Leeds Building Society

A great start for young fans of cricket

Leeds Building Society believe that young savers should be given the best start - and what better for cricket fans than a Junior Vikings account?

The account offers a range of benefits, including a great interest rate, and easy access to
your money. So why not open an account for your child or grandchild and give them a
great start.

Summary Box Key Product Information for our Savings Account(s)
Account Name	Junior Vikings
Interest Rates (AERs)	See the "How much interest will I earn?" table below.
Tax Status	The gross rate(s) of interest shown will be payable net of the appropriate rate of income tax (which may be reclaimed by non-taxpayers) or, subject to the required certification, gross.
Conditions for bonus payment	There is no bonus available on this account.
Withdrawal arrangements	Account holders aged 12 to 17 - One withdrawal a week of between £100 and £250 may be made and must be signed for by the account holder, subject to the minimum operating balance of £100 being maintained. Withdrawals over £250 and additional withdrawals in a week must be signed for by both the account holder and a parent/guardian. Account holders under 12 - Unlimited withdrawals of £100 and over are permitted without notice or loss of interest, subject to the minimum operating balance of £100 being maintained. All withdrawals must be signed for by a parent/guardian.
Access	Account can be opened and operated through any of our branches or by post.

How much interest will I earn?

Other Product Features:

Minimum and maximum investment and operating balance
The minimum investment is £10 and the maximum investment is £1,000,000.

When is interest paid?
Interest is paid annually on 1 March.

How is interest paid?
Interest can either be credited to the account or transferred either to another building society/bank account or to another account held with the Society, provided any such account is in the name of the account holder.

What happens when I’m 18?

When you reach 18, the Society will automatically transfer your investment (and the interest earned) into the Society’s White Rose account. Terms and Conditions will be made available nearer the time.

Important notes

§ Gross means the rate payable before the deduction of income tax.

† AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year.

Leeds Building Society is a member of the Building Societies’ Association. The 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 £50,000 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 and deposits are denominated in sterling, all other currencies are covered. Further details are available on request from the Society.

The Society is covered by the Financial Ombudsman Service. The Society subscribes to and undertakes to comply with the Banking Code, which establishes minimum standards of good banking practice. A copy of the Code and further details of our investment products are available on request from your local branch or our Customer Helpline on 0113 225 7777. We may monitor and/or record your telephone conversation with the Society to ensure consistent service levels (including staff training).

The Society offers some investment products that may be operated through branches and by post and certain products which can be operated by post only.

Leeds Building Society is authorised and regulated by the Financial Services Authority and our registration number is 164992.

Other taxes or costs may exist that are not paid by Leeds Building Society.