Marsden Direct 30 Issue 2
Compare the Marsden Direct 30 (Issue 2) with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Marsden Direct 30 (Issue 2) details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Marsden www.themarsden.co.uk | ||
| Product: | Direct 30 (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 2.63% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | There is no minimum age. | ||
| Restricted Availability: | This account does not have restricted availability. | ||
| Area Restrictions: | There are no area restrictions. | ||
| Minimum Investment: | The minimum investment required to open this account is £5,000. | ||
| Maximum Investment: | The maximum investment allowed on this account is £250000. | ||
| Minimum Balance: | Minimum balance of £5000. Where the balance drops below this level the rates on the Rainbow instant access account will apply. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | A bonus of 0.75% payable. Gross Rate Gross Rate AER Excluding Bonus Including Bonus £5,000 1.50% 2.25% 1.88% £10,000 1.75% 2.50% 2.13% £50,000 2.00% 2.75% 2.38% £100,000 2.25% 3.00% 2.63% | ||
| 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. | ||
| Bonus Payment Conditions: | Bonus Conditions - An introductory bonus is payable for the first 6 months the account is open. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £5,000 1.50% 2.25% 1.50% £10,000 1.75% 2.50% 1.75% £50,000 2.00% 2.75% 2.00% £100,000 2.25% 3.00% 2.25% | ||
| Interest Payment Freq: | Interest is paid monthly. | ||
| Managing Account | |||
| Passbook: | A passbook is not provided when this account is opened | ||
| Transactions at Branch: | Transactions cannot 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 internet. | ||
| Transactions by Post: | Transactions can be made by post | ||
| Special Access: | Notice period of 30 days or 30 days loss of interest on amount withdrawn. Cheque or electronic transfer only. | ||
| Withdrawal Conditions: | Withdrawal Conditions - A notice period of 30 days is required for withdrawals, if the notice period is not given an interest penalty of 30 days is applied when the withdrawal is made. Withdrawals via cheque or electronic transfer only. | ||
| Fees & Charges | |||
| Withdrawal Notice: | A notice period of 30 days is required for withdrawals, if the notice period is not given an interest penalty of 30 days is applied when the withdrawal is made. Withdrawals via cheque or electronic transfer only. | ||
| Withdrawal Notice (days): | A notice period of 30 days is required for withdrawals, if the notice period is not given an interest penalty of 30 days is applied when the withdrawal is made. Withdrawals via cheque or electronic transfer only. | ||
| Withdrawal Penalty: | A notice period of 30 days is required for withdrawals, if the notice period is not given an interest penalty of 30 days is applied when the withdrawal is made. Withdrawals via cheque or electronic transfer only. | ||
| Withdrawal Charge: | No charge is applied on withdrawals. | ||
| W/d Notice/Penalty/Charge: | A notice period of 30 days is required for withdrawals, if the notice period is not given an interest penalty of 30 days is applied when the withdrawal is made. Withdrawals via cheque or electronic transfer only. | ||
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| Products: | www.marsdenbs.co.uk Savings | ||
