Leeds Building Society

The Caring Saver is the kind of account that appeals to your head as well as your heart. It offers an attractive rate of interest whatever your investment, plus easy access to your money. Charity supporters often make donations straight out of their own pocket and that is where the Caring Saver is different, providing customers with a competitive rate of return on their savings and making a difference to people who really need it at the same time.

Leeds Building Society will donate 1% of the average balance in all Caring Saver accounts shared equally between its four charity partners; Save the Children, Help the Aged, Marie Curie Cancer Care and the Leeds Building Society Charitable Foundation. So far, Marie Curie has received over £120,000 from the account.

Paul Grundy of Save The Children said, “Leeds Building Society Contributed to our Rewrite the Future Campaign. Education saves lives. It gives children the skills they need to escape poverty, live healthily and have hope for the future. The right to go to school belongs to every child.

“However, 115 million children are still out of primary school - that's 18 per cent of the world's primary school-aged population. Save the Children research has shown that at least 43 million of these children - one in three - live in countries affected by conflict.

“Save the Children has set itself the challenge to get three million out-of-school children, living in conflict-affected countries, into school by 2010. We will also work to make sure the education they get is good quality, and improve the quality of five million more children who are already in school. The fantastic donation by the Leeds Building Society Caring Saver Account goes along way to making these goals possible!"

Summary Box Key product information for our savings account
Account Name	Caring Saver
Interest Rates (AERs)	See the "How much interest will I earn?" table below.
Tax Status	The gross rate(s) of interest shown will be payable net of the appropriate rate of income tax (which may be reclaimed by non-taxpayers) or, subject to the required certification, gross.
Conditions for bonus payment	There is no bonus available on this account.
Withdrawal arrangements	You can make four withdrawals each calendar year without notice or loss of interest. Further withdrawals are subject to 30 days loss of interest or an equivalent amount.
Access	Account can be opened and operated through any of our branches or by post.

How much interest will I earn?

Other Product Features:

Minimum and maximum investment and operating balance
The minimum investment is £500 and the maximum investment is £1,000,000 (£2,000,000 for joint accounts).

When is interest paid?
Annual interest is calculated daily and paid on 1 May.

How is interest paid?
Annual interest can be added to the account or transferred either to another building society/bank account or to another account held with the Society.

Your Interest... In Theirs
We’re delighted to support a wide range of community and charitable projects throughout the UK. We'd like to help more people and feel that you would like to do more too. You can help further by participating in our ‘Your Interest... In Theirs’ scheme.

It only takes a moment to donate... but just think of the difference it could make
In addition to the donation made from the Caring Saver, the pence amount of your annual interest could also be donated to the Leeds Building Society Charitable Foundation and our other three key partner charities. The maximum amount you donate through the scheme can be only 99p per account each year, but if all our members participate, it adds up to an amount that could make a real difference! The money will be split equally between the four charities on the same date as the rest of the interest is credited to your account, so once you've agreed to donate, you don't need to do anything else.

To participate in the scheme, simply complete the section within the application form. If you change your mind, you can stop your donation at any time by contacting your local branch or calling us on 0113 225 7777. By agreeing to donate the pence interest from your account(s) with the Society, you are agreeing that this is a variation to the Society’s General Investment Terms & Conditions.

Important notes

§ Gross means the rate payable before the deduction of tax .

† AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

Investments in this account will represent shares in the Society and are subject to the Rules of the Society. Member of the Building Societies’ Association. Leeds Building Society is a participant in the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. Payments under the Scheme are limited to a maximum payment of £50,000, that is 100% of the first £50,000 of an investor’s total shares and/or deposits in a society. Most investors are covered, including individuals and small firms. A small number of categories of shares and deposits are not covered, for example deferred shares – permanent interest bearing shares. Although most shares are denominated in sterling, all other currencies are covered. Further details are available on request from the Society. Leeds Building Society is authorised and regulated by the Financial Services Authority.

Leeds Building Society subscribes to the Banking Code which sets out standards of good banking practice for banks and building societies. Details of the Code are available at www.bankingcode.co.uk or in the leaflet "The Banking Code" published by the BBA/BSA. The Society is covered by the Financial Ombudsman Service. Leeds Building Society offers some investment products that may be operated through branches and by post and certain products which can be operated by post only.

The Society’s FSA registration number is 164992.

Other taxes or costs may exist that are not paid by Leeds Building Society.