<p>As a result, customers can now save more while still enjoying a competitive 5.40% AER on all balances held. <br /><br />Stuart Fearn, product development manager at Leeds Building Society, stated: Our regular saver has no fixed term, so for example, GBP1000 per month saved for a year and totaling GBP12,000 can be added to any current regular saver balance already accrued. Many of the regular savings accounts on the market have a maximum monthly investment of GBP500 at the highest, and in most instances GBP250, so the increase in our maximum monthly subscription to GBP1,000 offers customers the opportunity to save more and earn more.<br /><br />Mr Fearn also added that the service allows customers one withdrawal every 12 months without notice or penalty, in case of an emergency. Nor is there a requirement for customers to have a current account with a monthly salary or income of at least GBP1,000 paid directly into it.</p>
