Leeds Base Rate Tracker Bond with unlimited access to 50%
Leeds Building Society has launched a unique 2-Year Bond that tracks Bank Base Rate (BBR) plus an additional 1.75%, currently 2.25%, with unlimited access to 50% of the funds at any time without penalty.
Furthermore, there is also a monthly interest version paying BBR plus 1.50%, currently 2.00% (2.02% AER), for savers who require a regular income.
Kim Rebecchi, Leeds Building Society's Sales and Marketing Director said, "We have looked at the savings accounts available and delivered a unique product to market. This tracker offers an excellent rate combined with the flexibility of unlimited access to half of the funds at any time, without notice or penalty.
"We believe customers have the best of both worlds with this combination. This tracker pays a good rate of interest and, with BBR at a historically low level, there is potential for the rate to rise further during the product term. This account will be suitable for those investors who are wary of tying up all of their money for long periods, want to benefit from any increase in BBR and still wish to have access to cash quickly should the market change or in an emergency."
For more information, visit leedsbuildingsociety.co.uk.