Vernon 60 Day Direct

Full product details for the Vernon 60 Day Direct 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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Vernon 60 Day Direct Features & Benefits

Account TypeNotice 
Rate TypevariableThe type of interest rate is variable.
Headline Interest Rate2.25%The headline interest rate is 2.25% AER.
Headline Interest Balance£100,000£100000.00
Online AccessnoTransactions cannot be made via the internet.
Branch AccessnoTransactions cannot be made at a branch
Phone AccessnoTransactions cannot be made by telephone
Withdrawal Restrictionsnotice or penaltyA notice period of 60 days is required for withdrawals, if the notice period is not given an interest penalty of 60 days is applied when the withdrawal is made.
Introductory Bonus0%There is no bonus payable.
Introductory Bonus Conditions6 month intro bonusBonus Conditions - An introductory bonus is payable for the first 6 months.
Withdrawal Notice60 daysA notice period of 60 days is required for withdrawals, if the notice period is not given an interest penalty of 60 days is applied when the withdrawal is made.
Minimum Initial Investment£1,000The minimum investment required to open this account is £1000.
AvailabilityrestrictedVernon Building Society will only accept new accounts within a 25 mile radius of Stockport.
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