Fixed but fluid: one way to cash in on rising rates

Fixed-rate, set-term savings accounts pay more than variable-rate instant-access accounts. But at a time when interest rates are expected to go up, many savers are worried that they will miss out on potential rises if they opt for a fixed-rate account that denies withdrawal of cash until a set maturity date. The Yorkshire Building Society solves the problem by offering a two-year fixed-rate savings account whose interest rate will track the Bank of England base rate if it rises above the account's fixed rate of 5.25 per cent. Money is locked into the account for two years and savers must deposit a minimum of £100. For information call 0845 1200100.