Leeds Building Society three-year fixed-rate postal bond launched

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Leeds Building Society three-year fixed-rate postal bond launched

Customers looking for a guaranteed return from their savings will be happy to learn that the Leeds Building Society three-year fixed-rate postal bond has been introduced to the market.

With a rate of six per cent offered, the Leeds Building Society three-year fixed-rate postal bond also provides the option of accessing a quarter the amount initially invested without the risk of incurring a penalty.

The rate on the bond is fixed until March 1st 2010 and interest is paid either on an annual basis on March 1st or for those requiring an income, a monthly rate of 5.85 per cent can be selected.

Karen Wint, head of marketing and PR, stated: "This unique combination of a very attractive rate and access has proved popular with customers and with a minimum operating balance of only £100, we expect this account will be an excellent addition to any investment portfolio."

Leeds Building Society won the Best Building Society award in Mortgage Magazine's 2006 ceremony, in honour of its customer service, interest rates, simplicity of information provided and long term value offered.

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