ASDA Internet Savings Account

Compare the ASDA Internet Savings Account with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.broadband utilities secured
ASDACompareCompare ASDA Internet Savings Account details directly with other savings or compare savings using our savings comparison tables.
Company:ASDA
www.asdafinance.com
ASDA
Product:Internet Savings Account
 
Apply via this site:Not available
Savings Details 
Account Type:Instant Access
Rate Type:The type of interest rate is variable.
Headline Interest Rate:The headline interest rate is 3.75% AER.
Interest Rate Guarantees:The annual gross interest rate, excluding the bonus, is guaranteed to at least match the Bank of England Base Rate until 31st October 2010
Application Criteria 
Existing Customer Only:No
Minimum Age:The minimum age is 18 years.
Area Restrictions:There are no area restrictions.
Minimum Investment:The minimum investment is £100.
Maximum Investment:The maximum investment is £2000000.
Minimum Balance:The minimum balance is £100. If the balance drops below this, the interest rate will be reduced.
Open to UK Residents:This product is available to UK residents.
Introductory Rates 
Introductory Bonus:
A bonus of 0.75% is payable.

  Gross Rate   Gross Rate   AER
  Excluding Bonus Including Bonus
£100   4.50%    5.25%   5.25%
Incentives Offered:There are no free gifts or incentives offered with this account.
Rates 
Tax Free:This product is not tax free.
Open-ended Bonus:No open-ended bonus payable.
Bonus Payment Conditions:Bonus Conditions -
A bonus is payable for the first 12 months from account opening.
Rate Tiers:
  Gross Rate   Gross Rate   AER
  Excluding Bonus Including Bonus
£100   4.50%    5.25%   4.50%
Interest Payment Freq:Interest is paid monthly.
Managing Account 
Instant:This is not an instant access account.
Passbook:A passbook is not issued.
Transactions at Branch:Transactions cannot be made at a branch.
Statement Frequency:Statements are available on-line at any time. 2 years' worth of transaction history can be viewed on-line.
Transactions by Phone:Transactions cannot be made by telephone.
Transactions by Internet:Transactions can be made via the internet
Transactions by Post:Transactions cannot be made by post.
Special Access:There are no withdrawal conditions.
Withdrawal Conditions:Withdrawal Conditions -
None.
Fees & Charges 
Penalty on all Wdls:There is not a penalty on all withdrawals.
Compare 
Products:www.asdafinance.com Savings
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