£3m invested in Yorkshire Building Society's Christmas fund

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£3m invested in Yorkshire Building Society's Christmas fund

Investors hoping to build up a nest egg for next Christmas with Yorkshire Building Society have already put £3 million to one side.

The Christmas Saver account from the company offers investors a rate of 3.5 per cent AER on the one-year deal, which they can invest £1,200 in over the course of 2010.

Anyone who is interested in taking advantage of the deal has until January 30th to make their first deposit, with it being withdrawn at the close of business on the day.

The account can be opened with just £10 and savers can make as many investments as they choose, as long as they do not exceed the investment limit.

Sarah Lawrence, senior product manager for savings at Yorkshire Building Society, said: "A small amount put away each month from now will help ease the financial burden during next year's festivities."

For consumers looking for a more long-term investment, there is also an Isa available, which offers a fixed-rate of 3.25 per cent AER until February 28th 2013.

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