Furness Building Society
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General

Gross Interest Rate2.00% - £10,000 - £250,00
1.20% - £500 - £9,999
This rate includes bonus of 1.00% Gross/AER which will be paid if no withdrawals are made in the calendar year
AERAs above

Opening

Method of opening accountPost
Minimum age of account holder18
Minimum deposit£10,000 for 2.00% but account can be opened with £500
Maximum deposit£250,000
Contact details for opening0800 834 312
Go to Furness Building Society Website
Contact local branch

Ongoing

Frequency interest paidAnnually
Interest fixed untilVariable
Details of any bonus rates1.00% per calendar year if no withdrawals made
Minimum ongoing balance£500
Compound interest or paid into separate accountApplied to account

Closing/Accessing funds

Withdrawals allowedYes
How withdrawals are madePost
Early access penaltiesYes see above
Notice requiredN/A