Leeds Building Society launches new 3 year fixed rate bond

Leeds Building Society has launched a new 3 year fixed rate account to compliment its existing range of fixed rate bonds, all of which offer a highly competitive rate of return combined with the peace of mind provided by access to some of the funds, without notice or penalty.

This branch-based account pays 6.50% AER and allows one withdrawal of up to 50% of the initial amount invested, without notice or penalty at any time. Furthermore, the minimum investment is only £5,000 and there is a monthly interest option paying 6.44% AER for customers who require an income. Additional investments can also be made whilst the issue remains open.

Karen Wint, Head of Marketing & PR said, "This is another product in our range that offers a fixed rate of return combined with the flexibility of access to some of the funds, without notice or penalty. This unique combination of guaranteed rate and access has proved popular with many customers and they can now invest for 2 or 3 years at the same rate – it’s their choice."