Our hub has been designed especially for you, with a wide variety of hints and tips to help you keep your home and contents safe.
As a parent, you can help your child's savings build.
With a Headstart Savers Account in your child’s name, you can:
You can open a Headstart Savers Account for children aged from 0 - 16 years old.
|Account name||Headstart Savers Account|
|What is the interest rate?||
The gross interest rate payable is 1% above the Bank of England base rate, which is currently 0.10%. Interest is calculated on a daily basis and is paid on the last business day of each calendar quarter.
|Can Yorkshire Bank change the interest rate?||The gross interest rate payable is 1% above the Bank of England base rate, which is currently 0.10%. The rates will be changed on the first business day following any Bank of England base rate change. We will only give you advance warning of any rate change if we change the rate from paying 1% above Bank of England base rate. If this happened we will provide at least 2 months’ notice as described in Section 3.6.13 of the Terms and Conditions.|
|What would the estimated balance be after 12 months based on a £1,000 deposit?||
This is only an example and does not take into account your individual circumstances.
The examples assume that:
|How do I open and manage my account?||
This is an account for children aged from 0 to 16. An Adult must open and operate the Account on behalf of the child;
The account can be opened in branch. The minimum amount to open and maintain the account is £1.
|Can I withdraw money?||
Withdrawals require 95 days’ notice. Withdrawals without 95 days’ notice are not permitted except in the event of the death of an Account holder. Notice to withdraw can be given in branch.
Interest will be paid gross.
Gross rate interest is the interest payable without taking account of any tax payable.
AER (Annual Equivalent Rate). The Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.
Our Headstart Savers Account is an option to save the money they'll need.
To give you more protection against fraud we’re working to make online shopping safer.
Under new regulations for boosting online security, we might use our mobile app to confirm you’re the one making an online card payment or if we can’t do that, we’ll send you a one-time passcode to your phone.
If we can’t confirm it’s you when you make an online card payment, your transaction will be declined.
We’re making some changes to give you an extra layer of security and double-check that it’s you whenever you’re shopping online.
All you need to do is download the latest version of our mobile banking app. You’ll then be able to authenticate online card payments using the app – you can use your passcode or fingerprint ID to do this. Just make sure you remember your login details and keep them safe.
Make sure we have your latest contact details, get in touch on 0800 028 1712 to tell us your mobile or landline number. Or you can head to your nearest store. If we don’t have your phone number we won’t be able to send you a passcode and your transaction will be declined. Having your phone number will also help us to contact you quickly if we spot anything suspicious on your account.Continue to Internet Banking
You may see a difference to when you’re asked to authenticate a payment via Business Internet Banking and the Mobile App, how you do this will remain the same by using:
For more information visit our online help.
Forgot your business internet banking password, we can help.
Just give us a call on 0800 121 4209
Monday – Friday 8am - 6pm and select Option 2.