Northern Rock Select 120

Compare the Northern Rock Select 120 with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.utilities unsecured banking
Northern Rock This Product Is No Longer Available

Northern Rock no longer offer the "Select 120".

You can find an alternative savings by selecting one of the following options;

For comparison, here are the details of the Northern Rock Select 120 before it was withdrawn:

Savings Details 
Account Type:Notice
Rate Type:The type of interest rate is variable.
Headline Interest Rate:The headline interest rate is 5.01% AER.
Application Criteria 
Existing Customer Only:No
Minimum Age:The minimum age is 14 years.
Area Restrictions:There are no area restrictions that apply to this account.
Minimum Investment:
The minimum investment to open this account is £500.
The initial deposit can be made by cheque, BACS, CHAPS or by transfer from another Northern Rock account

A minimum balance of £1 must be maintained in this account.
Maximum Investment:The maximum investment is £2000000.
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 0.75% is payable.

  Gross Rate   Gross Rate   AER
  Excluding Bonus Including Bonus
£500   4.16%    4.91%   5.01%
Incentives Offered:There is an introductory bonus of 0.75% payable for the first 6 months.
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 6 months.
Rate Tiers:
  Gross Rate   Gross Rate   AER
  Excluding Bonus Including Bonus
£500   4.16%    4.91%   4.16%
Interest Payment Freq:Interest is paid monthly.
Managing Account 
Passbook:A passbook is not issued 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.

Lines are open from 8.00am to 8.00pm Monday to Friday and 8.00am to 4.00pm Saturday
Transactions by Internet:Transactions cannot be made via internet.
Transactions by Post:Transactions can be made by post.
Special Access:Notice of 120 days for wdlsand closure. Earlier access is allowed subject to a charge equivalent to 120 days loss of interest on the amount wdn.
Withdrawal Conditions:
Withdrawal Conditions -
A notice period of 120 days is required for withdrawals. Earlier access is allowed subject to a charge equivalent to 120 days loss of interest on the amount withdrawn.

Closure terms are the same as withdrawal terms.
Fees & Charges 
Withdrawal Notice:A notice period of 120 days is required for withdrawals.
Withdrawal Notice (days):A notice period of 120 days is required for withdrawals.
Withdrawal Penalty:An interest penalty of 120 days is applied when the withdrawal is made, if notice is not given.
Withdrawal Charge:No charge is applied on withdrawals.
W/d Notice/Penalty/Charge:A notice period of 120 days is required for withdrawals, if the notice period is not given an interest penalty of 120 days is applied when the withdrawal is made.
RSS FeedSavings News
Iceland Updates on UK Savings Fight
7 Jan 09
Iceland Updates on UK Savings Fight
Research Tracks Fall in Annuity Rates
7 Jan 09
Research Tracks Fall in Annuity Rates
HBOS Trustee Asks for Pensions Answers
6 Jan 09
HBOS Trustee Asks for Pensions Answers
more news
Comparison Tables
RSS FeedLatest Headlines
Darling Warns of 'Long' Recession
7 Jan 09
Darling Warns of 'Long' Recession
Mortgage Measures 'Will Only Help Small Percentage of Households'
7 Jan 09
Mortgage Measures 'Will Only Help Small Percentage of Households'
Iceland Updates on UK Savings Fight
7 Jan 09
Iceland Updates on UK Savings Fight
Flybe Provides Travel Insurance Redundancy Cover
7 Jan 09
Flybe Provides Travel Insurance Redundancy Cover
The Year's Oddest Home Insurance Claims
7 Jan 09
The Year's Oddest Home Insurance Claims
more news
Free Services Money Saving Newsletter
The best money saving deals, freebies, rate alerts and advice emailed to you every week.
Enter your email:
Find Companies Savings Guide RSS Feeds - Subscribe!
RSSLatest 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 2002-2009. All rights reserved.
Home | Login | Sign Up