Loughborough Postal Classic +
Compare the Loughborough Postal Classic + with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Loughborough Postal Classic + details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Loughborough www.theloughborough.co.uk | ||
| Product: | Postal Classic + | ||
| 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 4.75% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | Minimum age required to open this account is 50. | ||
| Restricted Availability: | There is no restricted availability. | ||
| Area Restrictions: | No area restrictions applied | ||
| Minimum Investment: | The minimum investment is £100. | ||
| Maximum Investment: | The maximum investment is £250000. | ||
| Minimum Balance: | The minimum balance is £100. | ||
| 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 £100 4.25% 4.25% 4.25% £100,000 4.75% 4.75% 4.75% | ||
| 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 annually. | ||
| 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: | No notice if balance above £25,000. If bal falls below £25k withdrawal subject to 30 days notice or 30 days interest penalty. W/d via cheque or CHAPS. | ||
| Withdrawal Conditions: | Withdrawal Conditions - No notice required for withdrawals if the balance remains £25,000 or more. Where the balance of the account will below £25,000 withdrawals are subject to 30 days notice or 30 days interest penalty. Withdrawals will be normally be made by cheque. There is the facility for withdrawals via CHAPS subject to a service charge. | ||
| Fees & Charges | |||
| Withdrawal Notice: | No notice required for withdrawals if the balance remains £25,000 or more. Where the balance of the account will below £25,000 withdrawals are subject to 30 days notice or 30 days interest penalty. | ||
| Withdrawal Notice (days): | No notice required for withdrawals if the balance remains £25,000 or more. Where the balance of the account will below £25,000 withdrawals are subject to 30 days notice or 30 days interest penalty. | ||
| Withdrawal Penalty: | Withdrawals subject to 30 days notice or 30 days interest penalty. | ||
| Withdrawal Charge: | No charge is made for withdrawals | ||
| W/d Notice/Penalty/Charge: | No notice required for withdrawals if the balance remains £25,000 or more. Where the balance of the account will below £25,000 withdrawals are subject to 30 days notice or 30 days interest penalty. | ||
| Compare | |||
| Products: | www.theloughborough.co.uk Savings | ||
