Leeds BS launch new unlimited access bond paying 2.8% interest
Wednesday, 02 November 2011 12:41
Leeds Building Society has released details of a new unlimited access fixed rate postal bond that pays a guaranteed rate of 2.80 per cent gross p.a.
Savers can withdraw funds at any time without notice or penalty. The minimum investment is £1,000 and the maximum amount that can be invested is £1,000,000.
The interest is paid on the date of maturity, 30th April 2012. Investors can choose for interest to be added to the account annually or paid to another account held with the Leeds Building Society.
Additional investments can be during the period that new investments are accepted and although this is a postal account, it can be opened online.
Kim Rebecchi, Leeds Building Society Sales and Marketing Director said, "The ability to secure a guaranteed fixed return as high as 2.80%, combined with the flexibility of full access to the funds at any time will be very popular.
"This product offers the best of both worlds. Savers know exactly what they are getting and, if the customer's circumstances change, they can withdraw their funds at anytime, delivering complete peace of mind.”
Use the Myfinances.co.uk comparison tables to find the best deal on a new savings bond.
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