Leeds BS has increased rates on selected accounts by up to 0.10%, which sees its one, two and five-year ISAs enter the Best Buy charts for their respective sectors, all earning a high rating in the process.
The 1 Year Fixed Rate ISA Issue 93 now boasts a rate of 1.01%, paid on maturity at 30.04.2018, while the two-year version (Issue 88) pays 1.15% yearly to 30.04.2019 and the five-year option (Issue 61) pays 1.60% yearly to 03.05.2022. The first interest payment for the two-year account would be made on 03.04.2018 and for the five-year 03.05.2018.
These accounts require a minimum initial investment of £100. Additions are allowed during the current tax year until 05.04.2017, and for the next tax year until 12.05.2017, and transfers in from cash or stock and shares ISAs are permitted as well. Earlier access in the form of withdrawals or transfers out is permitted on a loss of 60, 150 or 365 days' interest respectively for the one, two and five-year deals. The accounts can be opened in branch, by post or online, after which they can be managed by post and in branch.
The competitive rates on these accounts, along with their flexibility, have earned them their entries into the Best Buys, as well as their high rating.
Moneyfacts rating: Excellent
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