The Tipton & Coseley Building Society

Hallmark 30

If you are prepared to save at least £10,000 and do not need immediate access for your withdrawals, consider our Hallmark 30 account.

Interest Rates – Hallmark 30 (Issue 4) (from 3 August 2010)

^{These rates include a 1.55% (fixed) introductory bonus for the first twelve months following the inception of the account.}

Hallmark 30
Account balance	Gross%	AER%	Net%
£50,000+	2.75	2.75	2.20
£25,000 - £49,999	2.65	2.65	2.12
£10,000 - £24,999	2.55	2.55	2.04

^{Rates excluding the 1.55% (fixed) introductory bonus.}

Hallmark 30
Account balance	Gross%	AER%	Net%
£50,000+	1.20	1.20	0.96
£25,000 - £49,999	1.10	1.10	0.88
£10,000 - £24,999	1.00	1.00	0.80

Summary Box
Key Product Information for our Hallmark 30 Savings Account
Account Name	Hallmark 30
Interest rates (AERs)	See separate interest rates table above.
Tax status	Net of income tax unless a Form R85 is registered.
Conditions for bonus payment	There are no conditions relating to the bonus payment.
Withdrawal arrangements	A maximum of 3 cheque only withdrawals can be made in any calendar year subject to 30 days notice being given.
Access	Access by branch or post.

Key features
Minimum investment amount	The minimum opening balance is £10,000.
Maximum investment amount	The maximum investment limit per investor is £50,000 subject to a £500,000 maximum overall holding.
Operating balance	The minimum operating balance is £10,000. Withdrawals taking the balance below £10,000 are only allowed on closure of the account.
Withdrawal restrictions	A maximum of 3 withdrawals, by cheque only, are allowed each calendar year subject to 30 days notice being given. No earlier access is available. Upon making your third withdrawal, no further withdrawals, including account closure, are allowed until the following calendar year. The minimum withdrawal amount is £500.
Interest payments	The rate of interest is variable and is paid annually on 31 December.
Further investments	Additional investments may be made at your convenience.
Account operation	With the exception of existing members, the account is only available within B, DY, WS or WV postcode areas. Existing members must have a savings account with us which was opened on or before 1 January 2010.
Joint accounts	Joint accounts may be opened.
Right to cancel	You have the right to cancel your investment within 14 days of your account being opened.

To download an application form please click here.

Please remember to forward a cheque payable to yourself, along with your completed application form. Please read our Terms and Conditions for Savings Accounts leaflet before sending us your completed application.

Completed application forms should be sent to:
Tipton & Coseley Building Society
70 Owen Street, Tipton, West Midlands, DY4 8HG
Telephone: 0121 557 2551

Further information

If you would like further information through the post about the range of savings products offered by Tipton & Coseley, please enter your details here.

We do not issue Section 975 tax certificates automatically. If you would like to request a Section 975 tax certificate please enter your details here.

We will require new investors to sign any future windfall rights to a Charitable Foundation.

Page last updated on 3 August 2010.

Email this page to a friend