Bath Investment & Building Society Wessex Account
Compare the Bath Investment & Building Society Wessex Account with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Bath Investment & Building Society Wessex Account details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Bath Investment & Building Society www.bathbuildingsociety.co.uk | ||
| Product: | Wessex Account | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Notice | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 4.60% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | There is no minimum age. | ||
| Area Restrictions: | There are no area restrictions in operation. | ||
| Minimum Investment: | The minimum investment required to open this account is £75000. | ||
| Maximum Investment: | The maximum investment is £250000 for sole accounts and £500,000 for joint accounts. | ||
| Minimum Balance: | If the balance of the account falls below £75,000 the interest rate will be reduced in line with that paid in the appropriate account. The minimum balance is £75000 for the account to remain open. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | There are no free gifts/incentives offered. | ||
| Rates | |||
| Tax Free: | This product is not tax free | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 0.45% 0.45% 0.45% £1,000 2.15% 2.15% 2.15% £10,000 2.65% 2.65% 2.65% £20,000 2.90% 2.90% 2.90% £50,000 3.60% 3.60% 3.60% £75,000 4.60% 4.60% 4.60% | ||
| Interest Payment Freq: | Interest is paid monthly. | ||
| Managing Account | |||
| Passbook: | A passbook is provided when this account is opened. | ||
| Transactions at Branch: | Transactions can be made at a branch. | ||
| Statement Frequency: | Statements are issued annually. | ||
| Transactions by Phone: | Transactions cannot be made by telephone. | ||
| Transactions by Internet: | Transactions by internet are not allowed. | ||
| Transactions by Post: | Transactions can be made by post. | ||
| Special Access: | Notice of 60 days for wdls, or 60 days interest penalty. Instant access if £75,000 is maintained and total wdls in any yr do not exceed £50,000. | ||
| Withdrawal Conditions: | Withdrawal Conditions - A notice period of 60 days is required for withdrawals, if the notice period is not given an interest penalty of 60 days is applied when the withdrawal is made. Penalty-Free Withdrawals Instant access if £75,000 balance maintained and the total withdrawals in any one calender year do not exceed £50,000. Closure is subject to 60 days notice, if the notice period is not served 60 days interest penalty will be applied. Immediate closure without notice or penalty is not permitted. | ||
| Fees & Charges | |||
| Withdrawal Notice: | A notice period of 60 days is required for withdrawals. | ||
| Withdrawal Notice (days): | A notice period of 60 days is required for withdrawals. | ||
| Withdrawal Penalty: | An interest penalty of 60 days is applied when the withdrawal is made, if notice is not given. | ||
| Withdrawal Charge: | No charge is applied on withdrawals. | ||
| W/d Notice/Penalty/Charge: | A notice period of 60 days is required for withdrawals, if the notice period is not given an interest penalty of 60 days is applied when the withdrawal is made. | ||
| Compare | |||
| Products: | www.bibs.co.uk Savings | ||
