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Yorkshire’s highly competitive easy access saver

Yorkshire’s highly competitive easy access saver

Category: Savings
Date: 22/06/2017

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 It is now over 6 months old so the content may be out of date.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 BS has relaunched its easy access saver, now paying a near market-leading rate, which has made it competitive enough to earn second place in the Best Buy chart for its sector, as well as a high rating.

The basics…

The Single Access Saver Issue 4 boasts a variable rate of 1.10%, which includes a 0.50% bonus for the first 12 months. Interest is paid on its anniversary and must be compounded.

The finer details…

This account requires a minimum investment of £100. Unlimited additions are allowed, but there is only one withdrawal day permitted per account year, which means savers must plan their access carefully. The inclusion of a bonus further means savers would be wise to review their account after the first year, especially as the account turns into a triple access saver (currently paying 0.60%) on maturity. The account can be opened and operated in branch and by post.

Why we like it…

The near market-leading rate on this deal has seen it take over the number two spot in the Best Buy chart for its sector, and deservedly earned it a high rating.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

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