Yorkshire Building Society launches savings account with 5% interest rate – ‘Competitive!’

Martin Lewis advises on savings accounts and premium bonds

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The financial institution’s new Loyalty Regular Saver will offer customers a variable interest rate of five percent. According to the building society, this latest product is “highly competitive” and will offer people a favourable return on their savings. Customers will be able to deposit up to £500 a month into Yorkshire Building Society’s new savings account.

The new savings account gives customers the opportunity to withdraw money on one occasion throughout the year without fear of penalty.

Existing customers will also be able to withdraw their cash from the Loyalty Regular Saver if they choose to close the account.

This latest offering from Yorkshire Building Society is available to those who either save or have a mortgage with the financial institution.

All members can open the new Loyalty Regular Saver in the building society’s branches across the country.

READ MORE: State pensioners may be able to increase sum by up to £14.75 weekly



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