Monthly Income (3rd Issue) - Mansfield

Monthly Income (3rd Issue)

0.8 % AER
Headline Interest Rate
30 days notice
Compensation Scheme
£ 10,000 min initial deposit
£ 250,000 max balance
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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

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


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


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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