Do you dream of a once in a life time holiday or are you just saving for a rainy day? We encourage people to plan their purchases and learn how to save. It gives you the satisfaction of buying yourself something with your own money rather than worrying about repaying a debt.
Rates correct as at 23 February 2012
For previous rates, please click 'View previous rates' located under the current rate table
(Find Useful Downloads at the bottom of this page)
* Rate excluding bonus
† Rate including bonus
- One withdrawal per anniversary year
- 3% variable bonus added on account anniversary subject to 11 payments received in account year. Bonus is calculated on payments made in anniversary year only
- Annual interest on account anniversary
| Balance | Variable Interest Current AER | Variable Interest Current Gross | Variable Interest Current Net |
|---|---|---|---|
| £10 - £500 | 0.50%* | 0.50%* | 0.40%* |
| variable monthly payments by Standing Order (maximum £1,000 if joint account) | 3.50%† | 3.50%† | 2.80%† |
Key Product Information for our Savings Account
| Account Name | Smart Save |
|---|---|
| Interest Rates (AER) |
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| Tax Status | Interest paid net of basic rate tax, depending on your status |
| Conditions for Bonus Payments | Variable bonus of 3.00% paid on account anniversary subject to receipt of 11 separate monthly payments in the anniversary year. The bonus is calculated daily based on the monthly payments made in each separate anniversary year. It is not calculated as a percentage of the total account balance at the end of each anniversary year. You will be notified of any changes to the bonus rate prior to the changes taking place |
| Withdrawal Arrangements | One penalty free instant access withdrawal per anniversary year. This includes the first year in which the account is opened |
| Access | Post or branch |
| Useful Downloads | Download |
|---|---|
| Terms and conditions |
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| Useful Downloads | Download |
|---|---|
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Smart Save Application Form |
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Additional Resources
If you would like to open one of these accounts the investment application form below can be downloaded, printed and posted to us along with your relevant identification. Alternatively, please call into any of our branches and our staff will be pleased to help you. Please refer to our Customer Information document for other useful and important information.
| Useful Downloads | Download |
|---|---|
| Identification details - documents required when opening an account | |
| Customer Information - outlines procedures for opening and using our savings accounts | |
| General Investment Terms & Conditions - applies to all savings accounts with the Society | |
| Standing Order Form - to make regular payments from your bank to your Society account, please print this form, fill in the details and post it to your bank. If you are not using this form, our bank details are: Account number: 00004000 Sort Code: 23-44-48 Roll No/Ref No: IMPORTANT - please quote your 9 digit Society account number |
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