Leeds launches limited edition online account paying 3.05 per cent
Thursday, 18 August 2011 11:49
Savers who want the flexibility to move their money around as and when they need to may be interested in a new limited edition account from Leeds Building Society.
The Online Access Account pays the bank base rate - currently 0.5 per cent - plus 2.55 per cent guaranteed until August 31st 2012, giving a total return of 3.05 per cent.
Customers can make unlimited withdrawals without giving notice and without facing a penalty.
Kim Rebecchi, Leeds Building Society sales and marketing director remarked: "A return of 3.05 per cent, combined with the flexibility of online functionality and penalty-free access, make this product excellent value.
"Savers can take advantage of any increases in bank base rate and, if rates are held for a longer period or even reduced, they can keep their options open due to the unlimited access on offer," she added.
Last week, Leeds Building Society slashed the interest rate on its two-year fixed mortgage deal by 0.5 per cent.
Use the Myfinances.co.uk comparison tables to find the best deal on all types of savings accounts, savings bonds and ISAs
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