Leeds Building Society has launched a new fixed-rate postal investment bond, which guarantees a six per cent return until December 31st 2006.
At the end of this period, the rate will revert to 5.2 per cent until March 31st 2008, which the society claims is still "highly competitive".
Customers are also able to access 25 per cent of their initial investment at any time, without notice or penalty.
Stuart Fearn, product development manager at Leeds, said, "We try to ensure that customers receive a very competitive return and the peace of mind provided by allowing access to some of the funds, without notice or penalty.
"The product is also available to the smaller investor, with a minimum operating balance of only £100 and there is a monthly interest option for people who require an income."
Leeds Building Society offers a wide range of investments and savings accounts to its members, including online accounts, easy access accounts, affinity accounts, notice accounts and bonds, tax-free accounts and postal accounts.
Leeds guarantees six per cent savings
Leeds guarantees six per cent savings
Fri, 01 Sep 2006
Recommended links
Savings bond offered by LeedsLeeds launches bonus tracker savings account
Savings account offer from Leeds
Compare top offers for saving bonds
Find out about investment bonds
FSA - Which is the right account for me?
<% Randomize: ord=int(rnd*1000000000) %>
 %>?)
| savings news |
|---|
| People looking for safer savings accounts, study shows - Fri, 10 Oct 2008 |
| Football savings plan suggested - Wed, 08 Oct 2008 |
| Building societies offer most consistent savings accounts, figures show - Mon, 06 Oct 2008 |
| More News |
