Regular Saver 200 - Penrith Building Society

Regular Saver 200

Penrith Building Society
1.75 % AER
Headline Interest Rate
Regular Saver
FSCS
Compensation Scheme
£ 0 min monthly deposit
£ 200 max monthly deposit
  • Open By:

About the account

Account Type: Regular Saver
Headline Interest Rate: 1.75 % AER
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 1
Minimum Additional Deposit: £ 0
Maximum Monthly Deposit: £ 200
Date account was introduced: 06 Apr 2016
Date of last rate changed: 06 Apr 2016
Maximum rate change: -0.25 %

This account may be appropriate for you if

  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£11.75%1.75%1.75%

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: annually
Additional Deposits: Allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: A maximum of two withdrawals per year (January to December) of any amount leaving the balance of £1.
Minimum Withdrawal: £ 1
Notice and Penalty Charge: no notice, penalty or charge
Free Withdrawal Conditions: A maximum of two withdrawals per year (January to December) of any amount leaving the balance of £1.
Transferred on Maturity: If no instructions are received from the customer the account will be transferred to an instant access shares account.

Conditions

Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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