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Blue & Amber (Issue 5)

Rates correct as at 30 NOV 2016

The Blue & Amber (Issue 5) is a savings account that offers you great rates and access to your money - while supporting Leeds Rhinos. Each year, Leeds Building Society will make a donation to Leeds Rhinos equivalent to 1% of the total balances held in the account - and it doesn’t cost you a thing!

The more you save, the more Leeds Rhinos receives.

Interest Rate:

0.50% Gross p.a./AER (variable)

Account NameBlue & Amber (Issue 5)
What is the interest rate?Annual Interest
0.50% Gross p.a./AER (variable)

If the balance falls below £100, the basic savings rate of interest which is currently 0.05%  Gross p.a./AER (variable) shall apply.

Interest is calculated daily and paid annually on 30 Sep (commencing 30 Sep 2017)

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 conditions 13 and 14 of the General Investment Conditions 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 £1000 deposit?Assuming that £1,000 is deposited into the account on 1st October and no further deposits or withdrawals are made, then based on an interest rate of 0.50% you will receive a £5.00 interest payment after 12 months, giving an overall account balance of £1,005.

This projection is provided for illustrative purposes only and will depend on the individual circumstances of each customer

How do I open and manage my account?The account is available to individuals aged 18 or over who are resident in the UK.

The account can be opened through any of our branches, via our website or by post.

Minimum investment and operating balance: £100.

Maximum investment: £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 in branch, in writing by post 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 £100 being maintained.

You can withdraw up to a maximum of £300 in cash in branch each day. If you require more than this amount (up to a maximum of £1,000) you will need to provide the Society with 48 hours’ notice.
Additional InformationInterest is paid gross, without the deduction of income tax. Payment of gross interest does not mean that interest you receive is exempt from tax. The tax treatment depends on the individual circumstances of each customer and may be subject to change in the future. It is your responsibility to seek independent tax advice.

The account may be closed to further deposits upon a minimum of 30 days’ written notice.

Each year we will make a donation to the Leeds Rhinos Youth Development Programme equivalent to 1% of the total balances held in our Blue & Amber accounts.
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The Summary Box sets out only the key information, for full details please read our

Your savings are also protected by the FSCS. For details please read our FSCS Information Sheet (PDF)

Alternate ways to apply

Visit your local branch and our friendly staff will help you to open your account.

Download your savings application pack to apply by post.