Leeds launch 5% fixed rate savings bond

Leeds Building Society has launched a new 5-year fixed rate bond paying a very competitive return of up to 5.00%.

Kim Rebecchi, Director of Sales and Marketing said, "This simple, straightforward product delivers the peace of mind associated with a guaranteed return at a very competitive rate, where customers can lock in at ten times the current Bank of England Base Rate.

"Furthermore, there is a monthly interest option paying up to 4.85% AER for customers who require an income.

"This is a limited issue so I would urge people to act quickly to avoid disappointment."

Customers can secure access to their money subject to 180 days loss of interest on the amount withdrawn.

For more information, visit leedsbuildingsociety.co.uk