Investec Bank High 5
Compare the Investec Bank High 5 with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Investec Bank High 5 details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Investec Bank www.investecprivatebank.co.uk | ||
| Product: | High 5 | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Notice | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 4.60% AER. | ||
| Interest Rate Guarantees: | The interest rate on this account pays the average of the top 5 savings rates published on the Money£acts web site in the category "no notice accounts, notice accounts, internet accounts, monthly interest accounts, with introductory bonus accounts and over 50s accounts". The rate is updated weekly. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | The minimum age is 18 years. | ||
| Area Restrictions: | There are no area restrictions. | ||
| Minimum Investment: | The minimum investment required to open this account is £25000. | ||
| Maximum Investment: | Unlimited | ||
| Minimum Balance: | The minimum balance is £25000. This balance must be maintained or no interest will be paid. | ||
| 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/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 £25,000 4.60% 4.60% 4.60% | ||
| Interest Payment Freq: | Interest is paid monthly. | ||
| Managing Account | |||
| Passbook: | A passbook is not provided when this account is opened. | ||
| Transactions at Branch: | Transactions cannot be made at a branch. | ||
| Statement Frequency: | Statements are issued monthly. | ||
| Transactions by Phone: | Transactions cannot be made by telephone. | ||
| Transactions by Internet: | Transactions cannot be made via the internet. | ||
| Transactions by Post: | Transactions can be made by post. | ||
| Special Access: | Withdrawals and closure permitted subject to 90 days notice. Otherwise, subject to penalty of 0.50% of amount withdrawn (min £50). | ||
| Withdrawal Conditions: | Withdrawal Conditions - Withdrawals and closure permitted subject to 90 days notice. If notice is not given, a penalty fee of 0.50% of amount withdrawn will be applied The minimum fee is £50. | ||
| Fees & Charges | |||
| Withdrawal Notice: | 90 days notice is required for withdrawals. | ||
| Withdrawal Notice (days): | 90 days notice is required for withdrawals. | ||
| Withdrawal Penalty: | There is no interest penalty applied on withdrawals. | ||
| Withdrawal Charge: | Withdrawals and closure permitted subject to 90 days notice. If notice is not given, a penalty fee of 0.50% of amount withdrawn will apply. The minimum fee is £50. | ||
| W/d Notice/Penalty/Charge: | Withdrawals permitted subject to 90 days notice. Withdrawals made at any other time are subject to a penalty fee of 0.50% of amount withdrawn. The minimum fee is £50. | ||
| Compare | |||
| Products: | www.investecprivatebank.co.uk Savings | ||
