Leeds Building Society

If you want to save tax-free - and also want a rate that tracks the Bank of England Base Rate - Leeds Building
Society's 1 Year Bonus Tracker ISA may be just what you're looking for.

Key features at a glance

Minimum investment: £1.
Maximum investment: £3,600 in any tax year (plus previous years' investments).
When is interest paid?Annual interest can either be credited to the account or transferred either to another building society/bank account or to another account held with the Society. Where annual interest is credited to the account then interest can be withdrawn between 6 and 30 April each year without notice or loss of interest.
Monthly interest must be transferred either to another building society/bank account or to another account held with the Society.
How is interest paid? Interest is credited to the account (and, prior to maturity, can be withdrawn between 6 and 30 April 2008 without loss of interest).
Withdrawals: You can withdraw up to 25% of your initial capital investment before maturity (1 July 2009) without notice or loss of interest. If you exceed this limit, the account will be subject to 90 days loss of interest or an equivalent amount on the amount withdrawn.
Transfers in: To transfer your existing ISA from another ISA provider, simply complete the ISA transfer application form and we’ll do the rest.**
Transfers out: If, before maturity the 1 Year Bonus Tracker ISA or part of it, is transferred to another ISA manager, the account will be subject to 90 days loss of interest or an equivalent amount on the amount transferred.

How much interest will I earn?

* Please note: this product will retain it's current rate until 1 June and not be reduced on 1 May in line with Bank of England Base Rate.

Important notes

§ Tax-free means that interest payable is exempt from income tax.

† AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

** Please note HM Revenue & Customs guidelines state that the ISA provider has up to 30 days to complete the transfer.

Please note: the tax treatment of ISAs may change. This is a cash ISA. You may only subscribe to (invest in) one cash ISA in each tax year (although in any such year you may also subscribe to a stocks and shares ISA, subject to the overall ISA subscription limits). By opening a cash ISA you will be limiting the amount you can subscribe to a stocks and shares ISA. For further information about ISAs (including subscription limits) please refer to the Society’s leaflet ‘Easy Step Guide to Tax-Free Savings’.

Leeds Building Society is a member of the Building Societies' Association. The Society is a participant in the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. Payments under the Scheme are limited to a maximum of £35,000 of an investor's total shares and/or deposits in a society. Most investors are covered, including individuals and small firms. A small number of categories of shares and deposits are not covered, for example deferred shares - permanent interest bearing shares. Although most shares and deposits are denominated in sterling, all other currencies are covered. Further details are available on request from the Society.

The Society is covered by the Financial Ombudsman Service. The Society subscribes to the Banking Code, which establishes minimum standards of good banking practice. Details of the Code are available at www.bankingcode.co.uk or in the leaflet 'The Banking code' published by the BBA/BSA.

The Society offers some investment products that may be operated through branches and by post and certain products which can be operated by post only.

Leeds Building Society is authorised and regulated by the Financial Services Authority and our registration number is 164992.

Other taxes or costs may exist that are not paid by Leeds Building Society.