Leeds Building Society has launched a new one-year fixed rate bond to help customers keep saving.
The new bond, which offers a fixed rate of 4.8 per cent until February 2007, requires a minimum investment of £5,000 and offers a monthly interest option.
"This bond offers excellent guaranteed value combined with access to half the funds invested, without notice or penalty," said Karen Wint, head of marketing & PR for Leeds.
Access to funds is available on up to 50 per cent of the initial investment without penalty.
Customers who cannot stump up the initial investment are advised to take out the Leeds Regular Saver Account which only requires an initial investment of £20 and gives a return of five per cent.
"The Regular Saver also provides an excellent return for customers who cannot invest a lump sum. Monthly deposits of only £20 give a return of five per cent, again combined with access to the funds," said Ms Wint.To read more about Savings, click here.
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