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Access Saver

Rates correct as at 27 SEP 2019

A simple, savings account that helps you save for the things you want.

Our Access Saver gives you the flexibility of saving anything from £1 to £1,000,000 (£2,000,000 for joint accounts). An account that can be managed in branch or by post.

Interest Rate:


0.25% Gross p.a./AER variable

Account NameAccess Saver
What is the interest rate?Annual Interest 0.25% Gross p.a./AERvariable.

If the balance falls below £1, the rate of interest which shall apply is 0.05% Gross p.a./AER variable.

Interest is calculated daily and paid annually on 31 May.

Interest can be credited to the account or transferred to another building society/bank account or to another account held with the Society.
Can Leeds Building Society change the interest rate?The interest rate on this account is variable; this means that we have the ability to change the interest rate.

Please see conditions 14 and 15 of the General Conditions for further details of the circumstances in which we can do this and the notice we will provide.
What would the estimated balance be after 12 months based on a £1000 deposit?Assuming that £1,000 is deposited into the account on 1 June and no further deposits or withdrawals are made, then based on an interest rate of 0.25% you will receive a £2.50 interest payment after 12 months, giving an overall account balance of £1,002.50.

This projection is provided for illustrative purposes only and will depend on the individual circumstances of each customer.
How do I open and manage my account?Eligibility:
The account is available to individuals aged 18 or over who are resident in the UK.

The account cannot be opened by corporate bodies, trustees, executors, nominees or charities.

How to open the account:
The account can be opened through any of our branches, via our website www.leedsbuildingsociety.co.uk or by post.

If you currently have an existing Leeds Building Society account it may be possible to transfer your funds, subject to your existing product terms and conditions and the product terms and conditions of this account. Please check with us to see whether this is possible.

Operating the account:
Minimum operating balance: £1. The minimum operating balance is required to open the account.

Maximum balance: £1,000,000, £2,000,000 for joint accounts, plus accrued interest credited to the account.

The account can be operated in branch or by post. You will also be able to carry out some operations by telephone and online, where you have registered for online services.

Where the account is operated by post, the Society will aim to deal with all transactions within two working days of receipt of a request. However, the Society cannot be held responsible for delays due to unforeseen circumstances and postal delays.
Can I withdraw money?Unlimited withdrawals can be made without notice or loss of interest, subject to the minimum operating balance of £1 being maintained.

If the balance falls below £1, the rate of interest which shall apply is 0.05% Gross p.a./AER variable.

You can make withdrawals from your account by:
 • cash (up to a maximum of £300 in cash in branch each day), you will need to provide 48 hours’ notice, if you require more than this amount (up to a maximum of £1,000);
 • cheque;
 • internal transfer to another Society account; or
 • electronic payment (as defined in the General Conditions).
Additional InformationAccount closure:
You can close your account at any time without notice or loss of interest. Interest will be paid immediately up to the date of account closure.

Deposits:
The account may be closed for further deposits at any time. This will be done on a minimum of 30 days’ written notice, after which you will not be able to deposit further funds.

Tax treatment:
Interest is paid gross, without the deduction of income tax. Payment of gross interest does not mean that interest you receive is exempt from tax. The tax treatment depends on the individual circumstances of each customer and may be subject to change in the future. It is your responsibility to seek independent tax advice.
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The Summary Box sets out only the key information, for full details please read our

Your savings are also protected by the FSCS. For details please read our FSCS Information Sheet (PDF)

Before you apply, please make sure you read the Summary Box, Product Terms and Conditions and General Conditions in full.Apply in Branch >Apply by Post >Apply Online

Alternate ways to apply

Visit your local branch and our friendly staff will help you to open your account.

Download your savings application pack to apply by post.