West Bromwich Building Society Monthly Saver
Full product details for the West Bromwich Building Society Monthly Saver 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 Monthly Saver Features & Benefits
| Account Type | Regular Saver | |
| Rate Type | variable | The type of interest rate is variable. |
| Headline Interest Rate | 1.5% | The headline interest rate is 1.50% AER. |
| Headline Interest Balance | £40 | 40 |
| Maximum Number of Withdrawals | 3 withdrawals | The maximum number of withdrawals permitted to receive the cited interest rate is 3. |
| Minimum Monthly Investment | £40 | The minimum monthly investment for regular monthly credits is £40 |
| Online Access | no | Transactions are not available via the internet. |
| Branch Access | yes | Transactions can be made at a branch |
| Phone Access | yes | Transactions are available by phone. |
| Withdrawal Restrictions | no notice, penalty or charge | No notice, penalty or charge applied on withdrawals. |
| Introductory Bonus | 0% | No introductory bonus payable. |
| Introductory Bonus Conditions | 10 credits & 3 w/d p/a | Bonus Conditions - Regular monthly payments must be made into this account. If investors miss more than two monthly payments in a year, or make more than three withdrawals during that period, balances will earn interest at 0.75% below the rate offered. The minimum monthly payment is £40. The maximum monthly payment is £2,000. |
| Withdrawal Notice | 0 days | No notice, penalty or charge applied on withdrawals. |
| Minimum Initial Investment | £40 | Minimum investment of £40. |
| Minimum Number of Payments | 10 | The minimum number of payments required to receive the cited interest rate is 10. |
| Availability | restricted | Regular monthly payments must be made into this account. The monthly minimum credit is £40. The monthly maximum credit is £2,000. |
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