Northern Rock Silver Savings 30

Compare the Northern Rock Silver Savings 30 with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.insurance cards unsecured
Northern Rock This Product Is No Longer Available

Northern Rock no longer offer the "Silver Savings 30".

You can find an alternative savings by selecting one of the following options;

For comparison, here are the details of the Northern Rock Silver Savings 30 before it was withdrawn:

Savings Details 
Account Type:Notice
Rate Type:The type of interest rate is variable.
Headline Interest Rate:The headline interest rate is 5.15% AER.
Interest Rate Guarantees:The account is guaranteed to be at least equal to the Bank of England Base Rate until 31st January 2010.
Application Criteria 
Existing Customer Only:No
Minimum Age:The minimum age is 50 years.
Area Restrictions:There are no area restrictions that apply to this account.
Minimum Investment:
The minimum investment to open this account is £5000.
The initial deposit can be made by cheque, BACS, CHAPS or by transfer from another Northern Rock account

A minimum balance of £1 must be maintained in this account.
Maximum Investment:The maximum investment is £2000000.
Minimum Balance:The minimum balance is £5000. Balances that fall below this amount will receive the base savings rate, currently 0.10% gross pa. variable.
Introductory Rates 
Introductory Bonus:No introductory bonus payable.
Incentives Offered:There is no introductory bonus.
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   5.04%    5.04%   5.15%
Interest Payment Freq:Interest is paid monthly.
Managing Account 
Passbook:A passbook is issued when this account is opened for branch account option.
Transactions at Branch:Transactions can be made at a branch.
Statement Frequency:Statements are issued quarterly for a postal account option.
Transactions by Phone:Transactions cannot 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 of 30 days for wdls and closure. Earlier access is allowed subject to a charge equivalent to 30 days loss of interest on the amount wdn.
Withdrawal Conditions:
Withdrawal Conditions -
A notice period of 30 days is required for withdrawals. Earlier access is allowed subject to a charge equivalent to 30 days loss of interest on the amount withdrawn.

Closure terms are the same as withdrawal terms.
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:A notice period of 30 days is required for withdrawals. Earlier access is allowed subject to a charge equivalent to 30 days loss of interest on the amount withdrawn.
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