Birmingham Midshire 3 Year Fixed Rate Savings Account
Date added: 12/10/2010< Back to Best Buys

General

Gross Interest Rate4.00%
AER4.00%

Opening

Method of opening accountInternet
Minimum age of account holder18
Minimum deposit£1
Maximum deposit£10,000,000
Contact details for opening0845 602 2828
Go to Birmingham Midshires Website
BM Savings Team, Birmingham Midshires Corporate Centre, PO Box 81, Pendeford Business Park, Wobaston Road, Wolverhampton WV9 5HZ

Ongoing

Frequency interest paidAnnually, a monthly option is also available at a slightly reduced rate
Interest fixed until3 years
Details of any bonus ratesN/A
Minimum ongoing balance£1
Compound interest or paid into separate accountBoth

Closing/Accessing funds

Withdrawals allowedYes
How withdrawals are madeInternet
Early access penaltiesYes - Withdrawals and closure permitted subject to 90 days loss of interest on amount withdrawn in year 3, 180 days in year 2, and 270 days in year 1.
Notice requiredN/A