Manchester Building Society
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General

Gross Interest Rate2.50%
Rate includes variable bonus (currently 0.75%) for 5 months
The interest will be 1.25% above the Bank of England Base Rate
AER2.06%

Opening

Method of opening accountPost
Minimum age of account holderN/A
Minimum deposit£10,000
Maximum deposit£250,000
Contact details for opening0161 923 8000
Go to Manchester Building Society Website
FREEPOST RRTG-EGGX-TKYT, Manchester Building Society, 125 Portland Street, Manchester, M1 4QD

Ongoing

Frequency interest paidAnnually on 31st July
Interest fixed untilVariable
Details of any bonus ratesVariable bonus (currently 0.75%) for 5 months
Minimum ongoing balance£10,000 if the balance falls below £10,000 0.05% interest will be paid
Compound interest or paid into separate accountApplied to account

Closing/Accessing funds

Withdrawals allowedYes up to 12 withdrawals per calendar year
How withdrawals are madeBranch, Post
Early access penaltiesYes
Notice required35 days