Scottish Widows Bank Direct Transfer
Full product details for the Scottish Widows Bank Direct Transfer 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 Direct Transfer Features & Benefits
| Account Type | Easy Access | |
| Rate Type | variable | The type of interest rate is variable. |
| Headline Interest Rate | 2.8% | The headline interest rate is 2.80% AER. |
| Headline Interest Balance | £1,000 | £1000.00 |
| Maximum Number of Withdrawals | Unlimited | The maximum number of withdrawals permitted per year is unlimited to earn the cited interest rate. |
| Online Access | yes | Transactions can 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 | 0.89% | A bonus of 0.89% is payable. |
| Introductory Bonus Conditions | 12 months intro bonus | Bonus Conditions - An introductory bonus is payable for the first 12 months. |
| Interest Rate Guarantees | bbr - 0.25% until 31/12/12 | Rate following the bonus is guaranteed to be no less than 0.25% below Bank of England Base Rate until 31st December 2012. |
| Minimum Initial Investment | £1,000 | The minimum investment is £1000. |
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