Leeds 3yr fixed rate isa

diy1950

Considering Leeds 3yr fixed rate isa at 2.20%

Up to 25% of investment can be withdrawn with no penalty prior to maturity.

Can any clever person tell me how to work out the interest received if withdrew whole balance after 1yr and 2yrs?

jimjames

diy1950 wrote: »

Considering Leeds 3yr fixed rate isa at 2.20%

Up to 25% of investment can be withdrawn with no penalty prior to maturity.

Can any clever person tell me how to work out the interest received if withdrew whole balance after 1yr and 2yrs?

Not without you telling us what the penalty is for withdrawing whole balance.

Minrich

I would do the 2 year at 2.1% , another year for 0.1% is not worth it imho. We have put our sons ISA into this Leeds 2 yr ISA recently.

diy1950

Sorry jimjames, a senior moment

"Withdrawals/transfers can be made of up to 25% of your capital investment without notice or loss of interest prior to maturity (31 May 2018). If you exceed this limit, the account will be subject to 240 days loss of interest or an equivalent amount on the amount withdrawn/transferred"

Minrich - I would have preferred the 2yr isa but it has been withdrawn.

michaelstiff

The account has already been withdrawn, so too late now.