New Savings Account With Flexible Online Access From Leeds Building Society
Published: 7 June 2011 By MoneyHighStreet Staff Leave a Comment
Leeds Building Society has a new flexible online savings account paying 3.05% with unlimited withdrawals.
The new savings account can be opened with a minimum investment of £100 and a maximum of £1,000,000 (£2,000,000 for joint accounts). It is a limited issue and is only available to open via the internet.
The account pays a variable rate of 2.05% plus an additional bonus of 1.00% until 31st January 2012, currently giving a market leading rate of 3.05%.
Kim Rebecchi, Leeds Building Society Sales and Marketing Director said, “This simple, straightforward account speaks for itself. A market leading return of 3.05%, combined with the flexibility of online functionality and penalty free access, make this product superb value.
People can keep their options open due to the unlimited access on offer and, with many market commentators now expecting base rate to remain on hold until November, this account offers a very attractive home for savings.”
MoneyHighStreet.com comment: An interesting savings account to consider if you are looking for complete flexibility in access, with no penalties for withdrawing your money.
If you don’t need such flexibility, an ISA account is another savings account to consider.
The ISA limit this year is £5,340 and there are a number of such accounts available, for example recently launched fixed rate ISA from Leeds Building Society.