Manchester Building Society Regular Saver ISA
Date added: 08/04/2011< Back to Best Buys

General

Gross Interest Rate4.00% including bonus - see conditions below
A deposit of between £100 and £445 must be paid into your account by bank transfer each month
AER4.00% including bonus - see conditions below

Opening

Method of opening accountBranch, Post
Minimum age of account holder18
Minimum deposit£100
Maximum deposit£5,340 tax year 2011-2012, but unlimited ongoing balance
Contact details for opening0161 923 8065
Go to Manchester Building Society Website
Manchester Building Society, Savings, PO Box 4256, Manchester, M60 3AX

Ongoing

Frequency interest paidAnnually on 31st March
Interest fixed untilVariable
Details of any bonus rates
The rate of 4.00% includes a bonus of 3.50% payable provided a minimum of 11 monthly payments, maximum 12 monthly payments, of between £100 and £445 have been made by bank transfer, and no more than one withdrawal in account year. The account year runs from when the account is opened until 31st March and annually thereafter
Minimum ongoing balance£100
Compound interest or paid into separate accountApplied to account

Closing/Accessing funds

Withdrawals allowedWithdrawals and closure requests must be made in writing to head office and will be by cheque payable to the account holder.
No more than one withdrawal can be made in each account year. If further withdrawals are made or the account is closed, you will not receive the bonus for that account year.

How withdrawals are madePost
Early access penaltiesNo
Notice requiredWithdrawals requests must be made in writing to head office