You'll get an enhanced interest rate, paid annually, and the Air Ambulance is paid a bonus amount, on behalf of account holders. So no matter how much or how little you are able to save, every penny really makes a difference.
"We believe in the Golden Hour. If we can take a patient from accident to medical attention within that period, the chances of recovery are dramatically increased. We now believe in golden pennies and pounds, because your commitment to save for your own future will ensure that ours continues at the same time.
We aim to provide a platinum air ambulance service for Yorkshire and we see our link with Barnsley Building Society as platinum partnership. As we search to strengthen our funding, this affinity account provides benefits for all involved and ultimately saves lives."
Paul Gowland - Director of Fundraising, Yorkshire Air Ambulance
You can invest and withdraw from this account at any time to suit your requirements.
Withdrawals can be made at a branch counter to provide up to £500 in cash or cheques up to the account balance. Withdrawals by post offer cheques only. In both cases your passbook will be required. No notice of withdrawal is required, subject to daily withdrawal limits and the general terms and conditions.
Minimum initial investment - £100 (only £10 for under 16s).
Maximum account holding - £50,000.
Interest is paid annually on 31 December and will be paid after deduction of income tax at the lower rate or, subject to the required certification, gross.
View the interest rate for this account.
The annual bonus payment is made to the Yorkshire Air Ambulance Charity in March. This payment is made by the Barnsley for an amount equivalent to 1% of the average daily balances held within the account type as a whole. This payment does not affect savers' balances.
If you open an account it will be with Yorkshire Building Society (trading as Barnsley Building Society). Barnsley Building Society is operated under its own brand with its own products and as a trading name of Yorkshire Building Society. References in the Specific Product Terms or in the General Terms to "you" and "your" are to the account holder.
Full terms and conditions for this account are available at our branches.
| Summary Box Key Product Information for our Savings Account | |
|---|---|
| Account Name | Saving Saves Lives |
| Interest rates (AERs) | Variable rate of interest paid annually on 31 December. See interest rate |
| Tax Status | Gross or net |
| Conditions for bonus payment | N/A |
| Withdrawal arrangements | Instant access. Unlimited withdrawals, subject to daily limits. |
| Access | Barnsley branch network or post. |
| Balance | Interest type | Gross rate p.a. % (variable) | Net rate p.a. % (variable) | AER p.a. (variable) |
|---|---|---|---|---|
| £100 - £50,000 |
Annual |
0.50% |
0.40% |
0.50% |
AER stands for 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.
Net: Interest on investments and savings amounts is payable net of income tax, which means after the deduction of income tax at the lower rate of 20%, or subject to the required registration gross.
Barnsley Building Society and the Barnsley are trading names of Yorkshire Building Society. Principal office: Yorkshire House, Yorkshire Drive, Bradford BD5 8LJ.
Yorkshire Building Society is a member of the Building Societies Association and is authorised and regulated by the Financial Services Authority and are entered in the FSA register and our FSA registration number is 106085.
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