New Festive Regular Saver Launched for a Stress-Free Christmas 2025

Yorkshire Building Society has launched a new version of its popular Christmas Regular Saver account to help people save for their Christmas 2025 spending, earning a competitive return on their short-term savings and build financial resilience.

The Christmas Regular Saver account has a variable interest rate of 5.00% and allows customers to deposit between £1 and £150 per month whilst allowing access to their savings on one day in the year without penalty, or to close the account if required. The account can be opened in branches, agencies and online.

Recent research[i] released by the mutual shows people planned to spend an average of £774 in 2024 to cover cost of Christmas with over half (51%) of all respondents saying they would spend up to £1,000 on things such as gifts, food, decorations and entertaining. Almost a fifth (18%) of people said they would rely on some form of borrowing to cover the cost of Christmas and over a third (36%) said it would take them at least a year to pay the amount borrowed back.

Data also suggests that people should consider where they keep their money to make it work harder. Analyses completed by Yorkshire Building Society and consultancy firm CACI shows there is still £360bn[ii] being held in current and savings accounts earning 1% interest or less across the UK, leaving some Brits losing out on extra income available from accounts paying higher interest on savings balances.

Harry Walker, senior savings manager at Yorkshire Building Society, said: “Our new Christmas Regular Saver encourages people to save money and help to spread the cost of Christmas. For those new to saving, using the regular saver will give shoppers a healthy sum to draw on for Christmas 2025 without having to rely on credit. For some people, it may also show that saving regularly can be achievable and if the habit is maintained after Christmas, a healthy savings pot can be built.

“With our recent data showing such large amounts are held in accounts paying 1% or less, the start of a new year provides the perfect opportunity to take a close look at your finances and how you could make small changes which add up to much bigger returns. It doesn’t matter how you choose to go about it, making just one positive change to your finances, could make a big difference in the long-term.

“The Christmas Regular saver has proved popular in the past years with last year’s account supporting over 20,000 savers to put away an average balance of £1,070 towards the cost of their 2024 Christmas spending. We’re really proud to offer this popular account again this year, which encourages saving little and often, and also offers a competitive return.”

The Christmas regular saver matures on 31 October 2025 giving access to the funds in time for Christmas spending and popular shopping events like the Black Friday sales.