|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |    21st of February 2018
|   Banking  |   Insurance  |   Property  |   Mortgages  |   Economy  |   Investments  |   Credit Cards  |   Debt  |   Loans  |   Pensions  |   Companies  |  

Banking News feed Banking News

All Financial News feed All Financial News

Leeds pays 3.05% on easy access account

Bookmark and Share

by David Masters
Leeds pays 3.05% on easy access account

A new online easy access savings account launched this week by Leeds Building Society pays interest at 3.05%.

For a minimum investment of £100, savers are offered unlimited penalty-free access to their cash, with no advance notice required.

Kim Rebecchi, Leeds’ director of sales and marketing, said: “A return of 3.05%, combined with the flexibility of online functionality and penalty free access, make this product absolutely fantastic value.”

The catch, however, is that the headline interest rate includes a 1% bonus that only lasts twelve months, ending on 31 July 2010.

Furthermore, the interest rate is variable rather than fixed, making liable to fluctuate either up, or – more likely in today’s climate of low interest rates – down.

Interest on the account is paid annually.

Established in 1886, Leeds Building Society has 70 branches in the UK, Ireland, and Gibraltar.

Discuss this in the Finance Markets forums

Story link: Leeds pays 3.05% on easy access account

News posted: June 26, 2009

Financial Services:

Related financial stories to: Leeds pays 3.05% on easy access account:
Previous: «
Next: »

Visited 4266 times, 1 so far today

1 Comment

  1. Leeds bs have closed the 3.05 % easy access account effective form 22nd December 2012 because they state it is too popular.

    they shouldbe ashamed of themselves and this short notice has cost the ordinary working class a lot of interest loss

    however i dont suppose that they care

    they should be made to pay for this

    Dont trust this company

    Comment by mosey — December 14, 2012 @ 3:31 pm

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Tags: , ,