RBS Bonus 30 Features & Benefits
(currently displaying summary information only)| Feature / Benefit | Summary | Details | Rating out of 5 | ||
|---|---|---|---|---|---|
| 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 | | £50 | The minimum investment required to open this account is 50 or a monthly standing order of £20. |  | |
| Minimum Age | | 0 years | Not applicable. | ||
| Introductory Rates: | |||||
| Introductory Bonus | | 0% | No introductory bonus payable. | ||
| Introductory Bonus Conditions | | no > 4 w/ds pa | Bonus Conditions - The bonus of 1.00% is only paid if no more than 4 withdrawals are made per year. The bonus will not be paid if the account is closed. | ||
| Rates: | |||||
| Rate Type | | variable | The type of interest rate is variable. | ||
| Headline Interest Rate | | 1.3% | The headline interest rate is 1.30% AER. |  | |
| Rate Tiers | | see details | Gross RateGross RateAER Excluding Bonus Including Bonus £11.20%1.20%1.20% £100,0001.30%1.30%1.30% ...expand | ||
| Tax Free | | no | This product is not tax free. | ||
| Interest Payment Frequency | | annually | Interest is paid annuallyat the end of March. | ||
| Children's Savings: | |||||
| Children's Savings Account | | no | no | ||
| Account Access: | |||||
| Account Type | | Notice | Notice | ||
| Opened Online | | yes | This account can be opened via internet. | ||
| Online Access | | yes | Transactions can be made via internet. | ||
| Opened at Branch | | yes | This account can be opened at a branch. | ||
| Branch Access | | yes | Transactions can be made at a branch. | ||
| Opened by Phone | | yes | This account can be opened by telephone. | ||
| Phone Access | | yes | Transactions can be made by telephone. Lines are open 24 hours a day, 7 days a week. Calls are charged at a local call rate. | ||
| Opened by Post | | no | This account cannot be opened by post. | ||
| Postal Access | | yes | Transactions can be made by post. | ||
| Free Withdrawal Allowed | | no | Free withdrawals are not permitted. | ||
| Account Management: | |||||
| Minimum Balance | | £1 | The minimum balance is £1. | | |
| Minimum Withdrawal | | £1 | The minimum withdrawal is £1. | ||
| Withdrawal Conditions | | yes | Withdrawal Conditions - Withdrawals and closure are subject to 30 days notice or 30 days loss of interest on the amount withdrawn. The bonus will not be...expand | ||
| Additional Information | | none | There is no additional information. | ||
| Fees & Charges: | |||||
| Withdrawal Restrictions | | notice or 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. | ||
