Leeds Building Society

An easy access postal account with interest paid annually.

If you want both easy access and a high interest rate in one account then Postal Max is the one for you. The Postal Max account provides high rates of interest with easy access to your investment without notice or penalty and with the convenience of saving by post. You can make two withdrawals each calendar year.

Key features at a glance

Minimum investment: £2,500.
Maximum investment: £1,000,000.
When is interest paid? Annually on 31 January.
How is interest paid? Interest can be credited to the account, paid to another
account with the Society or by direct bank transfer to another bank/building society.
Withdrawals: You can make two withdrawals (minimum £100) without notice or loss of interest. Withdrawals are by cheque only.

How much interest will I earn?

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.