Offset Plus savings account

No interest is paid on this account

Whether you need to pay tax is dependent on your own personal circumstances and so may be subject to change in the future.

† Interest is paid gross i.e. without tax being taken off on all our savings accounts – ISA accounts pay interest tax-free.

* AER stands for the 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.

Not applicable for this account.

Not applicable for this account. The balance in this account will be offset against the balance of the Yorkshire Building Society Offset mortgage for the purposes of calculating interest on the mortgage.

Eligibility
The Offset Plus Savings account is only available in conjunction with a Yorkshire Building Society Offset mortgage.

It can be opened in sole or joint names (but you can’t open the account with your friend or relative who has the Offset mortgage with Yorkshire Building Society).

Account management
The account can be managed in branch, by post and online.

The minimum balance is £0.

The maximum balance is up to £1 million.

Withdrawals
The Offset Plus Savings allows instant withdrawals subject to daily withdrawal limits without loss of interest.

Maturity
After repayment of the balance of the Yorkshire Building Society Offset mortgage, the balance in the Offset Plus Savings Account (if any) will be transferred to a Access Saver account.