Yorkshire Building Society has launched a new Regular Saver paying eight percent interest, earning an “excellent” Moneyfactscompare rating.

The account allows customers to deposit up to £50 per month to help people kickstart a healthy savings habit of investing money “little and often” while earning a “competitive” return.

By investing the maximum amount of £50 in the account per month, savers can amass a balance of £626.01 after 12 months at the current interest rate.

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