West Bromwich Building Society Children's Acorn Regular Savers
Full product details for the West Bromwich Building Society Children's Acorn Regular Savers 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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West Bromwich Building Society Children's Acorn Regular Savers Features & Benefits
| Account Type | Regular Saver | |
| Rate Type | bbr | The type of interest rate is bbr. |
| Headline Interest Rate | 1% | The headline interest rate is 1.00% AER. |
| Headline Interest Balance | £10 | 10 |
| Maximum Number of Withdrawals | 2 withdrawals | The maximum amount of withdrawals permitted each year to earn the citied interest rate is 2. |
| Minimum Monthly Investment | £10 | The minimum monthly investment is £10. |
| Online Access | no | Transactions are cannot be made via the internet. |
| Branch Access | yes | Transactions can be made at a branch |
| Phone Access | yes | Transactions can be made by phone. |
| Withdrawal Restrictions | no notice, penalty or charge | There is no notice, penalty or charge applied on withdrawals. 2 withdrawals are permitted per annum (up to 31st March), the third withdrawal results in closure. |
| Introductory Bonus | 0% | No introductory bonus payable. |
| Interest Rate Guarantees | bbr + 0.50% | The interest rate is guaranteed to be 0.50% above bank base rate until further notice - this guarantee is reviewed annually. |
| Withdrawal Notice | 0 days | There is no withdrawal notice period. |
| Minimum Initial Investment | £10 | Minimum investment of £10. |
| Minimum Number of Payments | 1 | The minimum number of payments required to receive the cited interest rate is 1. |
| Availability | restricted | This is a children's regular savings account. Regular monthly payment must be made into this account. The minimum monthly credit is £10 and the maximum monthly credit is £100. |
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