Notice 90 - Hanley Economic Building Society

Notice 90

Hanley Economic Building Society
0.75 % AER
Headline Interest Rate
90 days notice
FSCS
Compensation Scheme
£ 100 min initial deposit
£ 50,000 max balance
  • Open By:

About the account

Account Type: Notice Account
Headline Interest Rate: 0.75 % AER
Headline Interest Balance: £ 50,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 100
Date account was introduced: 01 Jan 2009
Date of last rate changed: 01 Jan 2009
Maximum rate change: 0.1 %

This account may be appropriate for you if

  • Your are happy to give 90 days notice before accessing your money

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£1000.45%0.45%0.45%
£25,0000.65%0.65%0.65%
£50,0000.75%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, monthly
Minimum Balance: £ 100
Maximum Balance: £ 50,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: A notice period of 90 days is required for withdrawals, if the notice period is not given an interest penalty of 90 days is applied when the withdrawal is made. Penalty-Free Withdrawals No withdrawal notice is required if the account balance remains over £25,000. Closure is subject to 90 days notice, if the notice period is not served 90 days interest penalty will be applied. Immediate closure without notice or penalty is not permitted.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: A notice period of 90 days is required for withdrawals, if the notice period is not given an interest penalty of 90 days is applied when the withdrawal is made. No withdrawal notice is required if the account balance remains over £25,000
Free Withdrawal Conditions: Free withdrawals are permitted. No withdrawal notice is required if the account balance remains over £25,000.
Minimum balance for instant access withdrawals 25000

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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