Leeds fixed rate savings bonds paying up to 4% with 50% access

Leeds Building Society has launched a new range of fixed rate savings bonds, available over 3 or 5 years, that guarantee to pay a competitive return of up to 4.00% gross p.a./AER.These products also offer full, instant access to 50% of the initial capital invested, which is unique in the market, and the minimum balance is only £100.

Kim Rebecchi, Leeds Building Society's Sales and Marketing Director said, " We know that simple and straightforward fixed rate accounts are popular and, with the Bank of England Base Rate still at just 0.50%, these products offer excellent value.

"These bonds combine a good rate of return with the peace of mind associated with access of up to 50% of the initial capital invested, without notice or penalty, at any time. This facility is unique in the market and offers customers the reassurance of having access to a proportion of their capital should they need it over the investment term.

"Furthermore, there is also a monthly interest option available for customers who would prefer to secure fixed income."