Leeds Building Society launches new tax free ISA product range

Leeds Building Society has launched a range of fixed rate tax-free ISA products, for 1,2 or 3 years.

All the accounts offer a guaranteed excellent rate of return and the peace of mind afforded by access to a portion of the initial capital invested.

The 1-Year ISA pays 5.60%, the 2-Year version returns 5.70% and the 3-Year 5.85%.

Stuart Fearn, Product Development Manager, said, "As we approach tax year end this excellent range is ideal for investors looking to make last minute subscriptions into an ISA, as well as for the new tax year from 6th April onwards.

"In addition, we accept transfers in from other providers. Many ISA holders who have paid in the maximum £3,000 allocation each year since launch have a capital balance of £24,000, often in accounts earning much less than is now available and without any rate guarantee. By transferring to us they will combine a guaranteed high interest rate with access to their funds."