Branch Regular Saver - Hanley Economic Building Society

Branch Regular Saver

Hanley Economic Building Society
1.1 % AER
Headline Interest Rate
Regular Saver
FSCS
Compensation Scheme
£ 20 min monthly deposit
£ 500 max monthly deposit
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About the account

Account Type: Regular Saver
Headline Interest Rate: 1.1 % AER
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 20
Minimum Monthly Deposit: £ 20
Minimum Additional Deposit: £ 20
Maximum Monthly Deposit: £ 500
What happens if you miss a payment: If no subscriptions are made for 3 consecutive months or if 3 or more monthly subscriptions are missed throughout the society year (1 September - 31 August) , the Society reserves the right to close the account and either return the balance, or transfer it to an Instant Access Account, after providing 30 days notice.
Date account was introduced: 01 Oct 2007
Date of last rate changed: 01 Oct 2007
Maximum rate change: 0.1 %

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£201.10%1.10%1.10%

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: Five penalty free withdrawals are permitted per Society year. Further withdrawals are subject to 30 days loss of interest. £100 must remain in the account following withdrawal. Closure terms are the same as withdrawal terms.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: Five penalty free withdrawals are permitted per Society year. Further withdrawals are subject to 30 days loss of interest.
Free Withdrawal Conditions: Five penalty free withdrawals are permitted per Society year. Further withdrawals are subject to 30 days loss of interest.

Conditions

Trustee Types: This product is available to open 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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