Leeds launch fixed rate savings bond at 3.35% with 25% access
The Leeds Building Society has added to its range of savings options with the launch of a new fixed rate bond.
The 16-month savings bond pays 3.35% interest gross p.a. /AER and comes with 25 per cent availability of funds at any time without any penalty.
The maturity date of the savings bond is January 31st 2013 and interest is paid on this date and on 31st October 2012. The fixed-rate savings bond is only open to new customers.
The savings bond can be opened with just £100 and a maximum of £5,000 can be invested (£10,000 for joint accounts).
Kim Rebecchi, Leeds Building Society's Sales and Marketing Director said, "This 16 month fixed rate bond offers an excellent guaranteed return, combined with the flexibility of unlimited access to 25% of the funds.
"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 bond provides the best of both worlds and expect this combination of a high fixed rate and access to prove popular.”
Use the Myfinances.co.uk comparison tables to find the best deal on savings bonds.
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