Leeds Building Society has launched a new Fixed Rate Postal Bond savings account with a unlimited access to the funds.
The new market leading Fixed Rate Postal Bond pays a guaranteed return of 2.50% gross p.a./2.52% AER.
The minimum investment is £1,000 and the maximum £1,000,000 (£2,000,000 for joint accounts). There’s unlimited access to all of the funds, without notice or penalty.
Kim Rebecchi, Leeds Building Society Sales and Marketing Director said, “This product offers the best of both worlds. Savers know exactly what they are getting and, with the market predicting no increase in rates for some time, the Fixed Rate Postal Bond provides an ideal home for their savings, delivering a very high rate of return.”
As Rebecchi adds “if rates do increase earlier than anticipated or a customer’s circumstances change, they can withdraw their funds at anytime, delivering complete peace of mind.”
For more information, savers can call 08450 540 995 or visit the website at www.leedsbuildingsociety.co.uk
Leeds have also extended the availability of their exclusive and market leading London Instant Access Account paying 2.55%.
This savings account, which also offers instant access at any time and has a minimum investment of only £100, is available through the Society’s London Branch at 41 Kingsway, WC2B 6TO.
The minimum investment is £100 and the maximum £10,000 (£20,000 for joint accounts). Unlimited withdrawals can be made at any time without notice or penalty.
It’s an account for new money only and is a branch based passbook account.