Yorkshire BS releases loyalty savings bond paying 3.80%

Friday, 09 December 2011 04:02

The Yorkshire Building Society has launched a new special savings bond for existing customers.

The Loyalty Bond is available to savers who have been customers for two years or more and offers a competitive return of 3.80 per cent gross/AER.

The savings bond is available from today (Friday December 9th) and matures on 31st December 2014.

"We wanted to introduce a special savings product with a competitive rate to acknowledge the loyalty of our customers and thank them for their continued business," said Yorkshire Building Society Savings Product Manager Lynne Pepper.

"We know Yorkshire customers particularly value the service they receive in branch so we decided  to launch the Loyalty Bond across our branch and agency network."

Meanwhile, a new fixed rate standard bond, which pays 3.55% gross/AER, also is launched today for new customers or savers or borrowers who have been customers for less than two years.

The minimum deposit for either product is £1,000 and savers can invest up to £2 million.

The new Loyalty Bond and fixed rate standard bond also are available from branches of Chelsea Building Society and Barnsley Building Society.

Compare savings accounts to find the rates and features that you need. 

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