| Gross Rate | Gross Rate | AER | |
| Excluding Bonus | Including Bonus | ||
| £1 | 0.50% | 2.50% | 2.50% |
| Application Criteria | ||||
| Existing Customer Only | no | No | ||
| New Money Only | no | Not applicable. | ||
| Minimum Initial Investment | £1 | The minimum investment is £1. | ||
| Minimum Age | 10 years | The minimum age is 10 years. | ||
| Introductory Rates | ||||
| Introductory Bonus | 2.00% | An introductory bonus of 2.00% is payable. Gross RateGross RateAER Excluding Bonus Including Bonus £1 0.50%2.50%2.50% ...expand | ||
| Fixed or Variable Bonus | variable | The bonus is variable. | ||
| Introductory Bonus Conditions | 12 months intro bonus | Bonus Conditions - An introductory bonus payable for the first 12 months of account opening. | ||
| Rates | ||||
| Rate Type | variable | The type of interest rate is variable. | ||
| Headline Interest Rate | 2.50% | The headline interest rate is 2.50% AER. | ||
| Rate Tiers | see details | Gross RateGross RateAER Excluding Bonus Including Bonus £1 0.50%2.50%0.50% ...expand | ||
| Tax Free | no | This product is not tax free. | ||
| Interest Payment Frequency | choice | Interest is paid annually or interest is paid monthly. | ||
| Initial Rate Duration | 12 months | The initial interest rate is payable for 12 months. | ||
| Children's Savings | ||||
| Children's Savings Account | no | no | ||
| Account Access | ||||
| Account Type | Instant Access | Instant Access | ||
| Opened Online | yes | The account can be opened via the internet | ||
| Online Access | yes | Transactions can be carried out via the internet | ||
| Opened at Branch | no | This account cannot be opened at a branch. | ||
| Branch Access | no | Transactions cannot be made at a branch | ||
| Opened by Phone | no | This account cannot be opened by telephone. | ||
| Phone Access | no | Transactions cannot be made by telephone | ||
| Opened by Post | no | Account cannot be opened by post. | ||
| Postal Access | no | Transactions cannot be made by post | ||
| Account Management | ||||
| Instant Access to Savings | yes | This is an instant access account. | ||
| Minimum Balance | £0 | The minimum balance is £0. | ||
| Minimum Withdrawal | Unlimited | There is no minimum withdrawal. | ||
| Maximum Number of Withdrawals | ul | The maximum number of withdrawals permitted per year is unlimited to earn the cited interest rate. | ||
| Withdrawal Conditions | no | Withdrawal Conditions - None. | ||
| Additional Information | also available through B&B | This Abbey product is also available through Bradford & Bingley. ATM mini statements are available. | ||
| Available to Trustees | yes | This account is available to trustees. | ||
| Fees & Charges | ||||
| Penalty on All Withdrawals | no | There is not a penalty on all withdrawals. | ||
