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Yorkshire Building Society Launches 6% Regular Saver for Second Year To Support UK Savings Week
Yorkshire Building Society has today (Thursday 18 September) relaunched its popular £50 Regular Saver account for the second consecutive year to mark UK Savings Week, continuing its commitment to helping people build better financial habits.
The account offers a competitive variable interest rate of 6.00%, allowing customers to save up to £50 per month over a 12-month period. Savers can make three penalty-free withdrawals during the term, or withdraw funds if closing the account. It’s available to open in branches, agencies and online.
This initiative supports the goals of UK Savings Week by encouraging people to start and maintain a regular savings habit, helping them build financial resilience and improve their financial wellbeing.
The account was launched last year following research from the University of Bristol’s Personal Finance Research Centre, sponsored by Yorkshire Building Society, which found the benefits of regular saving go beyond finances. The study found that regular savers are 66% more likely to report high life satisfaction, regardless of income.
Pete Lewis, senior savings manager at Yorkshire Building Society, said: “We’re proud to be supporting UK Savings Week again this year with the relaunch of our £50 Regular Saver. We know how important it is for people to build financial resilience, and we want to help them kickstart a healthy savings habit. This account promotes saving little and often, offers a strong return, and supports people in taking positive action towards their financial goals.”
“We want to inspire a save-first, buy-later mindset – helping people put money aside before they spend, so they can reach their goals without falling into debt. Our £50 regular saver offers people a simple, powerful way to take control of their finances and feel good doing so.”
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