Branch Notice Issue 2 - Nottingham Building Society

Branch Notice Issue 2

Nottingham Building Society
0.25 % AER
Headline Interest Rate
60 days notice
FSCS
Compensation Scheme
£ 500 min initial deposit
£ 750,000 max balance
  • Open By:

About the account

Account Type: Notice Account
Headline Interest Rate: 0.25 % AER
Headline Interest Balance: £ 500
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 500
Date account was introduced: 21 Jan 2013
Date of last rate changed: 21 Jan 2013
Maximum rate change: -0.25 %

This account may be appropriate for you if

  • Your are happy to give 60 days notice before accessing your money
  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£5000.25%0.25%0.25%

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
Minimum Balance: £ 500
Maximum Balance: £ 750,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: Withdrawals are permitted subject to 60 days notice or 60 days loss of interest. Maximum withdrawal £500 cash or £750,000 cheque per day.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: Withdrawals are permitted subject to 60 days notice or 60 days loss of interest.
Free Withdrawal Conditions: Free withdrawals are not allowed.

Conditions

Trustee Types: This account can be opened on behalf of a child.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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Customer ratings