Fix it for five years with Leeds BS - Savings - News - Moneyfacts


Fix it for five years with Leeds BS

Fix it for five years with Leeds BS

Category: Savings

Updated: 31/03/2010
First Published: 31/03/2010

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 It is now over 6 months old so the content may be out of date.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 BS has launched a new issue of its long term fixed rate ISA.

The five year product matures on 30.6.15 and pays a yearly rate of 4.60% on a minimum investment of £1.

Withdrawals up to 25% of the capital can be made without notice or loss of interest, with further withdrawals subject to 180 days' loss of interest.

Transfers out are subject to the same penalty, while this new issue does not allow transfers in. Additions for the 2010/11 tax year are permitted.

With the headline rate remaining the same, this five year product retains its Best Buy status, although those looking for a long term account to transfer their allowance into may be disappointed.

The ability to withdraw 25% of funds without penalty is a clear advantage in uncertain times.

Four out of five Moneyfacts stars have been awarded.

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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 Any products featured may be withdrawn by their provider or changed at any time.

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