Leeds BS launches competitive ISA - ISAs - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Leeds BS launches competitive ISA

Leeds BS launches competitive ISA

Category: ISAs

Updated: 07/12/2016
First Published: 29/08/2012

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Leeds Building Society has launched the Bonus ISA, a competitive variable rate account aimed at those yet to invest this year's ISA allowance.

The basics…

The Bonus ISA pays an annual rate of 3.00% including an introductory bonus of 1.70% to 30.9.13 to savers with a minimum investment of just £1. Transfers in are not accepted.

The finer details….

Funds can be accessed without advance notice; however, those looking for short-term access to money must be aware that a maximum of two withdrawals are permitted during the introductory bonus period. A third withdrawal during this time will result in account closure.

The account is available to savers aged 16 and over and can be operated in branch or by post.

Why we like it…

This variable ISA offers savers the attractive combination of a decent return and flexibility with accessing funds. Sitting comfortably within the cash ISA top ten, this account has been awarded four out of five Moneyfacts stars.

What next?

Compare the best cash ISA rates - Compare the best ISA rates and invest up to £5,640 before 5 April 2013 to ensure you don't miss out.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Top 6 long-term cash ISAs

Inflation saw another large jump in December, official figures have revealed, with the measure of CPI standing at 1.6% (up from 1.2% in November). Unfortunately, this has had a damaging impact on the savings market

Glimmer of hope in the ISA market

It can’t be denied that 2016 was a pretty shocking year for cash ISAs, but happily, the start of the New Year has brought with it a glimmer of hope for the sector, with figures revealing a slight uptick in average rate for the second month running.

All ISA rates fall below 1.00%

It can’t be denied that the ISA sector has had a tough time of late, and it's taken a significant toll, with our latest figures showing that all average ISA rates have fallen below 1.00% for the first time on record.
 
Close