Offset Plus for Savers | Mortgages | YBS | YBS
Summary
Account Name | Offset Plus Savings | ||||
---|---|---|---|---|---|
What is the interest rate? | 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. |
||||
Can Yorkshire Building Society change the interest rate? |
Not applicable for this account. |
||||
What would be the estimated balance after 12 months based on a £1,000 deposit? | 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. |
||||
How do I open and manage my account? | Eligibility 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 minimum balance is £0. The maximum balance is up to £1 million. |
||||
Can I withdraw money? | Withdrawals Maturity |
||||
Additional Information |