Help To Buy ISA - Monmouthshire Building Society

Help To Buy ISA

Monmouthshire Building Society
1.85 % AER
Headline Interest Rate
FSCS
Compensation Scheme
Up to £ 1,000 initial lump sum
Up to £ 200 per month
  • Open By:

About the account

Headline Interest Rate: 1.85 % AER
Headline Interest Balance: £ 1
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Transfers In: Transfers are accepted from other Help to Buy ISAs only..
Minimum Initial Deposit: £ 1
Date account was introduced: 21 Mar 2016
Date of last rate changed: 21 Mar 2016
Maximum rate change: -0.25 %

This account may be appropriate for you if

  • You qualify for a Help to Buy ISA
  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£11.85%1.85%1.85%

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
Minimum Balance: £ 1
Maximum Balance: Unlimited
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed

Withdrawals

Withdrawal Conditions: Instant access available at any time, but if a withdrawal is made then no bonus can be claimed from the Government, in respect of these funds.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: No notice, penalty or charge is required for withdrawals
Free Withdrawal Conditions: No notice, penalty or charge is required for withdrawals
Minimum balance for instant access withdrawals 1

Conditions

Area Restrictions: New customers who wish to open this account must be from postcode areas: NP, CF, SA, LD, WR, GL, HR, BS, BA, SN, RG, OX, SY and TA No area restrictions for existing customers.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse
Restricted Availability: This product is only available to First Time Buyers.

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