| Application Criteria | ||||
| Permanent UK Resident | yes | This product is only available to individuals who are permanent UK residents. | ||
| Existing Customer Only | no | No | ||
| New Money Only | no | Not applicable. | ||
| Minimum Initial Investment | £500 | The minimum investment is £500. | ||
| Minimum Age | 11 years | The minimum age to open this account is 11 years. An application to open an account in the name of a young person who is 11 or older but under 16 must...expand | ||
| Introductory Rates | ||||
| Introductory Bonus | 2.00% | A bonus of 2.00% is payable. Gross Rate Gross Rate AER Excluding BonusIncluding Bonus £500 0.10% 2.10%2.10% ...expand | ||
| Fixed or Variable Bonus | fixed | The bonus is fixed. | ||
| Introductory Bonus Conditions | 12 months intro bonus | Bonus Conditions - An introductory bonus is payable for the first 12 months the account is open. | ||
| Rates | ||||
| Rate Type | bbr | The type of interest rate is bbr. | ||
| Headline Interest Rate | 2.1% | The headline interest rate is 2.10% AER. | ||
| Rate Tiers | see details | Gross Rate Gross Rate AER Excluding BonusIncluding Bonus £500 0.10% 2.10%0.10% ...expand | ||
| Tax Free | no | This account is not tax free. | ||
| Interest Payment Frequency | annually | Interest is paid annually on 22nd March. | ||
| Interest Rate Guarantees | no < 1% below bbr for life of account | The interest rate is guaranteed to never fall more than 1% below the Bank Base Rate for the life of the account. | ||
| Initial Rate Duration | 12 months | The initial interest rate is payable for 12 months. | ||
| Children's Savings | ||||
| Children's Savings Account | no | no | ||
| Account Access | ||||
| Account Type | Instant Access | Instant Access | ||
| Opened Online | yes | Account can be opened via the internet. | ||
| Online Access | yes | Transactions can be made via the internet. | ||
| Opened at Branch | yes | Account can be opened at a branch. | ||
| Branch Access | yes | Transactions can be made at a branch. | ||
| Opened by Phone | yes | Account can be opened by telephone. | ||
| Phone Access | yes | Transactions can be made by telephone. | ||
| Opened by Post | yes | Account can be opened by post. | ||
| Postal Access | yes | Transactions can be made by post. | ||
| Account Management | ||||
| Instant Access to Savings | yes | This is an instant access account. | ||
| Minimum Balance | £1 | The minimum balance is £1. | ||
| Minimum Withdrawal | £1 | There is no minimum withdrawal. | ||
| Maximum Number of Withdrawals | 6 withdrawals | The maximum number of withdrawals permitted per year is 6 to earn the cited interest rate. | ||
| Withdrawal Conditions | yes | Withdrawal Conditions - 6 free instant access withdrawals are permitted per year (21st March - 20th March each year). Further withdrawals are subject to...expand | ||
| Additional Information | provided by Bank of Ireland | This account is provided by Bank of Ireland. | ||
| Available to Trustees | no | This account is not available for trustees. | ||
| Fees & Charges | ||||
| Penalty on All Withdrawals | no | There is not a penalty on all withdrawals. | ||


























