Leeds Building Society 5-Year Fixed-Rate ISA launched

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Leeds Building Society 5-Year Fixed-Rate ISA launched

The new Leeds Building Society Five-Year Fixed-Rate ISA has been introduced to the UK market, it has emerged.

Offering an interest rate of 4.6 per cent, the account gives unlimited access to 25 per cent of the invested amount without a penalty or any notice required. It can be opened with just £1.

The financial package could be particularly beneficial for those who are looking for flexibility and peace of mind from an ISA account, said director of sales at the bank Kim Rebecchi.

She added: "The opportunity to earn a fixed rate of 4.60 per cent interest tax free for five years […] is a market leading offer and provides outstanding value in this current low interest rate environment."

In June, Leeds Building Society launched its easy access account, which offers a return of 3.05 per cent and penalty-free access.

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