Leeds launches instant access savings account

24 November 2005
The new Direct Saver Plus account is "perfect" for customers who want flexible savings options, says Leeds Building Society.

The new account, which is guaranteed to pay at least 4.8 per cent gross p.a. until January 31st 2007, allows customers to access their funds without notice or penalty, as long as the minimum amount withdrawn is £1,000.

Customers will also receive a higher interest rate if the Bank of England's (BoE) base rate rises above 4.8 per cent.

Head of marketing at Leeds, Karen Wint, said: "This is the fourth issue of our Direct Saver Plus account which has previously been very popular with customers.

"The guaranteed rate combined with access to funds without notice or penalty are winners and many customers see this account as an integral part of their investment portfolio."

However, the building society has warned that the product is a limited issue, so interested customers should contact the building society by phone or visit their nearest branch before it runs out.

To read more about Savings Accounts, click here.

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