Regular Saver ISA - Vernon

Regular Saver ISA

Vernon
1.5 % AER
Headline Interest Rate
FSCS
Compensation Scheme
£ 25 min initial deposit
Unlimited max balance
  • Open By:

About the account

Headline Interest Rate: 1.5 % AER
Headline Interest Balance: £ 25
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Transfers In: No
Minimum Initial Deposit: £ 25
Date account was introduced: 04 Jul 2014
Date of last rate changed: 04 Jul 2014
Maximum rate change: -0.1 %

This account may be appropriate for you if

  • You haven't already opened a Cash ISA this year
  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£251.50%1.50%1.50%
£25,0001.00%1.00%1.00%

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: £ 25
Maximum Balance: Unlimited
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: 2 withdrawals are allowed during each period (1st April to 31st March) without notice or penalty. Any further withdrawals will mean that the annual interest rate bonus will not be payable on 31st March.
Minimum Withdrawal: £ 10
Notice and Penalty Charge: No notice, penalty or charge is made for withdrawals
Free Withdrawal Conditions: 2 withdrawals are allowed during each period (1st April to 31st March) without notice or penalty. Any further withdrawals will mean that the annual bonus will not be payable on 31st March.
Minimum balance for instant access withdrawals 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.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

Moneywise Best Buys

Savings Accounts

ProductAER
Nationwide Flexclusive Regular Saver - Nationwide Building Society5%
First Direct Regular Saver - first direct5%
HSBC Regular Saver - HSBC5%
M&S Bank Monthly Saver - M&S Bank5%
Santander 123 Regular eSaver - Santander5%