Regular Saver - Scottish Building Society

Regular Saver

Scottish Building Society
1.6 % AER
Headline Interest Rate
Regular Saver
FSCS
Compensation Scheme
£ 0 min monthly deposit
£ 500 max monthly deposit
  • Open By:

About the account

Account Type: Regular Saver
Headline Interest Rate: 1.6 % AER
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 10
Minimum Additional Deposit: £ 10
Maximum Monthly Deposit: £ 500
Date account was introduced: 01 Apr 2016
Date of last rate changed: 01 Apr 2016
Maximum rate change: 0.3 %

This account may be appropriate for you if

  • You are happy not withdrawing funds before the end of the term

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£101.60%1.60%1.60%

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

Withdrawals

Withdrawal Conditions: No partial withdrawals permitted. The account can be closed, interest will be paid up to the date of closure.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: Withdrawals not are permitted.
Transferred on Maturity: The account will be transferred to an instant access account at maturity.

Conditions

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

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