Yorkshire BS offers loyalty bond with 3.7% return
Wednesday, 22 February 2012 10:43
Yorkshire Building Society has introduced a new savings bond especially for existing customers.
The loyalty bond offers a return of 3.7 per cent over three years and is available to savers and borrowers who have been customers for two years or more.
A minimum deposit of £1,000 is required to start up the savings product.
Savings product manager Mike Helliwell said: “We fully recognise and value the loyalty of our customers and wanted to introduce a loyalty bond with a competitive rate to acknowledge this – a kind of thank you.
“We appreciate their continued business with us and the bond recognises this.”
For new customers, along with savers and borrowers who have been with the building society for less than two years, a new fixed rate standard bond paying 3.45 per cent has been launched today.
Both products will also be available from branches of the Chelsea Building Society and Barnsley Building Society.
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