Monthly Income (3rd Issue) - Mansfield

Monthly Income (3rd Issue)

Mansfield
0.8 % AER
Headline Interest Rate
30 days notice
FSCS
Compensation Scheme
£ 10,000 min initial deposit
£ 250,000 max balance
  • Open By:

About the account

Account Type: Notice Account
Headline Interest Rate: 0.8 % AER
Headline Interest Balance: £ 10,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 10,000
Date account was introduced: 22 Apr 2016
Date of last rate changed: 22 Apr 2016
Maximum rate change: -0.26 %

This account may be appropriate for you if

  • Your are happy to give 30 days notice before accessing your money

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£10,0000.80%0.80%0.80%

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: monthly
Minimum Balance: £ 10,000
Maximum Balance: £ 250,000
Statement Frequency: not issued
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: A notice period of 30 days is required for withdrawals.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: A notice period of 30 days is required for withdrawals.
Free Withdrawal Conditions: no free w/ds allowed

Conditions

Trustee Types: This account can be opened on behalf of a child as a parent trustee for child or in formal trust providing the correct documentation is received.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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