Newbury Building Society

 

Here are the facts...

	band	previous rate		current rates
		Gross %	Change %	Gross %	Gross AER % *	Net Equiv %	Net AER % *
	£500+	4.15	-0.15	4.00	4.07	3.20	3.25

What rate do you get?

Our Senior saver Account is designed to give a higher rate of interest with instant access and Monthly income, to our more mature customers.

As the interest rate for this account is variable, please simply click here to see the current Senior saver interest rate. Interest is calculated daily and paid into the account at the end of each month.

Is it for you?

Consider our Senior saver account if you:

• Are aged 55 years or over.
• Can open the account with £500 or more and keep the balance at least at that amount.
• Require a Monthly income, perhaps to supplement your pension or other income.
• Want instant access to your money.

The maximum you can invest in Senior savers is £1 million. However, for higher balances you may want to consider one of our notice accounts.

Senior saver is available to anyone aged 55 or over. You can open an account either in your own name or as a joint account with someone else.

What access can you have to your money?

You can get instant access to your money. This means that no notice is required but normal cash and cheque withdrawal and cheque clearance conditions apply. Click here for details.

Are there any additional benefits on this account?

Yes. We offer a free postal service. When you make a transaction by post, we will send you a prepaid envelope to make your next transaction.

Are there any other terms and conditions you need to be aware of?

You should read our handy guide Savings explained, which contains general terms and conditions relating to saving and investing with Newbury Building Society.

Are there any charges on this account?

There are no charges for the normal operation of the account. There are charges for one-off services you may require, for example if you need a duplicate savings statement or make a withdrawal by CHAPS (Clearing House Automated Payments System). Please click here for details.