Piggy Bank

Savings & Investments

Premium Access

Access plus a premium rate of interest - an uplifting combination

Good news - you don't have to tie up your money for a long period of time to enjoy a great rate of interest. With our Premium Access account, you can make up to five withdrawals a year, and you still get a good rate of interest.

Information

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Summary Box
Key Product Information for our Savings Account(s)
Account Name Premium Access
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. The tax treatment depends on the individual circumstances of each customer and may be subject to change in the future.
Conditions for bonus payment There is no bonus available on this account.
Withdrawal arrangements Access is limited to five withdrawals per calendar year without notice or loss of interest, subject to the minimum investment of £2,500 being maintained. If you make a sixth withdrawal during the calendar year, or your operating balance falls below £2,500, the account will be closed.
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)
£100,000+ 1.25
£25,000+ 1.00
£2,500+ 0.75
Investment Monthly Interest (Variable)
% Gross§ % AER†
£100,000+ 1.00 1.00
£25,000+ 0.75 0.75
£2,500+ 0.50 0.50

Rates correct as at 1 July 2011.

Other Product Features:

Minimum and maximum investment and operating balance:

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

When is interest paid?

Interest is paid annually on 31 October, or monthly on the last working day of the month.

How is interest paid?

Annual interest can be either credited to the account or transferred to either another building society/bank account or to another account held with the Society. Monthly interest must be transferred either to another building society/bank account or to another account held with the Society.

Information

Sorry but this product is no longer available.
Find out what other Savings accounts are available »

§ Gross means the rate of interest payable before the deduction of income tax at the rate specified by law. † 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, compensation may be available if the Society cannot meet its liabilities in respect of this product, please see the General Investment Terms and Conditions for full details.

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.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.

The Society is authorised and regulated by the Financial Services Authority and our FSA registration number is 164992.

Find out more about the Financial Services Compensation Scheme
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