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The key features of the Monthly Saver are:

  • Minimum balance £20, maximum balance £500,000

  • Save between £20 and £500 per month

  • Interest is calculated on a daily basis, e.g. if you save £100 each month and the interest remains at the same rate, for this purpose 1.50% gross, at the end of 12 months you will receive £9.74 interest (gross)

  • Interest paid annually on 1 August

  • Miss one monthly payment each year without affecting your interest

  • Two no notice, no penalty withdrawals allowed in any 12 month period

     

Operation of your account

The Monthly Saver can be operated online, by telephone, by visiting our branch, or by post.

Interest rates 

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