Future Saver - Nationwide Building Society

Future Saver

Nationwide Building Society
2 % AER
Headline Interest Rate
Easy Access
FSCS
Compensation Scheme
£ 1 min initial deposit
£ 5,000 max balance
  • Open By:

About the account

Account Type: Easy Access
Headline Interest Rate: 2 % AER
Headline Interest Balance: £ 1
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 1
Date account was introduced: 20 Sep 2018
Date of last rate changed: 20 Sep 2018
Maximum rate change: -0.5 %

This account may be appropriate for you if

  • You are under 15 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER

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: £ 5,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: The rate includes a bonus subject to a maximum of 1 withdrawal per Account year. Further withdrawals are permitted however a lower rate of interest will be paid for the remainder of the Account year. Account year means the 12-month period from the date that the account was opened and each subsequent period of 12 months thereafter.
Minimum Withdrawal: £ 1

Conditions

Trustee Types: This account can be opened by an adult aged 18 or over and managed on behalf of the child if the child is aged 15 or under.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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