The maximum number of withdrawals permitted per year is unlimited to earn the cited interest rate.
Online Access
no
Transactions cannot be made via the internet
Branch Access
no
Transactions cannot be made at a branch
Phone Access
yes
Transactions can be made by telephone
Introductory Bonus
2.25%
A bonus of 2.25% is payable.
Introductory Bonus Conditions
12 month intro bonus
Bonus Conditions The introductory bonus is payable for 12 months from account opening.
Interest Rate Guarantees
aft 12 mths rate no < bbr - 2% min 0.25%
After the introductory period has expired, the interest rate is guaranteed to be no lower than 2% below the Bank of England Base rate, in addition the account will not exceed 8% AER or be less than 0.25% AER.
Minimum Initial Investment
£1
The minimum investment is £1.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
New Money Only
no
Not applicable.
Minimum Age
50 years
The minimum age for investors is 50 years.
Area Restrictions
none
There are no area restrictions that apply to this account
Minimum Initial Investment
£1
The minimum investment is £1.
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