Instant Access - Vernon

Instant Access

Vernon
0.05 % AER
Headline Interest Rate
Easy Access
FSCS
Compensation Scheme
£ 10 min initial deposit
£ 250,000 max balance
  • Open By:

About the account

Account Type: Easy Access
Headline Interest Rate: 0.05 % AER
Headline Interest Balance: £ 10
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 10
Date account was introduced: 01 Oct 1991
Date of last rate changed: 01 Oct 1991
Maximum rate change: -0.1 %

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£100.05%0.05%0.05%

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: £ 250,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Minimum Withdrawal: £ 1

Conditions

Area Restrictions: This account is available to those that live within a 25 mile radius of Stockport or customers who are existing members.
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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