Heritable Bank Online Saver Issue 1

Compare the Heritable Bank Online Saver Issue 1 with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.

	This Product Is No Longer Available Heritable Bank no longer offer the "Online Saver Issue 1". You can find an alternative savings by selecting one of the following options; Compare all Heritable Bank savings Compare all market leading savings For comparison, here are the details of the Heritable Bank Online Saver Issue 1 before it was withdrawn:
Company:	Heritable Bank
Product:	Online Saver Issue 1

Savings Details
Account Type:	Instant Access
Rate Type:	The type of interest rate is variable.
Headline Interest Rate:	The headline interest rate is 6.51% AER.
Interest Rate Guarantees:	The AER is guaranteed to match Bank of England Base Rate for the term of account.
Application Criteria
Existing Customer Only:	No
Minimum Age:	The minimum age is 18
Area Restrictions:	There are no area restrictions.
Minimum Investment:	The minimum investment required to open this account is £500.
Maximum Investment:	The maximum investment allowed on this account is £1000000.
Minimum Balance:	The minimum balance that must be maintained is £500, if the balance of the account falls below this amount the interest rate payable will be 0.50% until the account balance is restored to this minimum.
Introductory Rates
Introductory Bonus:	expand An introductory bonus of 0.61% is payable. Gross Rate Gross Rate AER Excluding Bonus Including Bonus £500 5.90% 6.51% 6.51%
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 from account opening.
Rate Tiers:	expand Gross Rate Gross Rate AER Excluding Bonus Including Bonus £500 5.90% 6.51% 5.90%
Interest Payment Freq:	Interest is paid monthly.
Managing Account
Instant:	This is not 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 cannot be made by telephone.
Transactions by Internet:	Transactions can be made via the internet.
Transactions by Post:	Transactions cannotbe made by post.
Special Access:	Unlimited withdrawals.
Withdrawal Conditions:	Withdrawal Conditions - Unlimited withdrawals are permitted. .
Fees & Charges
Penalty on all Wdls:	There is not a penalty on all withdrawals.

Savings News

2 Dec 08	Alliance & Leicester Highlight Savings Trend
2 Dec 08	Savings Providers 'Planning Rate Cuts'
1 Dec 08	PPF Help is Needed, Pensions Group Suggests

more news

Comparison Tables

Latest Headlines

2 Dec 08	Student Threatened with Debt Collectors Over Phone Bill for Calls Made by Thief
2 Dec 08	Premium Bond Prizes 'Hit by Rate Cuts'
2 Dec 08	Mobile broadband allowances 'double in a year'
2 Dec 08	Travellers 'Not Getting Full Compensation for Lost Luggage'
2 Dec 08	RBS Document on Bank Charges Leaked

more news

Free Services

Money Saving Newsletter

The best money saving deals, freebies, rate alerts and advice emailed to you every week.

Find Companies

Savings Guide

RSS Feeds - Subscribe!

Latest Money News & Money Saving Tips

What are RSS feeds?

The "advice" given in our money saving tips is for information purposes only and should not be construed as "financial advice".
money.co.uk recommends you seek professional advice before proceeding with any investment or financial decision.

Site Map | Privacy Policy | About Us | Contact Us
money.co.uk is a trading name of Dot Zinc Limited, who are authorised and regulated by the Financial Services Authority. FSA Registration Number: 415689.
Copyright © www.money.co.uk / Dot Zinc Limited 2002-2008. All rights reserved.

Home | Login | Sign Up

Investing

Utilities