Everyday ISA – and its online-only equivalent, E-ISA – allows unlimited withdrawals without notice.
The minimum investment is £1 and up to £15,000, the ISA allowance for the current financial year, can be invested. Transfers in of previous years’ ISA subscriptions, including Stocks and Shares ISAs, also are permitted.
“Every adult saver should have an ISA and the competitive rate and easy access of our Everyday ISA make it an attractive product which is simple and convenient to operate,” said Kim Rebecchi, Leeds Building Society’s Distribution and Marketing Director.
“Savers will be waiting to see whether the Chancellor announces further increases in ISA allowances come the Budget, after the significant rise to £15,000 last summer.
“We know plenty of savers took advantage of this increase to move more cash into accounts with tax-free returns.
“There is still another month of the current tax year to make the most of your allowance if you’ve not done so already.”
Everyday ISA can be opened online, by post or by branch and operated by post or in branch.
E-ISA can be opened and operated online only.