Leeds BS set to catch savers’ eyes - Savings - News - Moneyfacts


Leeds BS set to catch savers’ eyes

Leeds BS set to catch savers’ eyes

Category: Savings

Updated: 15/09/2011
First Published: 15/09/2011

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 It is now over 6 months old so the content may be out of date.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 unveiled two new one-year savings deals sure to catch savers' eyes.

With the new one-year fixed rate bond paying 3.46% and the equivalent ISA paying 3.25%, both sit just below the current market leaders in their respective fields.

Both accounts offer the flexibility of penalty-free access to 25% of the capital during the term, a definite plus in the short term fixed savings market.

While the bond does not allow any further withdrawals, additional funds can be taken from the ISA for the loss of 90 days' interest.

Four out of five Moneyfacts stars are well deserved.

Find the best savings accounts for you - Compare fixed rate bonds

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 Any products featured may be withdrawn by their provider or changed at any time.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