Leeds offers market-leading rate

A market-leading online access account has been launched by Leeds Building Society.

The online account, which allows users to practice money management on the go, offers a return of 3.05%.

People using the new facility will also be able to make unlimited withdrawals at any time without having to worry about penalties or notices.

And until January 31 next year it will pay a variable rate of 2.05% plus an additional bonus of 1.00%

Kim Rebecchi, Leeds Building Society sales and marketing director said: "This simple, straightforward account speaks for itself. A market leading return of 3.05%, combined with the flexibility of online functionality and penalty free access, make this product superb value.

"People can keep their options open due to the unlimited access on offer and, with many market commentators now expecting base rate to remain on hold until November, this account offers a very attractive home for savings.

"I would urge people to act quickly as this market leading offer is a strictly limited issue."

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