Triple Access - Vernon

Triple Access

Vernon
0.85 % AER
Headline Interest Rate
FSCS
Compensation Scheme
£ 10 min initial deposit
£ 250,000 max balance
  • Open By:

About the account

Headline Interest Rate: 0.85 % 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: 26 Aug 2014
Date of last rate changed: 26 Aug 2014
Maximum rate change: 0.2 %

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£100.85%0.85%0.85%

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

Withdrawals

Withdrawal Conditions: Up to 3 withdrawals or closure are allowed during each 12 month period (1st April to 31st March) without notice or penalty. Any further withdrawals or closure can only take place after the next 12 month period has commenced.
Minimum Withdrawal: £ 10

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 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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