Northern Rock Silver Savings

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

Northern Rock no longer offer the "Silver Savings".

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For comparison, here are the details of the Northern Rock Silver Savings before it was withdrawn:

Savings Details 
Account Type:Instant Access
Rate Type:The type of interest rate is variable.
Headline Interest Rate:The headline interest rate is 5.12% 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.
Area Restrictions:There are no area restrictions.
Minimum Investment:The minimum investment is £5000.
Maximum Investment:The maximum investment is £2000000.
Minimum Balance:The minimum balance is £5000.
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:No open-ended bonus payable.
Rate Tiers:
  Gross Rate  Gross Rate  AER
  Excluding Bonus  Including Bonus  
£5,000  5.01%    5.01%    5.02%
Interest Payment Freq:Interest is paid monthly on the last day of the month.
Managing Account 
Instant:This is an instant access account.
Passbook:A passbook is issued 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:There are no withdrawal conditions.
Withdrawal Conditions:Withdrawal Conditions -
None.
Fees & Charges 
Penalty on all Wdls:There is not a penalty on all withdrawals.
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