Leeds by post

Leeds Building Society has introduced a new limited issue postal savings account combining a guaranteed rate of 6.40% AER (6.35% gross) and unlimited penalty free access to funds for customers, at any time.

The rate is fixed until September 1st 2008, at which point the balance will be transferred to a base rate tracking account guaranteeing to match Bank of England base rate until April 2010. Again, customers can withdraw their funds at any time without notice or penalty.

Minimum investment is £5,000, maximum £50,000 (£100,000 for joint accounts).

Additional investments can be made to the account whilst the issue remains open.

30 October 2007 © Moneyextra.com

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