Birmingham Midshires Guaranteed Reward Account Issue 2
Compare the Birmingham Midshires Guaranteed Reward Account Issue 2 with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Birmingham Midshires Guaranteed Reward Account Issue 2 details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Birmingham Midshires www.askbm.co.uk | ||
| Product: | Guaranteed Reward Account Issue 2 | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Instant Access | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 3.20% AER. | ||
| Interest Rate Guarantees: | The interest rate is guaranteed to be at least equal to the Bank Base Rate until 1st June 2013. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | The minimum age is 18 attained. | ||
| Area Restrictions: | There are no area restrictions | ||
| Minimum Investment: | The minimum investment is £1. | ||
| Maximum Investment: | The maximum investment is £1000000. | ||
| Minimum Balance: | The minimum balance is £1. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | A bonus of 0.85% is payable. Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 2.35% 3.20% 3.20% | ||
| Incentives Offered: | There are no free gifts or incentives offered with this account. | ||
| Rates | |||
| Tax Free: | This product is not tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Bonus Payment Conditions: | Bonus Conditions An introductory bonus is payable for the first 12 months following account opening. Up to 4 penalty free withdrawals permitted in the bonus period. Subsequent withdrawals will result in the account reverting to a Base Rate Tracker Savings Account. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 2.35% 3.20% 2.35% | ||
| Interest Payment Freq: | Interest is paid annually. | ||
| Managing Account | |||
| Instant: | This is an instant access account. | ||
| Passbook: | A passbook is not issued. | ||
| Transactions at Branch: | Transactions cannot be made at a branch. | ||
| Statement Frequency: | Statements are issued annually. | ||
| Transactions by Phone: | Transactions can be made by telephone. | ||
| Transactions by Internet: | Transactions cannot be carried out via the internet. | ||
| Transactions by Post: | Transactions cannot be made by post. | ||
| Special Access: | 4 penalty free w/d's permitted during the first 12 months, unlimited penalty free access permitted after the 12 month reward period. | ||
| Withdrawal Conditions: | Withdrawal Conditions - 4 penalty free withdrawals permitted during the 12 month reward period, subsequent withdrawals will result in the account reverting to a Base Rate Tracker Savings Account. Unlimited penalty free access permitted after the 12 month reward period. | ||
| Fees & Charges | |||
| Penalty on all Wdls: | There is not a penalty on all withdrawals. | ||
| Compare | |||
| Products: | www.birmingham-midshires.co.uk Savings | ||
