Savings

Interest rates: Variable Rate bond 5

Current interest rates

Effective 28 December 2008

Balance £

Interest
Type

Tracking Rate %
above/below
BoE Base Rate

Gross Rate P.A
%
(variable)

Net Rate P.A
%
(variable)

AER %
(variable)

£100 and above

Annual
interest

+ 1.25%

3.25%

2.60%

3.25%

£100 and above

Monthly interest

3.20%

2.56%

3.25%

Interest rate guaranteed to be 1.25% above the Bank of England base rate (2.00%)

Previous interest rates

Effective 30 November 2008

Balance £

Interest
Type

Tracking Rate %
above/below
BoE Base Rate

Gross Rate P.A
%
(variable)

Net Rate P.A
%
(variable)

AER %
(variable)

£100 and above

Annual
interest

+ 1.25%

4.25%

3.40%

4.25%

£100 and above

Monthly interest

4.17%

3.34%

4.25%

Interest rate guaranteed to be 1.25% above the Bank of England base rate (3.00%)

AER stands for Annual Equivalent Rate and shows you 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.

Net: Interest on investments and savings amounts is payable net of income tax, which means after the deduction of income tax at the lower rate of 20%, or subject to the required registration gross.


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.

Get in touch with us:

Yorkshire Building Society is authorised and regulated by the Financial Services Authority (FSA).