Windfall Bond - The Family Building Society

Windfall Bond

The Family Building Society
0.5 % AER
Headline Interest Rate
Notice Account
FSCS
Compensation Scheme
£ 10,000 min initial deposit
£ 10,000 max balance
  • Open By:

About the account

Account Type: Notice Account
Headline Interest Rate: 0.5 % AER
Headline Interest Balance: £ 10,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 10,000
Date account was introduced: 29 Oct 2014
Date of last rate changed: 29 Oct 2014
Maximum rate change: 0.25 %

This account may be appropriate for you if

  • You are happy not withdrawing funds before the end of the term
  • You are over 18 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£10,0000.50%0.50%0.50%

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: £ 10,000
Maximum Balance: £ 10,000
Statement Frequency: not issued
Additional Deposits: Not allowed
Standing Orders: Not allowed
Account Certificate: Account Certificate available.

Withdrawals

Withdrawal Conditions: No partial withdrawals permitted. The account can be closed subject to 35 days' notice.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: No partial withdrawals permitted. The account can be closed subject to 35 days' notice.

Conditions

Trustee Types: The account can be opened by someone on behalf of someone else or by some types of formal trust provided the beneficiary is over 18 years old.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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