Easy access savings accounts

Get easy access to your savings with greater freedom to manage your money

Discover our best savings accounts to keep your money within easy reach and view your savings online.

Want to know more? Read our guide to easy access accounts.

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Frequently asked questions

What is an easy access savings account?

YBS easy access savings accounts give you freedom to access your money. Easy access accounts can be subject to withdrawal limits, notice periods or a short wait before accessing your cash.

What is an easy access cash ISA?

An easy access cash ISA account comes with a £20,000 annual tax-free ISA allowance. Tax-free means any interest earned is exempt from UK home tax. You can only open one ISA in a single tax year, whereas you can open multiple easy access savings accounts. While easy access ISAs offer tax-free interest payments, with easy access accounts the interest is paid ‘gross’, and at different rates depending on the account balance.

Who is eligible for an easy access savings account?

To get an easy access savings account with YBS, you’ll need to be a UK resident and aged 11 or over (for under 11s accounts can be opened in trust). The account can either be held on your own or jointly with another person.

For an easy access ISA your account must be held in your name only and you must be aged 16 or above and a UK resident for tax purposes. Crown employees, or those married or in a civil partnership with a Crown employee, may also qualify.

How can I access my savings account?

You can make payments from your easy access savings account by Faster Payment, CHAPS payment or cash and cheque withdrawals. Transactions can be made online or by mobile, by post or in a YBS branch or agency. Payments can be made by telephone if your account terms allow and if you have a web-enabled account. Read our guide to making payments from your account to find out more.

Is there a charge for accessing my account?

Making a payment through easy access savings accounts carries no charge for Faster Payments, Standing Orders, Direct Debit and cash or cheque withdrawals. For CHAPS payments there is a £23.50 charge per transaction.

How many times can I withdraw from my savings?

How often you can withdraw from your savings will depend on the type of account you choose with us. With some accounts you can take money out as often as you want to, others offer limited access.

How can I get an easy access account?

Once you’re ready, you can apply online through the YBS website, in a branch, in an agency, or by calling 0345 1200 200 to request an application pack. Some accounts can be opened with a minimum of £1. After your easy access savings account is set up, you can manage the account online, giving you a simple way to make transactions and check your balance and interest rate.

 

Other accounts

Why not take a look at our other types of savings accounts?

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Help & support

Find out more about how to open accounts, make deposits and access your money.

Help & support

Our new savings app

A simpler way to access your savings accounts on phone or tablet - with all the security you've come to expect.

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You're protected!

Your eligible deposits with Yorkshire Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme.

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