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Leeds launches 4% five-year fix |
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12 May 2009 |
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Leeds Building Society has launched a five-year fixed-rate ISA paying 4.00%, which is eight times more than the Bank of England base rate, following the decision to leave the rate unchanged at 0.50% last week.
This deal allows savers to transfer in all of their ISA subscriptions from previous years' plus any interest accrued. There is also unlimited access to 25% of the amount invested at any time, without notice or penalty, and a minimum opening balance of just £1.
"Some ISA customers, who have invested the maximum possible, could have £43,200 invested in an ISA plus accrued interest, and the opportunity to transfer balances of this size and earn eight times Bank of England base rate is a great deal,” said Kim Rebecchi, Director of Sales and Marketing.
For more information, customers can call into their local Leeds branch, visit the website at www.leedsbuildingsociety.co.uk, or call the savings hotline on 08450 540 995.
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