If you’re receiving a pension and want easy access to your money, Access Saver for Pensioners could be just what you need. With up to four instant access withdrawals per calendar month you can get hold of your money while still earning an attractive rate of interest.
Key features:
Eligibility
If you are an individual who is resident in the UK and you are paid a pension or receive some form of incapacity benefit in lieu of a pension, you can apply for Access Saver for Pensioners to be opened in your name or as a joint account (maximum of four account holders).
Paying money in
To qualify you must have your pension paid directly into the account. For other payments, simply take your passbook and your deposit to any of our branches or agencies. You can also pay money in at branches of the Britannia Building Society through our MutualPlus scheme (for more information please ask for our ‘MutualPlus’ leaflet).
Accessing your money
You can make four withdrawals per calendar month. This includes withdrawal of the total balance if you decide to close your account. You can withdraw up to £500 in cash and up to £150,000 by cheque at any of our branches and up to £250 in cash or £10,000 by cheque at any of our agencies straight away. You may have to give a few days’ notice for larger amounts .
Interest payments
You can choose to have your interest paid on the last day of each month or annually on 31 March. It can be paid to another Yorkshire Building Society account, to another building society account or to a bank account. Only annual interest can be added to your Access Saver for Pensioners account.
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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, credit cards, loans, mortgages and more.
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Yorkshire Building Society is authorised and regulated by the Financial Services Authority (FSA).