Scottish Widows Bank Club & Association Deposit - Annual Full product details for the Scottish Widows Bank Club & Association Deposit - Annual 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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Scottish Widows Bank Club & Association Deposit - Annual Features & Benefits
Account Type Business Instant Access Account
Rate Type variable Interest payable is variable
Headline Interest Rate 1.5% The headline interest rate is 1.50% AER.
Headline Interest Balance £50,000 £50000.00
Maximum Number of Withdrawals Unlimited The maximum number of withdrawals permitted per year is ul to earn the cited interest rate.
Online Access no Transactions cannot be made via Internet.
Branch Access no Transactions cannot be made via the branch network
Phone Access yes Transactions can be made by telephone
Introductory Bonus 0% There is not introductory bonus available.
Interest Rate Guarantees no less 0.25% below bbr The rate is guaranteed to be no less than 0.25% below the Bank of England Base Rate until 31st December 2012.
Minimum Initial Investment £500 The minimum investment required is £500
Permanent UK Resident yes This product is only available to individuals who are permanent UK residents.
New Money Only no Not applicable
Minimum Age 16 years Minimum age 16.
Area Restrictions none There are no area restrictions in operation
Minimum Initial Investment £500 The minimum investment required is £500
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