The Tipton & Coseley Building Society

Hallmark Access

If you have £5,000 to save and are prepared to limit the number of withdrawals you make each year, consider our Hallmark Access account.

Interest Rates – Hallmark Access (from 1 May 2009)

^{These rates include a 0.25% (fixed) introductory bonus for the first 6 months following the inception of the account.}

Hallmark Access
Account balance	Gross%	AER%	Net%
£50,000+	1.00	0.88	0.80
£25,000+	0.90	0.78	0.72
£10,000+	0.80	0.67	0.64
£5,000+	0.70	0.58	0.56

^{Existing accounts that do not include the 0.25% (fixed) introductory bonus.}

Hallmark Access
Account balance	Gross%	AER%	Net%
£50,000+	0.75	0.75	0.60
£25,000+	0.65	0.65	0.52
£10,000+	0.55	0.55	0.44
£5,000+	0.45	0.45	0.36

Summary Box
Key Product Information for our Hallmark Access Savings Account
Account Name	Hallmark Access
Interest rates (AERs)	See 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 may be made without notice in a calendar year.
Access	Access by branch or post.

Key features
Minimum investment amount	The minimum opening balance is £5,000.
Maximum investment amount	The maximum overall holding per investor is £500,000.
Operating balance	The minimum operating balance is £5,000. Withdrawals taking the balance below £5,000 are only allowed on closure of the account.
Withdrawal restrictions	Up to 3 cheque only withdrawals, may be made without notice in any calendar year. Upon making your third withdrawal, no further withdrawals, including account closure, are allowed until the following calendar year. The minimum cheque withdrawal amount is £10.
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	Transactions may be made at any of our branch offices or through the post.
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 investment terms and conditions before sending us your completed application.

Further information

If you would like further information through the post about our range of savings products, 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 our Charitable Foundation.

Page last updated on 2 November 2009.

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