# Limited Issue 30 Month Fixed Rate Bond (Issue 5)

With a Fixed Rate Bond, your money is put aside for a set period. During this time, your rate of interest will not change, so you always know where you stand.

Interest rate:

## 2.75%

Gross p.a./AER†  fixed until 2 March 2025.

The term is fixed until 2 March 2025

## This might be right for you if...

• You'd like a fixed rate of interest
• You have a lump sum to deposit
• You have at least £1,000 to deposit

## Some things to bear in mind...

• You can only access your money after 2 March 2025
• Deposits can only be made up to 31 August 2022

## Summary Box

### What is the interest rate?

Annual Interest

2.75% Gross p.a./AER†  fixed until 2 March 2025.

• If the balance falls below £1,000, the rate of interest that shall apply is 0.05% Gross p.a./AER variable.

• Interest is calculated daily and paid annually on 2 September (commencing 2 September 2023) and on maturity 2 March 2025.

• Interest can be credited to the account or transferred 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 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.

### Can Leeds Building Society change the interest rate?

The interest rate on this account is fixed, this means the interest rate paid on your account won’t change during the fixed rate term subject to the minimum balance of £1,000 being maintained.

### What would the estimated balance be after 30 months based on a £1,000 deposit?

Assuming that £1,000 is deposited into the account at the time it is opened, no deposits or withdrawals are made and interest is paid annually and added to the account, then based on an interest rate of 2.75% you will receive an interest payment of £70.15 at the end of the fixed term 2 March 2025, giving an overall account balance of £1,070.15.

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?

Eligibility:

• The account is available to individuals aged 18 or over who are resident in the UK.

• The account cannot be opened by corporate bodies, trustees, executors, nominees or charities.

• The account is limited to one account per customer.

How to open the account:

• The account can be opened through any of our branches, via our website www.leedsbuildingsociety.co.uk or by post.

• If you currently have an existing Leeds Building Society account it may be possible to transfer your funds, subject to your existing product terms and conditions and the product terms and conditions of this account. Please check with us to see whether this is possible.

Operating the account:

• Minimum operating balance: £1,000. The minimum operating balance is required to open the account.

• Maximum operating balance: £1,000,000, £2,000,000 for joint accounts, plus accrued interest credited to the account.

• The account can be operated in branch or by post. You will also be able to carry out some operations by telephone and online, where you have registered for online services.

• Where the account is operated by post, the Society will aim to deal with all transactions within two working days of receipt of a request. However, the Society cannot be held responsible for delays due to unforeseen circumstances and postal delays.

### Can I withdraw money?

Withdrawals:

No withdrawals are permitted until the day after maturity (3 March 2025).

Maturity:

The account will mature at midnight on 2 March 2025. On the day after maturity (3 March 2025), your funds (including interest) will be automatically transferred to an instant access maturity account, unless you provide alternative instructions. Full details including terms and conditions will be provided before maturity.

Account closure:

You can’t close your account until the day after maturity (3 March 2025).

Deposits:

The account is limited issue. Once the account is open, you can make deposits up to and including 31 August 2022.

Tax treatment:

Interest 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.

## Keeping you and your information safe

• We share the information you provide with fraud prevention agencies
• They use this information to guard against fraud, money laundering and identity theft
• If any of these are detected, it may prevent you from applying for selected accounts
• You can find out more about your data protection rights in our Guide to use of your personal data (PDF)

Continuing with your application lets us know we're okay to use your information this way.

## Apply online now

Before you apply, please read the summary box above, our Product Terms & Conditions (PDF), General Terms & Conditions (PDF) and the FSCS Information Sheet (PDF).

## Looking for something else?

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