Leeds BS launches new ISA range

On Tuesday, 7th April, the Society is launching the following ISAs for the new financial year:

- 1.60% tax-free pa/AER one year fixed rate cash ISA
- 2.10% tax-free pa/AER two year fixed rate cash ISA
- 2.20% tax-free pa/AER three year fixed rate cash ISA

Leeds' 1.25% Everyday Saver account – and its online-only equivalent E-Saver – offers investors a simple and straightforward product and can be opened with as little as £100 and is available to new savers from Thursday, 2nd April.

Kim Rebecchi, Leeds Building Society’s Distribution and Marketing Director, said:

“Our new fixed rate ISAs launching for the start of the next financial year complement our existing variable rate ISAs - Everyday ISA and E-ISA – which also have a competitive return of 1.25% tax-free pa/AER.

“Early birds wanting to open one of our ISAs online can actually do this before the start of the new financial year – they can apply online from Saturday, 4th April, and we can then accept their deposit when we re-open after the Easter Bank Holiday weekend on Tuesday, 7th April.

“Of course, opening an ISA at the very beginning of the new financial year maximises the length of time you can receive this benefit and we encourage all savers to make full use of their annual allowance which was raised to £15,240 in the Budget earlier this month.”

“Relaunching Everyday Saver improves the easy access choice in our savings portfolio.

“It’s a straightforward product with instant access which can be opened and operated through a choice of channels so savers can pick what’s most convenient for their individual needs.”