This account might be right for you if you:
A Leek Building Society Cash ISA provides you with an excellent way to save up to £20,000 this tax year, and as your interest is not taxed, all of the interest you earn you keep.
From the start of the tax year which begins on 6 April, you are able to utilise your tax allowance for that year. Further details of the Cash ISA tax allowance applicable at the current time can be found at www.gov.uk/individual-savings-accounts.
Tax treatment depends on your individual circumstances and may change.
Annual interest
3.65% Tax-Free/AER
We calculate the interest daily and pay it annually on 1 January.
The interest rate on this account is variable, so it can go up or down. If the rate goes down, we’ll write to you around 14 days before the rate changes.
For more details about why we may change the rate as well as how and when we’ll let you know, please see our Statement of Practice Investors leaflet.
The estimated balance after 12 months would be £1,036.50.
This would be the balance if £1,000 is paid in at the time the account is opened, and no money is taken out or paid in. In this example all interest is paid into the account and no changes are made to the interest rate.
This illustration is just an example to help you compare accounts. It doesn’t consider any individual circumstances.
Eligibility
How to open and manage your account
How to put money into your account
You may pay in up to your annual ISA allowance each tax year depending on any money you have already paid into other ISA's. The ISA allowance is set by HM Revenue and Customs.
You can...
How to keep track of your account
This is an easy access account. You can take money out whenever you wish. This is not a flexible ISA, any amounts withdrawn can only be replaced by using your current years' ISA subscription allowance.
How to take money out of your account
You have a 14 day cooling off period after you open an Easy Access Cash ISA. This means that if you change your mind, you have 14 calendar days to close the account without notice, charge or loss of interest. Day 1 starts on the day you open the account.
Interest on ISAs is paid tax-free, without tax deducted. Annual Equivalent Rate (AER) shows what the interest rate would be if interest is paid and added once a year.
ISAs are a savings scheme initiated by the Government and are subject to change by them. For example, the favourable tax treatment may not be maintained.
This is not a payment account.
Accounts can be withdrawn from sale at any time without notice.
You should read these terms and conditions together with our Statement of Practice Investors leaflet to fully understand the details of your account. This includes standard terms and conditions relating to all our savings accounts.
The above rate is effective from 1 October 2023
We’re here to help
If you’ve any questions about these Terms and Conditions or your account, please get in touch. You can:
Before you apply please ensure you’ve read the summary box and the terms and conditions of the account.
You can apply for this account either by post or by visiting your local branch.
We're always happy to help you, whatever your query. You can contact us via phone, online enquiry or pop into any of our branches.
Monday - Friday 9am - 5pm
For dedicated mortgages, savings, insurance and financial planning numbers, visit our contact hub here.
