Piggy Bank with the Bradford City FC logo on the side

Savings & Investments

The Bantams Account

Both you, and Bradford City are winners with the Bantams Account from Leeds Building Society!

The Bantams Account is a savings account that offers you great rates, and access to your money whilst supporting Bradford City Football Club. Each year, Leeds Building Society will make a donation to the Bradford City Football Club equivalent to 1% of the total balances held in the account – and it doesn’t cost you a thing!

With tiered interest rates, the more you save, the higher the interest you receive on your savings…and the more the Club receives!

Summary Box
Key Product Information for our Savings Account(s)
Account Name The Bantams Account
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 Account holders aged over 17 - Unlimited withdrawals of £100 and over are permitted without notice or loss of interest, subject to the minimum operating balance of £100 being maintained.
Account holders aged 12 to 17 - One withdrawal a week of between £100 and £250 may be made and must be signed for by the account holder, subject to the minimum operating balance of £100 being maintained. Withdrawals over £250 and additional withdrawals in a week must be signed for by both the account holder and a parent/guardian.
Account holders under 12 - Unlimited withdrawals of £100 and over are permitted without notice or loss of interest, subject to the minimum operating balance of £100 being maintained. All withdrawals must be signed for by a parent/guardian.
Access Account can be opened and operated through any of our branches or by post.

How much interest will I earn?

Investment Annual Interest
% Gross§ p.a./AER† (Variable)
£10,000+ 1.50
£5,000+ 1.00
£1,000+ 0.55
£500+ 0.30
£100+ 0.10

Interest rates correct as at 20 July 2010

Other Product Features:

Minimum and maximum investment and operating balance:

The minimum investment and operating balance is £100 and the maximum investment and operating balance is £1,000,000.

When is interest paid?

Interest is paid annually on 30 June.

How is interest paid?

Interest can either be credited to the account or transferred either to another building society/bank account or to another account held with the Society.

§ Gross means the rate of interest payable before the deduction of income tax. The tax treatment depends on the individual circumstances of each customer and may be subject to change in the future. † AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

Leeds Building Society is a member of the Building Societies' Association. The 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 of £50,000 or €50,000 (whichever figure is higher on the day of default) 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 and deposits are denominated in sterling, all other currencies are covered. Further details are available on request from the Society.

The Society is covered by the Financial Ombudsman Service. We may monitor and/or record your telephone conversation with the Society to ensure consistent service levels (including staff training). The Society's main business is the provision of savings products, mortgages and general insurance. The Society offers some investment products that may be operated through branches and by post and certain products which can be operated by post only.

Leeds Building Society is authorised and regulated by the Financial Services Authority and our registration number is 164992. You can check this on the FSA register by visiting the FSA website at www.moneymadeclear.fsa.gov.uk or by contacting the FSA on 0845 606 1234.

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

© Leeds Building Society