Cater Allen Sovereign 30
Compare the Cater Allen Sovereign 30 with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Cater Allen Sovereign 30 details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Cater Allen www.caterallen.co.uk | ||
| Product: | Sovereign 30 | ||
| 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 1.92% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | Minimum age requirement of 18. | ||
| Restricted Availability: | No restricted availability. | ||
| Area Restrictions: | There are no area restrictions. | ||
| Minimum Investment: | The minimum investment for account opening is £5000. | ||
| Maximum Investment: | The maximum investment is £5000000. | ||
| Minimum Balance: | A minimum balance of £5000 needs to be maintained or no interest will be paid. | ||
| 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 by the company. | ||
| 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 £5,000 0.45% 0.45% 0.45% £10,000 1.05% 1.05% 1.06% £25,000 1.90% 1.90% 1.92% | ||
| Interest Payment Freq: | Interest is paid monthly, subject to a minimum balance of £5,000. | ||
| Managing Account | |||
| Passbook: | A passbook is not provided. | ||
| Transactions at Branch: | Deposits only can be made at Royal Bank Scotland branches. No other transactions can be made at a branch. | ||
| Statement Frequency: | Statements are issued quarterly. | ||
| Transactions by Phone: | Transactions can be made by telephone. | ||
| Transactions by Internet: | Transactions cannot be made via the internet. ''View only' access is available through internet banking. | ||
| Transactions by Post: | Transactions can be made by post. | ||
| Special Access: | 30 days notice for wdls and closure or 30 days penalty.1 free wld a yr max £2500, if bal is £5000. | ||
| Withdrawal Conditions: | Withdrawal Conditions - If the balance of the Account is over £5,000 one withdrawal may be made, without notice, free of charge per calendar year for an amount not exceeding £2,500. Other withdrawals may be made for free if 30 days notice is given. If notice is not given a charge equivalent to 30 days net interest on the amount withdrawn will be deducted from the money in the Account. This charge will be calculated using the net rate of interest payable on the date of withdrawal. If an Account has not been open for 30 days the charge will be applied for the number of days it has been open. This condition also applies to the closure of an Account. | ||
| Fees & Charges | |||
| Withdrawal Notice: | A notice period of 30 days is required for withdrawals. | ||
| Withdrawal Notice (days): | A notice period of 30 days is required for withdrawals. | ||
| Withdrawal Penalty: | An interest penalty of 30 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: | If the balance of the Account is over £5,000 one withdrawal may be made, without notice, free of charge per calendar year for an amount not exceeding £2,500. Other withdrawals may be made for free if 30 days notice is given. If notice is not given a charge equivalent to 30 days net interest on the amount withdrawn will be deducted from the money in the Account. | ||
| Compare | |||
| Products: | www.caterallen.co.uk Savings | ||
