Save for Christmas with Yorkshire BS - Savings - News - Moneyfacts


Save for Christmas with Yorkshire BS

Save for Christmas with Yorkshire BS

Category: Savings

Updated: 21/01/2010
First Published: 07/01/2010

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Yorkshire BS is helping savers plan for Christmas 2010 with a new short term savings account that pays one of the higher rates in the market.

The account pays a yearly rate of 3.50% on a minimum investment of £10, maturing on 30.11.10. Earlier access is not permitted but further additions are allowed. The maximum investment is £1.2K.

The Christmas Saver is intended to help investors save for expenditure later in the year, but not making monthly deposits compulsory means savers will have to display a level of discipline.

The account is also available through Barnsley BS.

The account has been awarded four out of five Moneyfacts stars.

Find the best savings accounts for you - Compare short term bonds

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Savings rates plummet to fresh lows yet again

It’s becoming a recurring theme, and unfortunately, it’s showing no signs of stopping. Savings rates have plummeted to fresh lows once again as the impact of the base rate cut continues – and this month, product availability has followed.

Less than half of savings accounts beat inflation

Official figures show that inflation jumped up during September, with CPI rising to 1%. Not only does this mean that consumers may begin to feel the impact on their wallets, but there are now far fewer savings accounts that will beat inflation.

Number of savings accounts falls to record low

As if the continued drop in savings rates wasn’t bad enough, our latest research reveals another blow to already hard-pressed savers, with the number of accounts available having fallen to a record low.