Abbey Monthly Saver
Compare the Abbey Monthly Saver with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Abbey Monthly Saver details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Abbey www.abbey.com | ||
| Product: | Monthly Saver | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Regular Saver | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 1.75% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | no | ||
| Minimum Age: | Minimum age is 16 years. | ||
| Restricted Availability: | Regular monthly payments must be made into this account. The minimum monthly credit is £20. | ||
| Area Restrictions: | There are no area restrictions | ||
| Minimum Investment: | Minimum investment of £1. | ||
| Maximum Investment: | Maximum investment on this account is £2000000 | ||
| Minimum Balance: | The minimum balance is £0. | ||
| Monthly Minimum: | The minimum monthly contribution is £20. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | There are no free gifts or incentives offered by the company. | ||
| Rates | |||
| Tax Free: | This product is not tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 1.35% 1.35% 1.35% £50,000 1.65% 1.65% 1.65% £100,000 1.75% 1.75% 1.75% | ||
| Interest Payment Freq: | Interest payments are made annually on the account anniversary. | ||
| Managing Account | |||
| Passbook: | A passbook is provided. | ||
| Transactions at Branch: | Transactions can be made at a branch. | ||
| Statement Frequency: | Statements are issued annually. | ||
| Transactions by Phone: | Transactions can be made made by phone. | ||
| Transactions by Internet: | Transactions cannot be made via the internet. | ||
| Transactions by Post: | Transactions cannot be made by post. | ||
| Special Access: | If a withdrawal is made a lower interest rate of 0.10% will apply for that month. | ||
| Withdrawal Conditions: | Withdrawal Conditions - The Monthly Saver pays a higher rate of interest for every month where a minimum of £20 is credited to the account by standing order, and no withdrawal is made. If a withdrawal is made a lower interest rate of 0.10% will apply for that month. Closure can occur at any time. This does not count as a withdrawal. | ||
| Fees & Charges | |||
| Withdrawal Notice: | No notice, penalty or charge made on withdrawals. | ||
| Withdrawal Penalty: | No notice, penalty or charge made on withdrawals. | ||
| Withdrawal Charge: | No notice, penalty or charge made on withdrawals. | ||
| W/d Notice/Penalty/Charge: | No notice, penalty or charge made on withdrawals. | ||
| Compare | |||
| Products: | www.abbey.com Savings | ||
