Leeds Building Society

Helping you, helping others

Each year Leeds Building Society will make a donation equivalent to 1% of the average balance in all Caring Saver accounts. This is shared equally between our charity partners; Save the Children, Help the Aged, Marie Curie Cancer Care and the Leeds Building Society Charitable Foundation.

The Caring Saver is the kind of account that appeals to your head as well as your heart. It offers you an attractive rate of interest whatever your investment, plus easy access to your money. You can have four instant access withdrawals every calendar year without notice or loss of interest, but further withdrawals are subject to 30 days loss of interest.

Key features at a glance

Minimum investment: £500.
Maximum investment: £1,000,000 (£2,000,000 for joint accounts).
When is interest paid? Interest is calculated daily and paid annually on 1 May.
How is interest paid? Interest may be credited to the account, paid to another account with the Society or transferred to a bank or building society account.
Withdrawals: You can make four withdrawals each calendar year without notice or loss of interest. Further withdrawals are subject to 30 days loss of interest or an equivalent amount.

How much interest will I earn?

Your Interest... In Theirs

We’re delighted to support a wide range of community and charitable projects throughout the UK. We'd like to help more people and feel that you would like to do more too. You can help further by participating in our ‘Your Interest... In Theirs’ scheme.

It only takes a moment to donate... but just think of the difference it could make

In addition to the donation made from the Caring Saver, the pence amount of your annual interest could also be donated to the Leeds Building Society Charitable Foundation and our other three key partner charities. The maximum amount you donate through the scheme can be only 99p per account each year, but if all our members participate, it adds up to an amount that could make a real difference! The money will be split equally between the four charities on the same date as the rest of the interest is credited to your account, so once you've agreed to donate, you don't need to do anything else.

To participate in the scheme, simply complete the section within the application form. If you change your mind, you can stop your donation at any time by contacting your local branch or calling us on 0113 225 7777. By agreeing to donate the pence interest from your account(s) with the Society, you are agreeing that this is a variation to the Society’s General Investment Terms & Conditions.

Important notes

§ Gross means the rate payable before the deduction of tax .

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

Investments in this account will represent shares in the Society and are subject to the Rules of the Society. Member of the Building Societies’ Association. Leeds Building 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 payment of £35,000, that is 100% of the first £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 are denominated in sterling, all other currencies are covered. Further details are available on request from the Society. Leeds Building Society is authorised and regulated by the Financial Services Authority.

Leeds Building Society subscribes to the Banking Code which sets out standards of good banking practice for banks and building societies. 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 is covered by the Financial Ombudsman Service. Leeds Building Society offers some investment products that may be operated through branches and by post and certain products which can be operated by post only.

The Society’s FSA registration number is 164992.

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