Furness Building Society Regular Savings Account Issue 2
Compare the Furness Building Society Regular Savings Account 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 Regular Savings Account Issue 2 details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Furness Building Society www.furnessbs.co.uk | ||
| Product: | Regular Savings Account Issue 2 | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Regular Saver | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 3.95% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | no | ||
| Minimum Age: | No minimum age is required. | ||
| Restricted Availability: | There is no restricted availability in this account. Regular monthly payments must be made into this account. The monthly minimum credit is £10. The monthly maximum credit is £500. | ||
| Area Restrictions: | There are no area restrictions | ||
| Minimum Investment: | Minimum investment of £10. | ||
| Maximum Investment: | Maximum investment is normally £250,000 per individual (£500,000 joint account). | ||
| Minimum Balance: | The minimum balance is £10. | ||
| Monthly Minimum: | The minimum monthly investment on this account is £10 per month. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | There are not free gifts or 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 £10 3.95% 3.95% 3.95% | ||
| Fixed Term: | The account has a fixed term of 5 years | ||
| Term Period: | The term of the account is 60 months. | ||
| Interest Payment Freq: | Interest payments are made annually on the anniversary of the account opening. | ||
| Managing Account | |||
| Passbook: | A passbook is provided. | ||
| Transactions at Branch: | Transactions can be made at a branch. | ||
| Statement Frequency: | Statements are issued annually. | ||
| Transactions by Phone: | Transactions can be made by phone. | ||
| Transactions by Internet: | Transactions cannot be made via the internet. | ||
| Transactions by Post: | Transactions can be made by post. | ||
| Special Access: | The investor can have immediate access to their savings but a 3% penalty will be charged on the sum withdrawn. Also applies to closure. | ||
| Withdrawal Conditions: | Withdrawal Conditions - The investor can have immediate access to their savings but a 3% penalty will be charged on the sum withdrawn. The closure terms are the same as the withdrawal terms. | ||
| Fees & Charges | |||
| Withdrawal Notice: | No notice required on withdrawals. | ||
| Withdrawal Penalty: | No penalty applied on withdrawals. | ||
| Withdrawal Charge: | The investor can have immediate access to their savings but a 3% penalty will be charged on the sum withdrawn. | ||
| W/d Notice/Penalty/Charge: | The investor can have immediate access to their savings but a 3% penalty will be charged on the sum withdrawn. | ||
| Compare | |||
| Products: | www.furnessbs.co.uk Savings | ||
