Leeds Building Society

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Gibraltar/Offshore Savings rates and key features

Rates correct at 16 May 2014

Gibraltar accounts can be opened by UK or Gibraltar passport holders who are resident in Gibraltar. Offshore accounts can be opened by UK passport holders who are resident in Spain.

In the event that the balance falls below the minimum operating balance as stated within the relevant product details below, the basic investment rate of interest, which is currently 0.05% Gross‡p.a / AER†(variable), shall apply.

Our savings products

  • Gibraltar/Offshore Access Saver

    Interest rate:

    0.75% Gross‡p.a./AER†(variable)

    Best for:
    Simple, everyday savings

    • Interest paid: annually on 31 May (commencing 31 May 2015)
    • Minimum operating balance: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts)
    • Withdrawals: unlimited withdrawals can be made without notice or loss of interest, subject to the minimum balance of £100 being maintained. Cash withdrawals/deposits are not permitted.
    • Operate through the Gibraltar branch or by post

    Please read the Product Terms & Conditions for full details of the account

    Apply now Product terms & conditions (PDF)

  • Gibraltar/Offshore RegularSaver (Issue 3)

    Interest rate:

    1.25% Gross‡ p.a./AER† (variable) excluding 1.80% conditional bonus

    +1.80% conditional bonus =
    3.05% Gross‡ p.a./AER† (variable)

    Best for:
    Competitive interest payments

    • Interest paid: annually (31 Oct)
    • Minimum operating balance: £50
    • Minimum monthly payment: £50
    • Maximum monthly payment: £250 (£250 for joint accounts also)
    • Withdrawals: one withdrawal is permitted each Bonus period (from 1 Nov – 31 Oct each year). If a second withdrawal is required you will not qualify for a bonus in respect of that period. Cash withdrawals/deposits are not permitted.
    • Operate through the Gibraltar branch or by post

    Based on the interest rates and level of Bonus payment quoted above, if you open your account on 1 Nov and you save £250 per month for 12 consecutive months, you will receive gross interest of £49.71 on 31 Oct the following year, providing you do not make any withdrawals during the Bonus period (1 Nov – 31 Oct).

    Please read the Product Terms & Conditions for full details of the account

    Apply now Product terms & conditions (PDF)

  • Gibraltar/Offshore Flexible RegularSaver

    Interest rate:

    1.25% Gross‡p.a./AER†(variable) excluding 0.25% conditional bonus

    +0.25% conditional bonus =
    1.50% Gross‡ p.a./AER† (variable)

    Best for:
    Regular savers

    • Interest paid: annually (31 Oct)
    • Minimum operating balance: £20
    • Minimum monthly payment: £20
    • Maximum monthly payment: £1,000 (£1,000 for joint accounts also)
    • Withdrawals: 12 withdrawals permitted each Bonus period (1 Nov – 31 Oct each year). If further withdrawals are required you will not qualify for a bonus in respect of that period.
    • Operate through the Gibraltar branch or by post

    Based on the interest rates and level of Bonus payment quoted above, if you open your account on 1 Nov and you save £1,000 per month for 12 consecutive months, you will receive gross interest of £97.80 on 31 October the following year, providing you do not make any withdrawals during the Bonus period (1 Nov – 31 Oct).

    Please read the Product Terms & Conditions for full details of the account

    Apply now Product terms & conditions (PDF)

  • Gibraltar/Offshore 1 year Fixed Rate Bond (Issue 162)

    Interest rate:

    1.50% Gross‡p.a./AER†(fixed)

    Best for:
    Secure fixed rate

    • Interest paid: on maturity (30 June 2015)
    • Minimum operating balance: £100
    • Maximum investment: £1,000,000 (£2,000,000 for joint accounts)
    • Withdrawals: withdraw up to 25% of your capital investment without notice or loss of interest, prior to maturity and subject to minimum balance of £100 being maintained. Cash transactions are not permitted.
    • Operate through the Gibraltar branch or by post

    Please read the Product Terms & Conditions for full details of the account

    Apply now Product terms & conditions (PDF)

  • Gibraltar/Offshore 2 year Fixed Rate Bond (Issue 163)

    Interest rate:

    1.75% Gross‡ p.a./AER†(fixed)

    Best for:
    Secure fixed rate

    • Interest paid: anually (30 June 2015) and on maturity (30 June 2016)
    • Minimum operating balance: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts)
    • Withdrawals: withdrawals of up to 25% of your capital investment are permitted without notice or loss of interest subject to the minimum operating balance of £100 being maintained. Cash transactions are not permitted.
    • Operate through the Gibraltar branch or by post

    Please read the Product Terms & Conditions for full details of the account

    Apply now Product terms & conditions (PDF)

  • Gibraltar/Offshore Dinosaver

    Interest rate:

    1.50% Gross‡p.a./AER†(variable)

    Best for:
    0-11 year olds only

    • Interest paid: annually (1 Jan)
    • Minimum operating balance: £10
    • Maximum balance: £1,000,000 plus accrued interest credited to the account
    • Withdrawals: unlimited withdrawals, subject to minimum operating balance of £10 being maintained. Withdrawals must be made by the authorised signatory. Cash transactions are not permitted.
    • Operate through the Gibraltar branch or by post

    Please read the Product Terms & Conditions for full details of the account

    Apply now Product terms & conditions (PDF)

  • Gibraltar/Offshore Vault

    Interest rate:

    1.50% Gross‡p.a./AER†(variable)

    Best for:
    12-17 year olds only

    • Interest paid: annually (1 Jan)
    • Minimum operating balance: £10
    • Maximum balance: £1,000,000 plus accrued interest credited to the account
    • Withdrawals: one withdrawal up to £250 a week can be made by the account holder, subject to minimum operating balance of £10 being maintained. Withdrawals over this amount and further withdrawals in a week must be signed for by both the account holder and the authorised signatory. Cash transactions are not permitted.
    • Operate through the Gibraltar branch or by post

    Please read the Product Terms & Conditions for full details of the account

    Apply now Product terms & conditions (PDF)