Student Account - Furness Building Society

Student Account

Furness Building Society
1 % AER
Headline Interest Rate
Compensation Scheme
£ 1 min initial deposit
£ 20,000 max balance
  • Open By:

About the account

Headline Interest Rate: 1 % AER
Headline Interest Balance: £ 500
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 1
Date account was introduced: 19 Oct 2012
Date of last rate changed: 19 Oct 2012
Maximum rate change: -0.26 %

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

Account access

Open account byManage account by
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: half-yearly
Minimum Balance: £ 1
Maximum Balance: £ 20,000
Statement Frequency: annually
Additional Deposits: Allowed
Standing Orders: Not allowed
Passbook: Passbook available.


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 1
Transferred on Maturity: On the maturity the customer will be contacted to discuss their options, otherwise he investment will be transferred into a Furness Access Saver.


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

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