Leeds Building Society fixed rate bond 'offers best of both worlds'

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Leeds Building Society fixed rate bond 'offers best of both worlds'

A new fixed rate bond from Leeds Building Society gives customers the best of both worlds, according to a source at the firm.

Kim Rebecchi, sales and marketing director, stated that consumers can enjoy a high rate of return from their savings and easy access to their cash if they need it.

The Leeds Building Society Fixed Rate Postal Bond offers people a guaranteed return of 2.5 per cent gross each year, which Ms Rebecchi pointed out is five times the level of the current base rate.

"This simple straightforward market-leading account speaks for itself and customers do not need to open any linked accounts," she said.

Clients also have unlimited access to their funds, which the Leeds Building Society representative claimed will give people "peace of mind".

Earlier this month, Ms Rebecchi noted that a member of the Monetary Policy Committee has voted for the base rate to be increased at several recent meetings.

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