Leeds sees strong demand for competitive five year savings bond

Leeds Building Society is seeing strong demand for its five year income bond, with a competitive fixed rate of 2.85% gross/AER.

“We launched this bond in response to demand from customers, as we know many are looking to generate income from their savings,” said Kim Rebecchi, Leeds Building Society Sales & Marketing Director.
 
“We know savers, particularly those on fixed incomes, are seeking to maximise returns and this bond offers a competitive fixed rate to savers who are able to invest their nest egg for the longer term.”
 
The five year income bond has a minimum opening balance of £10,000 and up to a maximum of £1 million can be saved.
 
Interest is paid monthly and withdrawals are not permitted during the term of the bond.
 
For more information, customers can call into their local branch, visit leedsbuildingsociety.co.uk.