Savings Account
e-saver 90
Key features
| Account name | e-saver 90 |
|---|---|
| Interest rates (AERs) |
|
| Tax status | Gross/Net |
| Conditions for bonus payment | n/a |
| Withdrawal arrangements |
90 days’ notice is required for all withdrawals. There is no facility for easy access with loss of interest. |
| Access | Online |
Product Info Follows
Current Interest Rate
2.00% Gross / AER
This rate is for balances from £50,000. Other rates are available on our Current interest rates page.
Additional information
Minimum opening balance
£1,000 (to be paid by cheque with completed application forms).
Minimum operating balance
£1,000. If the balance falls below the minimum operating balance a nominal interest rate applies (see Current interest rates for more details).
Maximum balance
£1,000,000
New investors
Yes
Age requirements
Minimum age 16
Paying in
All deposits (with exception of the opening deposit) must be made by electronic transfer.
Unlimited (up to maximum balance).
Cheques and cash will not be accepted.
Taking money out
All withdrawals must be made by electronic transfer to your nominated bank account.
The minimum withdrawal is £50.
Charges
Not for the normal operation of the account (see our General Investment terms and conditions PDF for more details).
Additional benefits
e-saver 90 is the only online account available with 90 days' notice.
The following products are available from our branches
Access 180
Suitable for balances from £25,000 if you are able to give 180 days’ notice before making a withdrawal.
Access 90
Suitable for balances from £1,000 if you are able to give 90 days’ notice before making a withdrawal.
Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law, currently 20%. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
WE HAVE NO CURRENT PLANS TO WITHDRAW THIS PRODUCT BUT IT MAY BE WITHDRAWN WITHOUT NOTICE
Minimum opening balance
£1,000 (to be paid by cheque with completed application forms).
Minimum operating balance
£1,000. If the balance falls below the minimum operating balance a nominal interest rate applies (see Current interest rates for more details).
Maximum balance
£1,000,000
New investors
Yes
Age requirements
Minimum age 16
Paying in
All deposits (with exception of the opening deposit) must be made by electronic transfer.
Unlimited (up to maximum balance).
Cheques and cash will not be accepted.
Taking money out
All withdrawals must be made by electronic transfer to your nominated bank account.
The minimum withdrawal is £50.
Charges
Not for the normal operation of the account (see our General Investment terms and conditions PDF for more details).
Additional benefits
- Annual savings review.
- Member Loyalty Card enabling discounts and special offers from local traders who participate in our scheme.
e-saver 90 is the only online account available with 90 days' notice.
The following products are available from our branches
Access 180
Suitable for balances from £25,000 if you are able to give 180 days’ notice before making a withdrawal.
Access 90
Suitable for balances from £1,000 if you are able to give 90 days’ notice before making a withdrawal.
Gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law, currently 20%. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
WE HAVE NO CURRENT PLANS TO WITHDRAW THIS PRODUCT BUT IT MAY BE WITHDRAWN WITHOUT NOTICE
