Furness Lifestyle Saver - Furness Building Society

Furness Lifestyle Saver

Furness Building Society
1.8 % AER
Headline Interest Rate
Regular Saver
FSCS
Compensation Scheme
£ 1 min monthly deposit
£ 250 max monthly deposit
  • Open By:

About the account

Account Type: Regular Saver
Headline Interest Rate: 1.8 % AER
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 1
Minimum Monthly Deposit: £ 1
Minimum Additional Deposit: £ 1
Maximum Monthly Deposit: £ 250
What happens if you miss a payment: If a monthly payment is missed, Furness Building Society will give 30 days notice and transfer the balance to a Furness Access Saver account.
Date account was introduced: 01 Feb 2011
Date of last rate changed: 01 Feb 2011
Maximum rate change: -0.25 %

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
£11.80%1.80%1.80%

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
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: One withdrawal is permitted each anniversary year. If more withdrawals are required the account has to be closed.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: One withdrawal is permitted each anniversary year. If more withdrawals are required the account has to be closed.
Free Withdrawal Conditions: One withdrawal is permitted each anniversary year. If more withdrawals are required the account has to be closed.

Conditions

Trustee Types: This product is available to formal trusts and those that are on behalf of a child.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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