Yorkshire Building Society launches Christmas Saver
Wednesday, 30 November 2011 11:55
Yorkshire Building Society has again announced the return of its popular Christmas Saver product, which will allow people to save for the festive season in 2012.
Accounts can be opened as of tomorrow (December 1st 2011) at all branches of Yorkshire, Barnsley and Chelsea Building Society and will offer a competitive fixed interest rate of 3.50 per cent.
Up to £1,200 can be held in each account, which can be placed in as a lump sum or in installments throughout next year.
The product will then mature on December 1st 2012, when savers who used their full allocation will have £1,200 plus interest to spend on Christmas presents, food or whatever they choose.
Yorkshire product manager Lynne Pepper said: "Our Christmas Saver is the perfect way to start thinking ahead for next year to take off some of the pressure."
With 224 branches and assets of around £33 billion, the Yorkshire is the second largest building society in the UK.
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