Leeds Building Society Choices Bonds introduced

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Leeds Building Society Choices Bonds introduced

The Leeds Building Society Choices Bond has been launched, enabling customers to choose between a one, two or three-year option.

For people with balances over £50,000, the Leeds Building Society one-year Choices Bond has an interest rate of 5.5 per cent AER which is fixed until March 1st 2010 and offers access to up to half of the sum at all times.

Alternatively, for those seeking an income, a monthly interest option gives customers a return on their investment of 5.38 per cent. The rate lowers to 5.3 per cent for savers who invest between £5,000 and £49,999.

Karen Wint, head of marketing and PR, commented: "We have specifically designed this product to offer customers a fantastic rate and a choice of term and access, so more customers can open an account that suits their needs."

Alongside the Leeds Building Society one-year Choices Bond, the two and three-year options offer rates of 5.6 per cent AER and 5.7 per cent AER respectively.

Another high interest account provided by Leeds Building Society is the online saver that has a rate of five per cent and requires a minimum investment of £100.

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