ISA savings account 'pays 8 times base rate'
Leeds Building Society has announced that its best buy ISA savings account currently pays eight times the Bank of England's base rate.
According to the building society, its five-year fixed-rate ISA savings account, which pays interest at a rate of four per cent, is a market leading product.
Kim Rebecchi, director of sales and marketing for Leeds Building Society said that the ISA savings account would also give customers peace of mind as it allows withdrawals of up to 25 per cent of the invested capital without notice or penalty.
She added: "There is no doubt that investors should review their existing savings and consider transferring their ISAs to ensure they are maximising their tax-free return in this changing financial climate."
Leeds Building Society traces its origins back to 1845. It now manages more than £10 billion-worth of assets and has more than 70 branches nationwide.
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