Leeds BS launches new no notice account - Savings - News - Moneyfacts


Leeds BS launches new no notice account

Leeds BS launches new no notice account

Category: Savings

Updated: 17/08/2011
First Published: 16/08/2011

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 It is now over 6 months old so the content may be out of date.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 re-entered the internet market with the launch of a new issue of its popular Online Access account.

The Online Access Account Issue 5 pays a rate of 3.05% yearly including a 2.55% bonus until 31 August 2012. The rate will track base rate from 1 September 2012

This no notice account is operated online and transactions must be made via a nominated account. There is a minimum investment of £1K.

Paying 3.05%, it sits well within the top quartile of similar accounts. A review will be required when the bonus expires, as the rate will drop dramatically and may no longer be competitive.

Four out of five Moneyfacts stars have been awarded.

Find the best savings rates for you - Compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at any time.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

Savings rates plummet to fresh lows yet again

It’s becoming a recurring theme, and unfortunately, it’s showing no signs of stopping. Savings rates have plummeted to fresh lows once again as the impact of the base rate cut continues – and this month, product availability has followed.

Less than half of savings accounts beat inflation

Official figures show that inflation jumped up during September, with CPI rising to 1%. Not only does this mean that consumers may begin to feel the impact on their wallets, but there are now far fewer savings accounts that will beat inflation.

Number of savings accounts falls to record low

As if the continued drop in savings rates wasn’t bad enough, our latest research reveals another blow to already hard-pressed savers, with the number of accounts available having fallen to a record low.