Penrith Building Society Beacon Share

Compare the Penrith Building Society Beacon Share with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.insurance savings investing
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Company:Penrith Building Society
www.penrithbuildingsociety.co.uk
Penrith Building Society
Product:Beacon Share
 
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 3.50% AER.
Application Criteria 
Existing Customer Only:No
Minimum Age:There is no minimum age.
Restricted Availability:This account is only available to existing members and investors living within the Society's branch operational area.
Area Restrictions:Restricted to investors living in the Society's branch operational area.
Minimum Investment:The minimum investment is £1000.
Maximum Investment:The maximum investment is £100000.
Minimum Balance:The minimum balance is £1000.
Open to UK Residents:This product is available to UK residents.
Introductory Rates 
Introductory Bonus:No introductory bonus payable.
Incentives Offered:No incentives offered.
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  
£1,000  2.55%   2.55%   2.55%
£10,000  2.95%   2.95%   2.95%
£25,000  3.25%   3.25%   3.25%
£65,000  3.50%   3.50%   3.50%
Interest Payment Freq:Interest is paid annually on 31st December.
Managing Account 
Passbook:A passbook is issued when this account is opened
Transactions at Branch:Transactions can be made at a branch
Statement Frequency:Statements are issued annually on 31st December.
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:Wdls and closure are subject to 90 days notice,or an interest penalty of 90 days will be applied. Instant access if £10,000 in the account.
Withdrawal Conditions:
Withdrawal Conditions -
Withdrawals and closure are subject to 90 days notice, if notice is not given an interest penalty of 90 days will be applied.

Penalty-Free Withdrawals
Instant access to funds is permitted without penalty if £10,000 remains in the account.
Fees & Charges 
Withdrawal Notice:Withdrawals are subject to 90 days' notice.
Withdrawal Notice (days):Withdrawals are subject to 90 days' notice.
Withdrawal Penalty:If notice is not given a penalty of 90 days is applied on withdrawal.
Withdrawal Charge:There is no withdrawal charge.
W/d Notice/Penalty/Charge:
Withdrawals and closure are subject to 90 days notice, if notice is not given an interest penalty of 90 days will be applied.

Instant access to funds is permitted without penalty if £10,000 remains in the account.
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Products:www.penrithbuildingsociety.co.uk Savings
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