30 Day Notice Midlands Air Ambulance Saver (Issue 2)

30 Day Notice Midlands Air Ambulance Saver (Issue 2)

The variable rate below applies from 19 August 2023:

• £100 plus - 4.10% gross / AER

Interest is calculated daily and paid annually on 31 December.

If you're ready to open an account you can download and complete an application form.

We may increase or decrease the interest rate at any time. Further details can be found in our Savings Terms and Conditions, available on our website, in branch or in your welcome pack. 

If you're ready to open an account you can download and complete an application form.

The balance after 12 months on an initial deposit of £1,000.00 with an interest rate of 4.10% gross/AER (variable) would be £1,041.00

This projection is for illustrative purposes only and assumes:

• The account is opened on 1 January;
• There are no additional deposits or withdrawals made;
• Interest is paid back into the account
• There is no change to the interest rate; and
• Interest is paid gross on 31 December.

If you're ready to open an account you can download and complete an application form.

The account is available for anyone aged 16 or over. Only one account can be opened per customer.

You can open a savings account at any of our branches with no appointment needed. If you are unable to make it to an office then applications by post are also allowed, simply send a cheque for your opening deposit along with your application.

We are able to access credit reference agency databases which, in most cases will allow us to prove your identity and address without the need for paper-based identification. If we do require further proof of identification we will let you know. Please click here to see our list of acceptable identification.

The minimum opening deposit is £100. You must have at least £100 in the account to keep it open. Withdrawals taking the balance below £100 are only allowed on closure of your account.

For opening deposits made by electronic payments, you must send your initial deposit within 14 days, or the account will be automatically closed.

You can pay money in or draw money out at any of our branch offices or through the post. Additional deposits can be made by cash or cheque. You can also pay money into your account by standing order. The maximum overall holding per account is £100,000.

Joint accounts may be opened.

You can view your balance and recent transactions on the Tipton App, available in the Google Play Store and Apple Store.

If you're ready to open an account you can download and complete an application form.

Withdrawals require 30 days’ notice and are limited to three in any calendar year. No early access is available.

Upon making your third withdrawal, no further withdrawals, including account closure, are allowed until the following calendar year.

Withdrawals must be a minimum of £100 and can only be made by cheque. No cash or internal transfer withdrawals are allowed.

Our daily withdrawal limits are £20,000 by cheque. Withdrawal of an amount greater than £20,000 will require two days’ notice.

If you're ready to open an account you can download and complete an application form.

Interest is paid gross (without tax deducted).

Not only will you earn interest on your savings but, you will also be supporting your Midlands Air Ambulance at the same time. At the end of each year, we will make a donation to Midlands Air Ambulance Charity based on the average balances held in these accounts.

Interest rates explained:

• Gross means the contractual rate of interest payable.
• AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

If you decide within 14 days of opening your account that it isn’t right for you, you can have your money back without charge. We’ll arrange to close the account and return your money or transfer it to another one of our savings accounts.

Issued date: 19 August 2023

If you're ready to open an account you can download and complete an application form.

Midlands Air Ambulance Saver (App) (Issue 2)

When you're ready to open your account, simply visit the Tipton App to find out more.

The variable rate below applies from 19 August 2023:

• £100 plus - 4.10% gross / AER

Interest is calculated daily and paid annually on 31 December.

When you're ready to open your account, simply visit the Tipton App to find out more.

We may increase or decrease the interest rate at any time. Further details can be found in our Savings Terms and Conditions, available on our website, in branch or in your welcome pack. 

When you're ready to open your account, simply visit the Tipton App to find out more.

The balance after 12 months on an initial deposit of £1,000 with an interest rate of 4.10% Gross / AER (variable) would be £1,041.00.

This estimation is an illustration only and assumes that the account is opened on 1 January, there are no additional deposits or withdrawals made, interest is paid gross and compounded into the account on 31 December, and there is no change to the interest rate.

When you're ready to open your account, simply visit the Tipton App to find out more.

The account is available for anyone aged 18 or over. You can open the account via the Tipton App only. Joint accounts are not permitted. Only one account per customer is allowed at any one time.

The minimum opening deposit is £100, and you must have at least £100 in the account to keep it open. You can pay money in via the App from your nominated bank account only. The maximum deposit amount is £100,000 per account.

Opening deposits must be made by electronic payment from your nominated bank account, and you must send your initial deposit within 14 days, or the account will be automatically closed.

When you're ready to open your account, simply visit the Tipton App to find out more.

Withdrawals will be subject to 30 days notice being provided.

Withdrawals can be made by transfer to your nominated bank account only, the minimum amount permitted per withdrawal is £100. No withdrawals are permitted in branch or through the post.

A maximum of three withdrawals may be made within each calendar year. Withdrawals taking the balance below £100 are only allowed on closure of your account. Upon making your third withdrawal, no further withdrawals, including account closure, are allowed until the following calendar year.

When you're ready to open your account, simply visit the Tipton App to find out more.

Interest is paid without tax deducted.

Not only will you earn interest on your savings but, you will also be supporting Midlands Air Ambulance at the same time. At the end of each year, we will make a donation to Midlands Air Ambulance Charity based on the average balances held in these accounts.

If you decide within 14 days of opening that the account isn’t right for you, you can have your money back without charge. We’ll arrange to close the account and return your money or switch your funds to another of our savings accounts.

Interest rates explained:

• Gross means the contractual rate of interest payable.
• AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

This product may be withdrawn at any time.

Issue date: 19 August 2023

When you're ready to open your account, simply visit the Tipton App to find out more.