Yorkshire BS bond knocks the socks off savers - Savings - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Yorkshire BS bond knocks the socks off savers

Yorkshire BS bond knocks the socks off savers

Category: Savings

Updated: 28/01/2011
First Published: 25/01/2011

MONEYFACTS ARCHIVE
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 It is now over 6 months old so the content may be out of date.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 Building Society has launched a three year branch based bond which should knock the socks off savers.

Paying 4.15% yearly, it equals the market leaders for a three year term so should prove popular with medium term savers.

The monthly option paying 4.07% may prove attractive to those savers looking for an income from their investment.

A minimum investment of £1K is required, but as there is no flexibility to access funds during the term, savers must be confident they can commit the money until maturity.

Four out of five Moneyfacts stars is no mean feat for this impressive bond, which is also available under the Barnsley Building Society banner.

Find the best savings rates for you - Compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at any time.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

Just 44 savings accounts beat inflation

Inflation recorded another large jump during December, and predictably, this has had a devastating impact on the number of savings accounts that beat it, so much so that you’ll need to lock your money away if you want an inflation-beating return.

Just 47% have money in a savings account

We’re often told of the importance of saving, yet unfortunately, the message doesn’t always get through. Indeed, research shows that just 47% of those surveyed have money in a savings account, and 17% have no savings or investment whatsoever.

How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more will be at the top of many financial resolution lists. But how much are you hoping to squirrel away? Encouragingly, many people have impressive targets.
 
Close