Yorkshire Building Society has launched a new limited-edition, single access saver (SAS) account.
The one-year SAS account has a variable interest rate of 1.25% and will allow customers to access their savings on one day a year without penalty or to close the account.
The new product has a minimum opening balance of £100 and deposits can be made at any time during the year up to £2m.
After 12 months, the account will mature into the latest issue of the building society's triple access saver account.
Louise Halliwell, senior savings manager at Yorkshire Building Society, said: “The latest issue of our single access saver is likely to appeal to savers who want to benefit from a competitive return on their money for a year, but who value limited access to their funds in case of emergency.
“Previous issues of this account have proved popular with savers and we're sure this latest edition, which offers face-to-face customer service and a passbook, will be equally as well received.”
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