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*.

Summary Box Key Product Information for our Savings Account(s)
Account Name	Premier Current
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	Immediate withdrawals with no notice and no loss of interest. Direct Debits, Standing Orders, bank transfers, overdraft facility, free banking providing your account stays in credit.
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 £100 and the maximum investment is £1,000,000 (£2,000,000 for joint accounts).

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

How is interest paid?
Monthly interest must be transferred either to another building society/bank account or to another account held with the Society.

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, free banking providing you stay in credit.

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 Premier Current Account Tariff of Fees and Costs.

Important notes

* Overdrafts and cheque guarantee cards are subject to status.

§ 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.