Leeds Building Society

A flexible way to manage your money

At Leeds Building Society we offer great value through a comprehensive range of financial services, very competitive interest rates and a real
commitment to getting things right.

That’s because we remain an independent building society, a mutual, driven by our customers.

If you’re looking for a flexible way to manage your money and organise your household bills, the Premier Current Account works perfectly. And with standing orders, direct debits and the option of an overdraft, it includes everything you need to keep your finances under control.

You can choose either a passbook to access your money or a cheque book and £100
cheque guarantee card.

Key features at a glance

Minimum investment: £100.
Maximum investment: £1,000,000.
When is interest paid? Annually on 1 September.
How is interest paid? Interest is credited to the account.
Operating the account: Your choice of either a passbook or cheque book with
cheque guarantee card*
Services available: Direct debits, standing orders, bank transfers, overdraft*
facility, travel money benefits, free banking providing
you stay in credit.

How much interest will I earn?

Organising your money

You can take the pain out of paying bills by paying them by direct debit or standing
order. It’s easy to transfer money from one account to another and cash withdrawals of up to £300 can be made daily at any Leeds Building Society branch.

Your salary, pension or other regular income can be paid directly into the account and cash and cheques can be paid in at any of our branches.
Added flexibility with an overdraft* facility

The Premier Current Account also offers an overdraft facility for the times you need to go overdrawn. We request that you operate your account for 6 months, after which you can request an overdraft at any time and once authorised, it will be in place whenever you need it.
Find out how you can use your Premier Current Account.
Free banking - you won’t have to pay a penny

If you keep your account in credit, no matter how many transactions you make, you will not be charged for the day to day operation of your account. There is a charge for the overdraft and you may attract charges for some ancillary services. You may also be charged if the account operates outside the agreed terms and conditions. These are outlined in the Tariff of Charges section.

Important notes

* Overdrafts and cheque guarantee cards are subject to status.

§ 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.