Simple and straightforward Regular Saver for all

Leeds Building Society's Regular Saver allows customers to benefit from a fantastic rate of 3.05% gross p.a./AER, which is currently over six times higher than Bank Base Rate, by investing as little as £20 per month and up to a maximum of £500.

Kim Rebecchi, Director of Sales & Marketing, at Leeds Building Society, believes this simple and straightforward account is "an attractive proposition", with no requirement for additional products and the ability to earn this great rate on the accumulated balance.

Kim said, "There are currently Regular Savings accounts available with high headline rates from many providers. However, there is often a requirement to open a current account and have a monthly salary or pension paid directly into it.

"The Leeds Building Society Regular Saver has no such requirement. In addition, many of the high headline rate accounts run for a set period of 12 months, and then the accumulated savings are transferred into an instant access savings account, paying substantially less than the Regular Savings account.

"Our Regular Saver has no fixed term, so for example, £500 per month saved for a year and totalling £6,000 can be added to any current Regular Saver balance already accrued. Many of the Regular Savings accounts on the market have a lower maximum monthly investment limit so customers have the opportunity to save more and earn more with Leeds building Society.

"We also provide customers the peace of mind afforded by 1 withdrawal every 12 months, in case of an emergency, without notice or affecting the 3% bonus. Many of the other products do not allow access to any of the funds during the term of the product."

The account can be opened at any of the Society's 68 UK branches without appointment. For more information, customers can call into their local branch, or visit leedsbuildingsociety.co.uk