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A new instant access account with the following key features:
Premier Bonus Issue 2
- · For the first 6 months, a bonus equivalent to 0.40% pa is added to the interest rate
- Interest rate guarantee until 31st January 2009.
- · Up to 4 withdrawals are available each calendar year.*
- · Invest any amount from £1,000 to £75,000.
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Gross AER%
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Gross Applied%
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Net Applied%
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Tiers
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Interest
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6.11
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6.31
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5.05
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£1,000 - £75,000
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Annually
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The interest rates shown include a bonus equivalent to 0.40% pa which is payable for the first 6months.
*CONDITIONS
The account is operated on an instant access basis with up to 4 withdrawals being available each calendar year without notice or penalty. Where more than 4 withdrawals are made, the interest rate will revert automatically to that on our Premier Instant Account for the remainder of the calendar year (full details available on request).
Interest rates are variable and will be altered at the Society’s discretion. The account pays a 0.40% per annum bonus for the first 6 months from the account being opened. The interest rate, excluding bonus, is guaranteed to be at least 0.25% above bank base rate until 31st January 2009. Interest is paid annually on 31 December and can be credited to the account or paid out to your bank account according to your preference as indicated on the application form.
Please read this in conjunction with the Society’s Terms and Conditions
Please note that this account is a limited edition and the Society reserves the right to withdraw the account at any time and return funds should the account become oversubscribed. Only one account can be opened per person. Applicants must be over the age of 18.
To take advantage of this savings opportunity you can apply online, by post, through your local branch or agency or simply call our dedicated hotline number on 0161 923 8015.
POINTS TO NOTE
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added to the account each year. Interest is payable gross subject to receipt of certification as required by HM Revenue and Customs, or net of income tax at the appropriate rate required by legislation. Non taxpayers and lower rate taxpayers may be able to reclaim this tax in full or part from HM Revenue and Customs. Net rates are illustrative only and assume tax is accounted for at a rate of 20%. Where balances fall below the minimum for this account type, the Paid Up Share rate will apply (currently 0.25%).
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