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Leeds BS improves its children’s account

Leeds BS improves its children’s account

Category: Savings

Updated: 07/08/2017
First Published: 24/05/2011

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 It is now over 6 months old so the content may be out of date.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 Building Society has upped the rate on its five year fixed rate children's account.

Now paying 4.00%, its Young Investor Five Year Fixed Rate Bond is competitively priced in what is a very limited market.

Requiring a minimum investment of £100, the account also welcomes additional investments while the issue remains open.

Penalty free access is allowed to up to 25% of the amount invested, although no further withdrawals are then allowed.

Sure to appeal to the younger generation looking to save for the future, this account has been awarded four out of five Moneyfacts stars.

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