Savings

Variable Rate TESSA-only ISA - key features

If you have a TESSA-only ISA with another provider and you want a variable rate account with a competitive rate of interest, then look no further than our Variable Rate TESSA-only ISA.


Key Features:

  • AER guaranteed not to be more than 1% below Bank Base Rate
  • Minimum investment of £10
  • No penalties for withdrawals or closure
  • Transferring to another provider is simple requiring only 7 days written notice
  • Annual or monthly interest rate option available*

Choose from the following:

* Interest is calculated on a daily basis and will be added to your account on maturity. Alternatively you can choose to take a monthly income from your account. Monthly interest is paid on the last day of each month and must be paid to another YBS account, a bank or another building society account. Therefore, to maximise your tax-free savings you should choose to have annual interest added to your account. Monthly interest is available as some investors take an income from their savings and want their ISA to form part of their investments portfolio.


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).