The Leeds High Interest Bond also combines a guaranteed return with the group’s trademark access to some of the funds, without notice or penalty, at any time. Moreover, there is also a monthly interest option paying 6.34% AER for people who require an income.
The bond requires a minimum opening balance of GBP100. There are no short-term bonuses, or requirements to open any linked accounts.
Karen Wint, head of marketing and PR, said: A limited issue product with a high return, flexibility, peace of mind and a monthly interest option will appeal to a wide range of investors. We expect the allocation to be snapped up very quickly.
