Speedway Saver - Dudley Building Society

Speedway Saver

Dudley Building Society
0.2 % AER
Headline Interest Rate
7 days notice
FSCS
Compensation Scheme
£ 100 min initial deposit
£ 500,000 max balance
  • Open By:

About the account

Account Type: Notice Account
Headline Interest Rate: 0.2 % AER
Headline Interest Balance: £ 25,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 100
Date account was introduced: 01 Apr 2011

This account may be appropriate for you if

  • Your are happy to give 7 days notice before accessing your money

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£1000.05%0.05%0.05%
£10,0000.10%0.10%0.10%
£25,0000.20%0.20%0.20%

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: £ 100
Maximum Balance: £ 500,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: A notice period of 7 days is required for withdrawals, if the notice period is not given an interest penalty of 7 days is applied when the withdrawal is made. Closure terms are the same as withdrawal terms.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: A notice period of 7 days is required for withdrawals, if the notice period is not given an interest penalty of 7 days is applied when the withdrawal is made.
Free Withdrawal Conditions: A notice period of 7 days, or the loss of 7 days interest, is required for withdrawals.

Conditions

Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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