Monthly Saver - Bank of Scotland

Monthly Saver

Bank of Scotland
2.5 % AER
Headline Interest Rate
Regular Saver
FSCS
Compensation Scheme
£ 0 min monthly deposit
£ 250 max monthly deposit
  • Open By:

About the account

Account Type: Regular Saver
Headline Interest Rate: 2.5 % AER
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 25
Minimum Additional Deposit: £ 25
Maximum Monthly Deposit: £ 250
Date account was introduced: 01 Dec 2017

This account may be appropriate for you if

  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£252.50%2.50%2.50%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: maturity
Statement Frequency: maturity
Additional Deposits: Allowed
Standing Orders: Not allowed

Withdrawals

Minimum Withdrawal: £ 1
Notice and Penalty Charge: There is no notice, penalty or charge for withdrawals.
Free Withdrawal Conditions: There is no notice, penalty or charge for withdrawals.
Minimum balance for instant access withdrawals 25
Transferred on Maturity: After maturity funds will be transferred to an Access Saver account.

Conditions

Additional Account Required: Customers must hold a Bank of Scotland current account to be eligible for this account.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

Moneywise Best Buys

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Santander 123 Regular eSaver - Santander5%

Customer ratings