Leeds announces 3.5% fixed-rate bonds

Leeds Building Society has announced new guaranteed returns on its fixed-rate bonds, making them even more attractive for savers.

The building society is offering returns of up to 3.5% gross p.a./AER on its one, two and three year fixed-rate bonds.

In addition, the bonds allow ‘no penalty’ instant access to 25% of the balance at any time.

Savers opening the accounts can choose to lock interest at 2.5% above the Bank of England Base Rate, which currently stands at 1%.

“These accounts provide the peace of mind that comes with access to 25% of the balance without notice or penalty at any time,” said Kim Rebecchi, Leeds Director of Sales and Marketing.

She added that the accounts provide long term value, rather than short term bonus gimmicks.

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