Leeds improves fixed rate ISAs

Savers seeking tax-free returns have two new fixed rate products to consider from Leeds Building Society.

These are:

One year fixed rate ISA paying 1.20% tax-free† pa/AER*

Two year fixed rate ISA paying 1.40% tax-free† pa/AER*

“Most savers benefit from the Personal Savings Allowance§ but ISAs are still relevant, as a way to shield your savings from the taxman in the longer term,” said Richard Fearon, Leeds Building Society’s Chief Commercial Officer.

“Anyone who’s been saving into tax-free accounts since they were launched could have built up quite a significant nest egg by now.

“All our ISAs allow transfers in of previous years’ subscriptions so this maximises the benefit of keeping the returns tax-free.

“Our latest fixed rate ISAs are among the best on the High Street and part of our wider tax-free savings range, which offers a choice of fixed terms and easy access products.”

No withdrawals are permitted but deposits up to the subscription limit are allowed as long as the products remain open.