Northern Bank NI
Compare the Northern Bank (NI) Northern Choice Plus with the UK's best current accounts, including application criteria, incentives, facilities, overdraft, rates and fee & charges.
 |  Compare Northern Bank (NI) Northern Choice Plus details directly with other current accounts or compare current accounts using our current account comparison tables. | ||
| Company: | Northern Bank (NI) www.northernbank.co.uk | ||
| Product: | Northern Choice Plus | ||
| Apply via this site: | Not available | ||
| Application Criteria | |||
 Minimum income: | No minimum income required to keep this account open. | ||
| Minimum Monthly Credit: | There is no minimum monthly credit required. | ||
| Minimum Investment: | There is no minimum investment required to open this account. | ||
| Maximum Investment: | Unlimited | ||
| Minimum Age: | The minimum age to open this account is 18 years. | ||
| Maximum Age: | Unlimited | ||
| Existing Customer Only: | This account is not available to existing customers only. | ||
| Area Restrictions: | There are no area restrictions. | ||
| Transfer Assistance: | Transfer assistance is available. | ||
| Incentives | |||
| Account Promotions: | Worldwide family travel insurance benefits available. Commission free travel currency is available. If the customer takes out a Northern Bank bank mortgage there will be no home loan arrangement fee. A linked savings account, Northern Choice Plus Savings Account, is available. A Northern Gold credit card is available, with one rate for purchases and cash advances. A savings sweep option is available with the linked savings account, Northern Choice Plus Savings Account. | ||
| Incentive Cashback £: | There are no cashback incentives with this account. | ||
| Incentive Moneyback: | There are no moneyback incentives with this account. | ||
| Incentive Pref Rate/Deals: | If the customer takes out a Northern Bank bank mortgage there will be no home loan arrangement fee. A linked savings account, Northern Choice Plus Savings Account, is available. A Northern Gold credit card is available, with one rate for purchases and cash advances. | ||
| Incentive Disc/Vouchers: | There are no discount or voucher incentives with this account. | ||
| Incentive Breakdown: | There are no breakdown incentives with this account. | ||
| Incentive Protection: | There are no protection incentives with this account. | ||
| Incentive Other Insurance: | There are no other insurance incentives available. | ||
| Incentive Savings Sweep: | A savings sweep option is available with the linked savings account, Northern Choice Plus Savings Account. | ||
| Incentive Currency: | Commission free travel currency is available. | ||
| Incentive Other: | There are no other incentives with this account. | ||
| Facilities | |||
| Internet Banking: | 24 hour access is available to the customer via the Internet Banking service. With this service the customer would be able to: - view their accounts; - check balances; - pay bills; - transfer funds; - order statements; - order cheque books. | ||
| Branch Banking: | This account can be operated through a branch. | ||
| Telephone Banking: | Northern Bank offer the 24 Hour Telephone Banking service. With telephone banking the customer will be able to: - check the balance of their accounts; - review withdrawals and deposits; - transfer funds between accounts; - order statements; - pay selected bills; - order cheque books | ||
| Post Office Banking: | Transactions cannot be made at a Post Office branch. | ||
| Standing Orders: | Standing order facilities are available. | ||
| Direct Debits: | Direct Debit facilities are available. | ||
| BACS Transfers: | Electronic/Telegraphic transfer service is available. | ||
| CHAPS Transfers: | Electronic/Telegraphic transfer service is available. | ||
| Bill Payment Service: | Bill payment service is available. | ||
| Statement Frequency: | Statements are issued quarterly. The customer can request to receive them more frequently if desired. | ||
| Min Additional Deposit: | Unlimited | ||
| Minimum Withdrawal: | Unlimited | ||
| Withdrawal Restrictions: | Withdrawal Conditions - None. | ||
| ATM Card: | An ATM card is available. | ||
| ATM Mini Statements: | Mini statements are available through the ATM. | ||
| Max ATM Withdrawal: | The maximum ATM withdrawal is £350.00. | ||
| Cheque Book: | A cheque book is issued with this account. | ||
| Cheque Guarantee Card: | A cheque guarantee card of £250 is issued with this account. | ||
| Cheque Clearance Time: | Deposited cheques can be drawn against after they have been cleared, which takes two business days. | ||
| Debit Card: | A Maestro card is available. | ||
| Debit Card Type: | A Maestro card is available. | ||
| Passbook: | A passbook is not provided with this account. | ||
| Text Messaging Events: | Text message alerts are available eg. when the balance of the account reaches a certain level. E-mail alerts are also available. | ||
| Text Mini Statements: | Text message mini statements are not available. | ||
| Travel Ins Winter Sport: | Worldwide family travel insurance benefits availablevia the Mastercard Gold product linked to this account. | ||
| Overdraft | |||
| Overdraft Facility: | Overdraft facilities are available subject to status, the customer has to be over 18. | ||
