Preparation for Christmas 2011 in full swing

Over 80 per cent of Brits are worried about the amount of money they spent this Christmas and many are planning to start saving for next year straight away.

Those looking for the best savings rates may wish to check out the new savings account options from Yorkshire Building Society.

The society has launched a special Christmas saver account to help consumers cope with the festive financial strain, paying a competitive fixed-rate of 3.50 per cent gross/AER.

Yorkshire's new account allows savers to make deposits at any time up to a maximum of £1,200 before November 30th 2011 when the account will mature, which allows consumers to make regular monthly deposits to cover the cost of Christmas.

Senior product manager for Yorkshire Building Society, Sarah Lawrence, said: "We have launched our Christmas saver account giving savers the chance to make Christmas worries a thing of the past."

David Murphy, head of campaigns at the Office of Fair Trading, recently said that it may seem early to be thinking about Christmas 2011 but people need to be planning ahead.
 

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2010-12-31 10:15:13 © Moneyextra.com