New simple savings from Leeds BS

14 April 2006
Leeds Building Society's online savings account is being touted as a simple solution, amidst the sometimes complex world of savings and investment opportunities available today.

The Online Saver has simple terms and conditions, with no access restrictions, no notice period or interest penalties and a competitive return of 4.6 per cent gross per annum.

The only obvious parameters for investment in the account, which can only be operated online, are a minimum and maximum savings amount of £100 and £100,000.

Karen Wint, head of marketing and PR at Leeds, said: "With a minimum operating balance of only £100 and unlimited access, without notice or penalty, a return of 4.6 per cent is very attractive.

"The account is also very easy to use and there is no requirement to open a current account, so the account is flexible, straightforward and offers excellent value," she added.

Leeds Building Society has been operating since 1886 and is the UK's eighth largest high street building society, with 58 branches and over £7.1 billion of assets.

To find out more about investment accounts, click here.

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