| Interest Free O/D Limit: | An interest free overdraft is not available. | ||
| Automatic O/D Facility: | There is no automatic overdraft facility available. | ||
| Overdraft Buffer Limit: | There is no overdraft buffer available on this account. | ||
| Overdraft Arrangement Fee: | There is no overdraft arrangement fee on overdrafts up to £15,000. For overdrafts over this amount there is a charge of 1% of the overdraft. | ||
| Auth O/D Rate-APR/EAR: | The authorised overdraft rate is 5.60% EAR. | ||
| Mthly Auth O/D Charge: | There is no monthly authorised overdraft charge. | ||
| Unauth O/D Rate-APR/EAR: | The unauthorised overdraft rate is 13.65% EAR. | ||
| Mthly Unauth O/D Charge: | There is no monthly charge for unauthorised overdrafts. | ||
| Overdraft Letter Charge: | There is no charge for an overdraft letter. | ||
| Rates | |||
| Headline Interest Rate: | The headline interest rate is 1.00% AER. | ||
| Rate Guarantee: | There are no interest rate guarantees. | ||
| Introductory Bonus: | No introductory bonus payable. | ||
| Amount of Bonus: | No bonus payable. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Non Standard Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £0 1.00% 1.00% 1.00% | ||
| Gross AER - £1/£50: | 1.00% | ||
| Gross AER - £500: | 1.00% | ||
| Gross AER - £1,000: | 1.00% | ||
| Gross AER - £2,500: | 1.00% | ||
| Gross AER - £5,000: | 1.00% | ||
| Gross AER - £10,000: | 1.00% | ||
| Gross AER - £25,000: | 1.00% | ||
| Gross AER - £50,000: | 1.00% | ||
| Gross AER - £100,000: | 1.00% | ||
| Interest Payment Freq: | Interest is paid quarterly. | ||
| Interest on Withdrawal: | The interest ceases to be calculated on withdrawn funds same day as they are withdrawn. | ||
| Int Added to Account: | All credit interest is added to the account. | ||
| Interest Paid by Cheque: | Interest cannot be paid by cheque or warrant. | ||
| Int Paid to Bank A/c: | Interest cannot be paid to a bank account. | ||
| Int Paid to Other A/c: | Interest cannot be paid to another account. | ||
| Int After Cash Deposit: | The interest is calculated on a cash deposit from same day as the funds are deposited. | ||
| Int After Cheq Deposit: | Interest is calculated from the two working days after receipt of the cheque when it has cleared. | ||
| Int After BACS Deposit: | The interest is calculated on BACS deposit the same day as it is deposited. | ||
| Interest Variant: | No | ||
| Max Balance High Interest: | Unlimited | ||
| Fee & Charges | |||
| Free Banking: | Free banking is not available, a quarterly servicing fee is payable. | ||
| Monthly Charge: | There is a quarterly servicing fee of £30.00 (equivalent to £10.00 per month.) | ||
| Standing Order Charge: | There is no charge for standing order mandates. | ||
| S/O Setting Up Charge: | There is no charge for setting up standing order. | ||
| S/O Amendment Charge: | There is no charge for amending a standing order. | ||
| S/O Cancellation Charge: | There is no charge for cancelling a standing order. | ||
| Unpaid S/O Charge: | The charge for an unpaid standing order is £28.00. | ||
| Direct Debit Charge: | There is no charge for direct debits mandates. | ||
| Debit card charge Europe: | There is a charge of 2% of the transaction value (min £1.50, max £9.00) for all debit card transactions in Europe. | ||
| D/D Setting Up Charge: | There is no charge for setting up a direct debit mandate. | ||
| D/D Amendment Charge: | There is no charge for amending a direct debit. | ||
| D/D Cancellation Charge: | There is no charge for cancelling a direct debit mandate. | ||
| Unpaid D/D Charge: | The charge for an unpaid direct debit is £28.00. | ||
| CHAPS Charge: | The charge for an electronic or telegraphic transfer is £24. There is a charge of £7 for inward payment of a telegraphic transfer. | ||
| Stopped Cheque Charge: | There is charge of £10 for a stopped cheque. | ||
| Unpaid Cheque Charge: | There is charge of £28.00 for an unpaid cheque. | ||
| Transaction Charge: | No charge is made for standard banking transactions on this account. | ||
| Unauth Transaction Fee: | A £25 referral fee is charged per excess, if the customer goes over their arranged overdraft limit. | ||
| ATM Withdrawal Charge: | Northern Bank customers can withdraw from any Northern Autobank machines without charge.They may also withdraw cash from any LINK ATM machine and Bank of Ireland, First Trust, AIB, and Ulster Bank cash machines in Ireland. | ||
| ATM charge Europe: | There is a charge of 3.50% of the transaction value (min £2.50, max £9.00) for ATM usage in Europe. | ||
| A/c Transfers Int. Free: | There is no interest free overdraft offered with transferred accounts. | ||
| Bankers Draft Charge: | The charge for a bankers draft is £10. | ||
| Bankers Reference Charge: | The charge for a bankers reference is £10 (£10 + VAT). | ||
| Copy Cheque Charge: | There is no charge for a copy of a cheque. | ||
| Duplicate Stat Charge: | A charge of £6 per sheet is made for a copy of a statement previously issued. | ||
| Special Clearance Charge: | The charge for special cheque presentation is £10. | ||
| Forex fee % Europe: | There is no foreign exchange conversion fee. | ||
| Other Charges: | No other charges. | ||
| Compare | |||
| Products: | www.northernbank.co.uk Current Accounts | ||
