Regular Savings (4th Issue) - Mansfield

Regular Savings (4th Issue)

Mansfield
2.25 % AER
Headline Interest Rate
Regular Saver
FSCS
Compensation Scheme
£ 10 min monthly deposit
£ 250 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: £ 10
Minimum Monthly Deposit: £ 10
Minimum Additional Deposit: £ 10
Maximum Monthly Deposit: £ 250
What happens if you miss a payment: If a payment is missed then the account will be transferred into a Mansfield Easy Access 1st Issue account.
Date account was introduced: 01 Jul 2015
Date of last rate changed: 01 Jul 2015
Maximum rate change: -0.25 %

This account may be appropriate for you if

  • You are over 18 years of age

Rate details

Gross Rate
Excl Intro Bonus
Gross Rate
Incl Intro Bonus
AER
Excl Intro Bonus
AER
Incl Intro Bonus
£101.25%2.25%1.25%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: not issued
Additional Deposits: Not allowed
Standing Orders: Allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: Withdrawals are restricted to 2 per year without notice or loss of interest. Additional withdrawals subject to loss of 90 days interest on amount withdrawn. The closure terms are the same as the withdrawal terms.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: If more than two withdrawals are made, 90 days loss of interest will be applied.
Free Withdrawal Conditions: Withdrawals are restricted to 2 per year without notice or loss of interest. Additional withdrawals subject to loss of 90 days interest on amount withdrawn.

Conditions

Area Restrictions: This product is available to applicants residing in Nottinghamshire, Derbyshire or South Yorkshire. It is also available to existing customers residing outside these areas if they have been a member of Mansfield Building Society for at least 1 year.
Trustee Types: This product is available to formal trusts.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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