Birmingham Midshires Internet 1 Year Fixed Rate Bond

Compare the Birmingham Midshires Internet 1 Year Fixed Rate Bond with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.

	This Product Is No Longer Available Birmingham Midshires no longer offer the "Internet 1 Year Fixed Rate Bond". You can find an alternative savings by selecting one of the following options; Compare all Birmingham Midshires savings Compare all market leading savings For comparison, here are the details of the Birmingham Midshires Internet 1 Year Fixed Rate Bond before it was withdrawn:
Company:	Birmingham Midshires
Product:	Internet 1 Year Fixed Rate Bond

Savings Details
Account Type:	Term
Rate Type:	The type of interest rate is fixed.
Headline Interest Rate:	The headline interest rate is 7.05% AER.
Application Criteria
Existing Customer Only:	No
Minimum Age:	There is no minimum age.
Area Restrictions:	There are no area restrictions that apply to this account.
Minimum Investment:	The minimum investment to open this account is £1.
Maximum Investment:	The maximum investment is £10000000.
Minimum Balance:	The minimum balance is £1.
Introductory Rates
Introductory Bonus:	No introductory bonus payable.
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.
Rate Tiers:	expand Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 7.05% 7.05% 7.05%
Fixed Term:	This account has a fixed term of 1 year
Fixed Term in Months:	This account has a fixed term of 12 months.
Fixed Interest Rate:	The interest rate is fixed
Fixed Rate Period:	The interest rate is fixed for 1 year
Term Period:	The account term is 12 months.
Interest Payment Freq:	Interest is paid monthly.
Managing Account
Passbook:	A passbook is not issued.
Transactions at Branch:	Transactions cannot be made at a branch.
Statement Frequency:	Statements are not issued.
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:	No withdrawals or closure permitted during term of account.
Withdrawal Conditions:	Withdrawal Conditions - No withdrawals or closure permitted during term of account.
Closure Before Maturity:	Closure of this account is not permitted before maturity.
Transferred on Maturity:	If no instructions are received from the customer the balance is transferred to a Direct Internet Savings Accounts upon maturity.

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