Northern Rock Silver Savings Online
Compare the Northern Rock Silver Savings Online with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  This Product Is No Longer AvailableNorthern Rock no longer offer the "Silver Savings Online". 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of the following options; For comparison, here are the details of the Northern Rock Silver Savings Online before it was withdrawn: | ||
| Company: | Northern Rock www.northernrock.co.uk | ||
| Product: | Silver Savings Online | ||
| Savings Details | |||
 Account Type: | Instant Access | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 6.25% AER. | ||
| Interest Rate Guarantees: | The Annual Equivalent Rate (AER) 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. | ||
| Restricted Availability: | Not applicable. | ||
| Area Restrictions: | There are no area restrictions. | ||
| Minimum Investment: | The minimum investment is
1. | ||
| Maximum Investment: | The maximum investment is
2000000. | ||
| Minimum Balance: | The minimum balance is
1. | ||
| 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. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus 1 6.49% 6.49% 6.49% | ||
| Interest Payment Freq: | Interest is paid annually. | ||
| Managing Account | |||
| Instant: | This is an instant access account. | ||
| Passbook: | A passbook is issued when this account is opened. | ||
| Transactions at Branch: | Transactions cannot be made at a branch. | ||
| Statement Frequency: | Statements are available on-line. | ||
| Transactions by Phone: | Transactions cannot be made by telephone. | ||
| Transactions by Internet: | Transactions can only be made via the internet through a nominated bank or building society account. | ||
| Transactions by Post: | Transactions cannot be made by post. | ||
| Special Access: | None. | ||
| Withdrawal Conditions: | Withdrawal Conditions - None. | ||
| Fees & Charges | |||
| Penalty on all Wdls: | There is not a penalty on all withdrawals. | ||
