Bank of Scotland Monthly Saver

Full product details for the Bank of Scotland Monthly Saver savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
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50 customers rated their Bank of Scotland savings as 3.9 out of 5 in our 2010/2011 Consumer Finance Awards.
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Bank of Scotland Monthly Saver Features & Benefits

Account TypeRegular Saver 
Account Term1 yearThe term of the account is 12 months.
Rate TypefixedThe type of interest rate is fixed.
Headline Interest Rate3.25%The headline interest rate is 3.25% AER.
Headline Interest Balance£25£25.00
Maximum Number of WithdrawalsUnlimitedThere is no maximum number of withdrawals.
Minimum Monthly Investment£25The minimum monthly credit is £25.
Online AccessyesTransactions can be made via the internet.
Branch AccessyesTransactions can be made at a branch.
Phone AccessyesTransactions can be made by phone.
Withdrawal Restrictionsno notice, penalty or chargeThere is no notice, penalty or charge for withdrawals.
Introductory Bonus0%No introductory bonus payable.
Withdrawal Notice0 daysThere is no notice required for withdrawals.
Minimum Initial Investment£25Minimum investment of £25.
Minimum Number of Payments1The minimum number of payments required to receive the cited interest rate is 1
AvailabilityrestrictedRegular monthly payments must be made into this account. The monthly minimum credit is £25. The monthly maximum credit is £250.
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