Leeds Building Society three-year fixed-rate Isa and Toisa's launched by Finance News Bulletin

Published: 15/03/07

wwwmoneynewscouk > General finance > Leeds structure Society three-year fixed-rate Isa and Toisa's launchedFor clientele wishing to have a savings alternative that offers the flexibility of being able to access funds without pain a penalty, the new Leeds Building Society three-year fixed-rate Isa and Toisas (Tessa-only person savings accounts) could be ideal

Both of the savings accounts provide an interest rate of 52 per cent, with a smallest amount investment of just £1 and a one-time opportunity to right of entry half of the funds at the convenience of the individual for gratis - subsequent withdrawals are subject to 180 existence' noticeThe rate is applicable on both the Leeds structure Society three-year fixed-rate Isa and Toisa until December 31st 2009 and the utmost allocation for the Isa per day is £3,000, whereas the Toisa can have balances up to £13,000, counting interestKaren Wint, head of marketing and popularity, remarked: "The ability to secure an outstanding rate for a set period is something that many customers with tax free savings may wish to do, chiefly as they can combine this with the ability to access the money easily in an emergency or to reassess their asset options in the future

"Chancellor Gordon Brown announced in the government's pre-Budget report that Isas are to become a enduring fixture within the investment market, available after the initial limit

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