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Freedom 30 (Issue 3)

Rates correct as at 31 MAY 2017

A simple, variable rate savings account that gives you the flexibility of saving anything from €2,500 to €1,000,000 (€2,000,000 for joint accounts).

Interest rate:

0.65% Gross p.a./AER (variable)

Account NameFreedom 30 (Issue 3)
What is the interest rate?Annual Interest 0.65% Grossp.a./AER (variable)

If the balance falls below €2,500 the basic savings rate of interest which is currently 0.05% Grossp.a./AER (variable) shall apply.

Interest is calculated daily and paid annually on 30 April (commencing 30 April 2018). Interest can be credited to the account or transferred to another building society/bank account or to another account held with the Society.
Can Leeds Building Society change the interest rate?Yes. Please see condition 13 of the General Investment Conditions (Ireland) which provide details as to when and how we can change the interest rate.
What would the estimated balance be after 12 months based on a €2,500 deposit?Assuming €2,500 is deposited into the account on 1 May for 12 months, at the variable rate of 0.65% Grossp.a./AER, the value of your Freedom 30 (Issue 3) on the following 30 April (interest payment date) will be €2,516.25 (pre-deduction of tax) and €2,509.91 (post deduction of tax). Warning: these figures are estimates only. They are not a reliable guide to the future performance of your savings.
How do I open and manage my account?The account is available to individuals aged 18 or over who are resident in Ireland.

The Freedom 30 (Issue 3) can only be opened by post through the Society’s Dublin branch.

Cash transactions are not permitted.

Minimum deposit and operating balance: €2,500.

Maximum balance: €1,000,000 (€2,000,000 for joint accounts) plus accrued interest credited to the account.

Instructions regarding the operation of the account can be provided by post to the Dublin branch or by telephone (although we may request that telephone instructions are also provided in writing).
Can I withdraw money?Unlimited withdrawals can be made without notice or loss of interest, subject to the minimum operating balance of €2,500 being maintained. Withdrawals can only be made by cheque.
Additional InformationInterest will be paid net of deposit interest retention tax (DIRT) where appropriate, unless a suitable Revenue declaration is in place. The current DIRT rate is 39% but is subject to change.

The account may be closed to further deposits upon a minimum of 30 days’ written notice.
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The above provides a summary of the account only. Please make sure you read the full product terms and conditions so you fully understand how the account operates before you apply.

View Product Terms and Conditions

Like the sound of our Freedom 30?Apply by Post