Leeds BS launches new short term Fixed Rate Postal Bond

Leeds Building Society has launched a new market leading short term Fixed Rate Postal Bond paying a guaranteed return of 2.75% gross p.a./2.77% AER. Furthermore, the bond also allows unlimited access to all of the funds at any time, without notice or penalty.

Kim Rebecchi, Leeds Building Society Sales and Marketing Director said, "The ability to secure a guaranteed fixed return as high as 2.75%, which is 2.25% above Bank Base Rate, combined with the flexibility of full access to the funds at any time will be extremely popular.

"Savers simply cannot lose with this account. They know exactly what they are getting and, with the market predicting a low rate environment until the end of 2010, this product provides an ideal home for their savings, delivering a very high rate of return combined with the flexibility of unlimited access to all of the funds without penalty."

Great rates with great access across a range of channels has proved extremely popular in the current climate and Leeds Building Society has also re-launched its easy access variable online account 3.05%, which also allows unlimited withdrawals at any time, without notice or penalty.

Kim added, "Following a fantastic response to this account, we have reopened the issue at the same great rate. We are delighted to make available this special pre-Christmas offer to both new and existing customers.

"This simple straightforward market leading account speaks for itself. A return of 3.05%, combined with the flexibility of online functionality and penalty free access, make this product absolutely great value."