Scottish Widows Bank Charity Deposit 7 Day Notice - Monthly

Full product details for the Scottish Widows Bank Charity Deposit 7 Day Notice - Monthly savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
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Scottish Widows Bank Charity Deposit 7 Day Notice - Monthly Features & Benefits

Account TypeBusiness Notice Account 
Rate TypevariableInterest payable is variable
Headline Interest Rate1.85%The headline interest rate is 1.85% AER.
Headline Interest Balance£50,000£50000.00
Online AccessnoTransactions cannot be made via Internet.
Branch AccessnoTransactions cannot be made via the branch network
Phone AccessyesTransactions can be made by telephone
Withdrawal Restrictionsnotice or penaltyWithdrawals require 7 days notice or incur a 7 day interest penalty on the amount withdrawn.
Introductory Bonus0%There is no introductory bonus available.
Interest Rate Guaranteesno less 0.25% below bbrThe rate is guaranteed to be no less than 0.25% below the Bank of England Base Rate until 31st December 2012.
Withdrawal Notice7 daysWithdrawals require 7 days notice or incur a 7 day interest penalty on the amount withdrawn.
Minimum Initial Investment£50,000There is no minimum investment required.
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Interesting, useful & informative. Thanks
Darran L.

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