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Leeds unveils top paying high street account with instant access

29th August 2012 Print

Leeds Building Society's new Bonus Access Saver, paying 2.65% gross/ AER, is the top paying account available on the high street with instant access.

The account pays a variable rate of 2.05% gross/ AER, plus an additional bonus of 0.60% until 30th September 2013, giving a current interest rate of 2.65% gross/ AER. The minimum investment is £100, with a maximum investment of £20,000 (£40,000 for joint accounts).

Kim Rebecchi, Leeds Building Society Sales and Marketing Director said, "This account offers unlimited, penalty free access along with a great interest rate. Additional investments can be made, while the product remains available, up to the maximum limit of £20,000 (£40,000 for joint accounts).

"A current rate of 2.65%, combined with the option to open via branch, post and online, makes this product good value and it is currently the top high street instant access account." 

For more information, visit leedsbuildingsociety.co.uk.

Key Features

Bonus Access Saver

Variable rate of 2.05% (gross/ AER) with a 0.60% fixed bonus until 30th September 2013 (currently 2.65% gross/ AER)

From 1st October 2013 the rate will revert to variable (currently 2.05% gross/ AER)

Interest is paid annually on 30th September, commencing 30th September 2013

Annual interest is added to the account, or transferred to another account internally or externally

Minimum investment and operating balance is £100

Maximum investment is £20,000 (£40,000 for joint accounts)

Unlimited withdrawals of any amount can be made at any time

Additional investments can be made whilst the issue remains available for new investments

This limited issue account can be opened through branches, via the internet and by post

Only available to new investments to the Society, transfers from other Leeds Building Society accounts are not permitted