Yorkshire Bank is a trading name of Clydesdale Bank plc which is a subsidiary of the National Australia Bank Group. It was founded in the year 1859 in Halifax, West Yorkshire. But the bank joined the group in the year 1990. Yorkshire Bank has 188 retail branches, a strong personal customer base and an expanding business banking capability. It has a UK-wide network of 72 Financial Solutions Centres. Being a financial organization, the bank believes in attending to various social issues from financial disadvantage. This is done by working together with its employees and its stakeholders.
The Yorkshire bank offers personal banking through a variety of products. They have different types of current accounts like ready cash current account, student current account which also come with come with extra benefits like family travel insurance, mobile phone insurance, etc. It has 0% balance transfer credit cards that provide 0% on balance transfers for 16 months and on purchases for 3 months. Their term deposits provide fix rates on savings. The bank provides personal loans for any purpose from buying a new car to booking a long vacation. The loan comes with fixed monthly payments and can be applied online. It has different types of mortgages available for new as well as pre-existing customers.
Another important product of the bank’s portfolio is insurance. The bank provides a comprehensive home insurance policy that covers building and its contents. It has a 24 hour helpline to provide any legal help needed. Car insurance too comes with great benefits apart from the standard cover. It provides a 24 hour claim on all 365 days and also an added cover for all the in – car equipment. Travel insurance can be obtained for a single trip or a multi-trip. It has collaborated with AXA for providing life cover and critical health cover.
The Yorkshire bank has almost every product that could fulfill any financial need. However before finalising any deal, compare the bank with other banks in the UK with respect to financial products such as loans and mortgages.
