Variable Rate Regular Savings - Leek United

Variable Rate Regular Savings

Leek United
2.25 % AER
Headline Interest Rate
Regular Saver
FSCS
Compensation Scheme
£ 25 min monthly deposit
£ 500 max monthly deposit
  • Open By:

About the account

Account Type: Regular Saver
Headline Interest Rate: 2.25 % AER
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 25
Minimum Monthly Deposit: £ 25
Minimum Additional Deposit: £ 25
Maximum Monthly Deposit: £ 500
What happens if you miss a payment: If a monthly payment is missed the account will transferred to a Pyramid Share account and the rate applicable on that account will apply.
Date account was introduced: 21 Sep 2012
Date of last rate changed: 21 Sep 2012
Maximum rate change: 0.25 %

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£252.25%2.25%2.25%

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: Withdrawals and closure are permitted. The bonus will not be paid if more than 1 withdrawal is made or the account is closed on a non-anniversary date (anniversary of account opening).
Minimum Withdrawal: £ 1
Notice and Penalty Charge: Withdrawals are permitted without notice, penalty or charge.
Free Withdrawal Conditions: The bonus will not be paid if more than 1 withdrawal is made or the account is closed on a non-anniversary date (anniversary of account opening).

Conditions

Trustee Types: This account can be opened by formal trusts or on behalf of someone else.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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