rates for savers.

"Our best rate is available on our Term Deposit account which is ideal for those who want to invest for a longer term and don't wish to make any additional withdrawals or deposits." 

For further information, visit ybonline.co.uk.