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Leeds & Holbeck increases Step-up Saver limit

Leeds & Holbeck Building Society is increasing the maximum balance on its Step-up Saver account from £5,000 to £10,000 following strong customer demand.

The account offers a fixed rate of 5 per cent until September 2002, then 6 per cent until June 2003, and allows one withdrawal without notice or penalty.

Leeds & Holbeck head of marketing Tony Burdin says: “It is clear that customers view Step-up Saver a an ideal home for rainy day savings, offering excellent fixed rates but keeping their funds accessible. We have responded to that demand by raising the maximum balance.”

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