Access Saver is for those who want to be able to access their savings but who know that they won't need to make frequent withdrawals. In return for limiting the number of withdrawals you make, we'll pay you a higher rate of interest.
You'll need £50 to start an Access Saver, and this is also the minimum balance needed to keep the account open.
You have the option to manage your account online. For example, you can check your balance, transfer money to another account or view your tax and interest rate details. To take advantage of this facility, you will need to register for online services once you have opened the account. Find out more about what you can do online.
You can make cash withdrawals of up to £1,000 and cheque withdrawals up to £150,000 from any of our Branches, using the one instant access withdrawal per month. Amounts above this may require a few days notice. If you want to use a local Agency rather than a branch, you can withdraw up to £250 or £500 in cash (depending on the type of Agency) or up to £10,000 by cheque. Again, amounts above this may require a few day's notice.
| Account Name | Access Saver |
|---|---|
| Interest rates (AERs) | Variable rate paid annually or monthly, view interest rate |
| Tax Status |
or
|
| Conditions for bonus payment | N/A |
| Withdrawal arrangements | One withdrawal per calendar month (includes closure), subject to daily withdrawal limits |
| Access | Branch, Agency or Online |
Whether you can benefit from gross, net or tax free interest is dependent on your own personal circumstances and tax status and so may be subject to change in the future.
Interest rates are variable. All rates shown are per annum.
Gross rate p.a.
Interest rate payable before any income tax is deducted. It can only be paid subject to the required registration.
Net rate p.a.
Interest rate payable after the deduction of income tax, at the lower rate of 20%.
AER
AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year. This will enable you to compare more easily the return you can expect from your savings over time.
This savings account can be operated in various ways but must be opened at a branch or via the post.
Note: When applying for a YBS account you will need to verify your identity and address. Check our Verifying your Identity section for more details of what you may need to take with you.
Yorkshire Building Society is one of the largest building societies in the UK. We offer a range of financial products and services including: savings & investment accounts, insurance products, loans, mortgages and more.
Get in touch with us:
Yorkshire Building Society is authorised and regulated by the Financial Services Authority (FSA).