Leeds Building Society launch 1 year fixed rate bond

Leeds Building Society has launched a new 1-Year Fixed Rate Bond paying 6.25% gross p.a./AER on a minimum balance of only £100 with access, without notice or penalty, to 50% of the amount invested at any time.

Furthermore, there is a monthly interest option providing a return of 6.17% AER (6.00% gross p.a.) for people who require an income.

Karen Wint, Head of Marketing & PR said, "We have designed this product, which is available via our branch network, to offer customers a competitive guaranteed rate and access to up to 50% of their funds, at any time, without notice or penalty.

"Customers can invest as little as £100 and will earn 6.25% AER fixed from a high street account, which is excellent value, with a monthly interest option paying 6.17% AER. This account provides an excellent return and good flexibility."

For further information, visit leedsbuildingsociety.co.uk.