Furness Building Society Homesaver Issue 2
Compare the Furness Building Society Homesaver (Issue 2) with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Furness Building Society Homesaver (Issue 2) details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Furness Building Society www.furnessbs.co.uk | ||
| Product: | Homesaver (Issue 2) | ||
| 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 4.70% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | The minimum age to open this account is 18 years. | ||
| Restricted Availability: | The minimum investment is £1 for those living in the Society's branch and agency operating areas, for all other investors the minimum investment is £500. | ||
| Area Restrictions: | The minimum investment is £1 for those living in the Society's branch and agency operating areas, for all other investors the minimum investment is £500. | ||
| Minimum Investment: | The minimum investment required to open this account is £1. | ||
| Maximum Investment: | The maximum investment allowed on this account is £250000. | ||
| Minimum Balance: | The minimum balance is £1. This balance must be maintained or the Instant Access interest rates applicable at the time will apply. | ||
| 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 or incentives offered with this account. | ||
| Rates | |||
| Tax Free: | This product is not tax free | ||
| Open-ended Bonus: | A bonus of 2.00% is payable. | ||
| Bonus Payment Conditions: | Bonus Conditions - The rates include a 2.00% bonus payable for those who hold the account for a minimum of 12 months and take a direct mortgage out with Furness Building Society. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 4.70% 4.70% 4.70% | ||
| Interest Payment Freq: | Interest is paid annually on 31st December. | ||
| 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 cannot be made via the internet. | ||
| Transactions by Post: | Transactions can be made by post. | ||
| Special Access: | Notice period of 120 days for wdls, or interest penalty of 120 days. Only one notice can be pending at one time. | ||
| Withdrawal Conditions: | Withdrawal Conditions - A notice period of 120 days is required for withdrawals. If the notice period is not given, an interest penalty of 120 days is applied when the withdrawal is made. Closure terms are the same as withdrawal terms. | ||
| Fees & Charges | |||
| Withdrawal Notice: | A notice period of 120 days is required for withdrawals. | ||
| Withdrawal Notice (days): | A notice period of 120 days is required for withdrawals. | ||
| Withdrawal Penalty: | An interest penalty of 120 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 120 days is required for withdrawals. Only one notice can be pending at one time. If the notice period is not given, an interest penalty of 120 days is applied when the withdrawal is made. | ||
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| Products: | www.furnessbs.co.uk Savings | ||
