Leeds 5 year fixed rate savings bond at 5% with 25% access
Leeds Building Society has launched a branch based 5 year fixed rate bond paying a high guaranteed return of 5.00% gross p.a./ AER and unlimited access to 25% of the funds, without notice or penalty, at any time.
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 bond offers a rate of 5.00% gross p.a./ AER combined with the flexibility of unlimited access to 25% of the funds. Furthermore, it can be opened with only £100.
"Other fixed rate bonds currently available on the market require customers to lock away all of their funds, and they may not benefit from the full branch facility available at Leeds Building Society. We believe our new 5% branch bond provides the best of both worlds and expect this combination of a high fixed rate and access to prove popular. That is why we have restricted the maximum investment to £1,000 of new money for this branch based account, so that more customers can benefit from this strictly limited offer."