Leeds Building Society has launched a two-year fixed rate postal bond that pays 5.60 per cent until October 31, 2008 and has a monthly interest option paying a rate of 5.35 per cent for people requiring an income.
Leeds product development manager Stuart Fearn says: “This straightforward postal bond offers customers the best two-year fixed rate in the market. With many customers looking for a guaranteed return, this account provides outstanding value and allows emergency access to funds at any time, subject to the loss of 90 days interest.
“The new bond also compliments our postal access bond, which pays 5.25 per cent fixed until January 31, 2008 and provides a unique combination of an excellent return and full access to all of their funds at any time, which is not available anywhere else in the market.
“Customers know exactly what they are getting with both these bonds and can choose the best product to suit their needs.”