Postal Account - Beverley

Postal Account

Beverley
0.75 % AER
Headline Interest Rate
FSCS
Compensation Scheme
£ 1,000 min initial deposit
£ 400,000 max balance
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About the account

Headline Interest Rate: 0.75 % AER
Headline Interest Balance: £ 75,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 1,000
Date account was introduced: 01 Jul 2004
Date of last rate changed: 01 Jul 2004
Maximum rate change: -0.15 %

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£1,0000.60%0.60%0.60%
£75,0000.75%0.75%0.75%

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: annually
Minimum Balance: £ 1,000
Maximum Balance: £ 400,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: Withdrawals Conditions - Withdrawals by cheque only, minimum amount £500, payable to account holder.
Minimum Withdrawal: £ 500

Conditions

Trustee Types: This account can be opened in trust by someone on behalf of someone else or by a formal trust.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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