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Leeds’ 1yr ISA rate increased

Leeds’ 1yr ISA rate increased

Category: ISAs
Date: 05/06/2017

Leeds BS has updated its fixed savings range and increased its one-year fixed ISA rate by 0.06%, which has seen it improve its position in the Best Buy chart for its sector, earning a high Moneyfacts rating in the process.

The basics…

The 1 Year Fixed Rate Access ISA Issue 95 now boasts a competitive fixed rate of 1.11%, paid on maturity at 31.07.2018.

The finer details…

The account requires a minimum investment of £100. It allows transfers in from cash and stock & shares ISAs, as well as additions until 31.07.2017. Unusually for a fixed rate account, penalty-free withdrawals are allowed for up to 25% of the investment, after which a 60-day loss of interest penalty will apply, the same penalty as applies to transfers out. The account can be opened in branch, by post and online, after which it can be operated by post and in branch.

Why we like it…

The rate rise has made this deal even more attractive, with its flexibility only adding to its appeal. It has therefore easily earned its place in the Best Buys and high rating.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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