Summary Box - Key Product Information for our Savings Account(s)
Account Name - Promise ISA Issue 6
Tax-free^ p.a. (variable)
|Annual Interest||£500 plus||0.75%||0.75%
|Monthly Interest||£500 plus||0.75%||0.75%
|Annual Interest||£500 plus||1.25%||1.25%
|Monthly Interest||£500 plus||1.25%||1.25%
Conditions for bonus payments
Conditional bonus of 0.50% p.a. paid on 6 April in addition to the 0.75% AER† core rate provided that no more than 2 withdrawals (closure will count as a withdrawal) are made per tax year.
Withdrawals from or closure of your Account is permitted subject to 30 days' prior written notice or loss of 30 days' interest on the amount you withdraw, if you do not give 30 days' prior written notice.
Apply in branch. Once opened can be operated in branch or by post.
Service Charges and Cost Related Charges may apply to your account, these are outlined in our “Tariff of Charges” leaflet, which is available online and in branch.
Variable account rates could increase or decrease. Customers will be given personal notification of any material reduction in interest rates a reasonable time before the change takes effect or, if the Account is a payment services account, 60 days before the change takes effect. To understand why rates may be reduced please refer to page 12 of the Savings Terms and Conditions.
In certain circumstances we may refuse an instruction to operate an account. These circumstances are outlined on page 5 of the Savings Terms and Conditions.