The maximum amount of withdrawals permitted each year to earn the citied interest rate is 2.
Minimum Monthly Investment
£10
The minimum monthly deposit is £10.
Online Access
no
Transactions cannot be made via internet.
Branch Access
yes
Transactions can be made at a branch.
Phone Access
no
Transactions cannot be made by telephone.
Withdrawal Restrictions
no notice, penalty or charge
2 instant access withdrawals permitted per year. If a third withdrawal is made the account will be closed.
Introductory Bonus
0%
No introductory bonus payable.
Withdrawal Notice
0 days
There is no notice required for withdrawals. 2 instant access withdrawals permitted per year.
Minimum Initial Investment
£10
Minimum investment of £10.
Minimum Number of Payments
12
The minimum number of payments required to receive the cited interest rate is 12
Availability
restricted
Regular monthly payments must be made into this account. The minimum monthly payment is £10 and the maximum monthly payment is £500. If 12 separate monthly payments are not made into the account per year the account will be closed and subject to a £10 penalty.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
New Money Only
no
Not applicable.
Restricted Access
no
Not applicable.
Minimum Monthly Investment
£10
The minimum monthly deposit is £10.
Minimum Age
12 years
Minimum age is 12 years.
Area Restrictions
none
There are no area restrictions.
Minimum Initial Investment
£10
Minimum investment of £10.
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