Leeds launches 5 Year Fixed Rate ISA at 4% with access

Leeds Building Society has launched a 5 Year Fixed Rate ISA paying 4.00% tax-free.

This is one of the best ISA rates available on the high street and, unlike many products in the market, offers the flexibility of unlimited access to 25% of the amount invested at any time, without notice or penalty, and a minimum opening balance of only £1.

This product provides a great home for those investors who have yet to use their £5,340 2011/2012 tax free allowance, with just a month to go until the end of the tax year on Friday 6th April 2012. Furthermore, this product allows savers to transfer in all of their ISA subscriptions from previous years', which could be as much as £50,000 plus any interest accrued.

Kim Rebecchi, Leeds Building Society's Sales and Marketing Director said, "The opportunity to earn a fixed rate of 4.00% interest tax-free for five years, from as little as £1, via branch, post and online provides good value. Furthermore, our new 5 Year Fixed Rate ISA delivers flexibility and peace of mind with unlimited withdrawals of up to 25% of the capital allowed at any time, without notice or penalty.

"There is no doubt that investors should review their existing savings and consider transferring their ISAs, to ensure they are maximising their tax free return."

For more information, visit leedsbuildingsociety.co.uk.