This comparison simply includes all savings accounts.
Yorkshire Building Society Current Account
Why we like it: Unlimited deposits and withdrawals. Interest paid monthly: can be added to your Notice Saver or paid to your linked account. Easy application process, you just need a UK mobile phone and UK driving licence or passport. Manage account online. Maximum balance £250,000. Withdrawals subject to 90 days notice. Must be aged 18 or older and have a UK address. Must have a linked UK current account
Why we like it: MARKET LEADING INSTANT ACCESS ACCOUNT. Unlimited payments and withdrawals. Interest paid annually. Open in a single or a joint name. Maximum deposit £250,000. FSCS Protected. Winner of Platinum Feefo Trusted Service Award in 2021. Must be UK resident and be aged 18 or older
Why we like it: Interest paid annually. Unlimited deposits and withdrawals. Open and manage online. FSCS Protected. Must be UK resident and be aged 18 or older
Why we like it: Easy access savings account that tracks the Bank of England base rate. Wave goodbye to the constant cycle of account hopping and forget waiting for banks to pass on higher interest rates. Interest rate moves with the Bank of England base rate, guaranteeing a fixed margin of up to 0.5% below, and adjusts the very next day. Easy access to your money with once a month withdrawals, without notice and without fees. Earn daily interest on your money, and experience the power of compounding to make your savings work harder. Maximum deposit £250,000. Wombat has partnered with GB Bank to bring you the Base Rate Tracker. GB Bank is an award-winning, fully authorised and regulated UK bank. FSCS eligible on your deposits. Must be UK resident. Must be aged 18 or older
Why we like it: A new savings account from Chip built to move with the Bank of England and reward you faster than the banks. Interest paid monthly. Deposit and withdraw almost instantly. No fees or charges for holding account. FSCS eligible on your deposits. Must be UK resident. Must be aged 18 or older.
Why we like it: Tiered interest: £1 to £10,000 – 4.80% Gross/AER, £10,001 to £50,000 – 4.80% Gross/AER, £50,001 to £500,000 – 4.80% Gross/AER. Unlimited payments and withdrawals. Interest paid annually. Open in a single or a joint name. Maximum deposit £500,000. Open and manage account online. FSCS Protected. Must be UK resident. Must be aged 16 or older
Why we like it: Choose monthly or annual interest payments. Unlimited deposits and withdrawals. 24/7 access to your savings. Open and manage online. After 12 months the rate will revert to the underlying rate, currently 1.55% gross/AER variable. Post Office Online Saver is provided by Bank of Ireland UK. Must be UK resident. Must be aged 18 or older. FSCS protected
Why we like it: Which? Recommended Savings Provider. No notice period. Deposit from £100. Interest paid monthly or annually. Apply in minutes. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services. Compensation Scheme (FSCS)
Why we like it: Instant access to your savings. Unlimited deposits and withdrawals. Interest paid monthly, either to a linked current account, or adding it to your Online Flexi Saver account. Easy application process, you just need a UK mobile phone and UK driving licence or passport. Manage account online. Maximum balance £250,000. Must be aged 18 or older and have a UK address. Must have a linked UK current account. Your eligible deposits with Investec Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)
Why we like it: Interest paid monthly or annually. Open in a single or joint name. Unlimited deposits and withdrawals. Covered by the FSCS. Must be UK resident. Must be aged 16 or older
Why we like it: All funds deposited into the RCI Bank E-Volve Savings 14 Day Notice Account will be used to fund pure electric vehicles and charging facilities. Interest paid monthly or annually. Manage account online. UK-based support, seven days a week. Which? Recommended Savings Provider. Unlimited withdrawals subject to 14 days notice. Must be UK resident. Must be aged 18 or older. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)
Why we like it: MARKET LEADING 6 MONTH FIXED RATE BOND. Interest paid at maturity. Open in a single or a joint name. Maximum deposit £250,000. FSCS Protected. Winner of Platinum Feefo Trusted Service Award in 2021. Must be UK resident and be aged 18 or older. No withdrawals permitted
Yorkshire Building Society
YBS have a range of easy-access and online savings options that could help you get started with saving.
They do not have current accounts available at the moment.
However, Norwich & Peterborough Building Society, who are part of the Yorkshire Building Society Group, do offer current account facilities.
Their online savings accounts include:
Help to Buy: ISA
This is a great scheme that helps you save with a 2.00% tax-free p.a./AER variable. You can open this Cash ISA with up to £1,200 in the first calendar month, a calendar month being the start to end of each month. During the following months, you can then save up to £200 per calendar month.
This account is designed for first time buyers saving for their first UK residential property. The name ‘help to buy’ is due to the 25% bonus incentive from the Government on your savings. The minimum bonus is £400 based on savings of £1,600 with a maximum bonus of £3,000 based on £12,000 saved. There are some rules :
- Withdrawals are permitted but won’t qualify for a Government bonus
- This is not a flexible ISA so subject to subscription limits
Internet Saver
You can save from as little as £1, up to a maximum of £1 million at 0.50% gross p.a/AER variable. With this account you can:
- Opt to receive an ATM card to withdraw money at any LINK ATM
- Make as many withdrawals online as you like
- Monthly and annual interest options
- View your balance and transfer money online whenever you choose
E-ISA
You can open this account with just £10 and save at 0.50%p.a./AER variable.
With this account you can:
- Transfer in ISAs from other providers - charges may apply so check with your existing provider
- Make withdrawals online by transferring money to any account you choose
- Annual interest
- View your balance, recent transactions and statements online
Easy Access Savings Account
This is a cash card saver meaning you’ll be able to withdraw money from it at any ATM. You can earn interest on your savings at the rate of 0.25% gross p.a./AER variable and open it with £10 or more.
With this account you can:
- Make as many withdrawals as you like - the minimum operating balance is zero
- Register to view your balance, manage payments and transfer money online whenever you choose
- Get 24-hour access to your money with a card you can use at any LINK ATM
- Receive interest once a year
Triple Access Saver
Much like a traditional savings account. This is a passbook account. With the Triple Access Saver you can save from £100 up to £2 million and add to the account whenever you like. You will earn interest at 0.60% gross p.a./AER variable. With this account you can:
- Close your account with no loss of interest by using one of your 3 withdrawal days
- Manage your account with a Passbook in any of their branches
- Make withdrawals on 3 days each account year based on the anniversary of the account opening
RSPCA Saver
This savings account is open to both adults and children and you can save from £10 up to £2million.
With this account you can support the RSPCA as they’ll donate 0.25% of the average daily balance in all RSPCA accounts to the RSPCA each year. You can also:
- Manage your account with a Passbook in any of their branches
- Make withdrawals on any four days each account year based on the anniversary of the account opening
Yorkshire Building Society have a great range of options for people to begin saving.
