Leeds Building Society unveils new one-year fixed-rate bond
Leeds Building society has released details of a new one-year fixed-rate bond which combines a high rate of interest with some access to the funds.
The rate of interest is 3.6 per cent gross p.a. /AER and the product comes with unlimited access, without notice or penalty, to 25 per cent of the funds invested.
Kim Rebecchi, Leeds Building Society's Sales and Marketing Director said, "This bond offers a market leading rate of 3.6% 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, or the large majority of, their funds.
"We believe our new 3.6% 1 year bond provides the best of both worlds and expect this combination of a high fixed rate and access to prove popular.
"The maximum investment is £5,000 (£10,000 for joint accounts) of new money for this new account, which is available throughout our 65 strong national branch network, through postal channels and online."
Use the Myfinances.co.uk comparison tables to find the best deal on savings bonds.
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