Savings

Helping your savings to grow

Notice Deposit

This account is for clubs and small associations. As with our share accounts, it provides an attractive rate of interest.

Interest Rates - Notice Deposit (from 1 May 2008)

  Gross% AER% Net%
£50,000+ 3.90 3.90 3.12
£25,000+ 3.40 3.40 2.72
£10,000+ 3.15 3.15 2.52
£5,000+ 3.15 3.15 2.52
£500+ 3.15 3.15 2.52

Key features
Minimum investment amount The minimum balance is £500.
Maximum investment amount The maximum overall holding per investor is £500,000.
Withdrawal restrictions Instant access is available on balances over £5,000. Withdrawals from balances below £5,000 require 90 days notice or are subject to a charge of 90 days interest on the amount you withdraw.
Withdrawal amounts Withdrawals are subject to our normal office limits.
Further investments Investments may be made at your convenience, the minimum amount is just £1.
Interest payment The rate of interest is variable and is paid annually on 31 December.
 

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


Page last updated on 1 May 2008.



© The Tipton and Coseley Building Society 2005
www.thetipton.co.uk
xhtml | css | 508