Leeds launches unique Winter Fuel Saver account

Leeds Building Society has launched a unique and innovative monthly savings account specifically designed to help the over 60s manage the increased pressure on their finances during the winter months.

The new Winter Fuel Saver account pays 5.12% AER during the winter months, when customers are experiencing their biggest fuel bills, with an overall AER of 2.66%.

Kim Rebecchi, Director of Sales & Marketing said, "We focus on what is important to customers and we have developed this innovative product to deliver a very competitive return with the majority of the interest paid during the winter months, when customers need it most.

"The current low interest rate environment has put pressure on many individuals who rely on their savings to supplement their pensions and to pay their bills. Therefore, we have designed this unique product to pay an excellent guaranteed return in a way that helps savers, delivering an up front return at a time when bills are at their highest.

"We expect this product to be popular and as it is a limited issue, I would urge customers to act quickly to avoid disappointment."

For more information, visit leedsbuildingsociety.co.uk.