The Tipton & Coseley Building Society

Premier Access

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

Interest Rates – Premier Access (from 1 May 2009)

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

Premier Access
Account balance	Gross%	AER%	Net%
£50,000+	1.30	1.17	1.04
£25,000+	1.20	1.08	0.96
£10,000+	1.10	0.97	0.88
£5,000+	1.00	0.88	0.80

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

Premier Access
Account balance	Gross%	AER%	Net%
£50,000+	1.05	1.05	0.84
£25,000+	0.95	0.95	0.76
£10,000+	0.85	0.85	0.68
£5,000+	0.75	0.75	0.60

Summary Box
Key Product Information for our Premier Access Savings Account
Account Name	Premier 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 post only.

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	A maximum of 3 withdrawals, by cheque only payable to you, are allowed each calendar year. 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	Cheque only investments may be made at your convenience, the minimum investment amount is £500.
Account operation	All transactions, including account opening, must be conducted 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.

Savings Calculator

Please enter the amount you would like to invest and click on the Calculate button.

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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