M&S Bank
Monthly Saver
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General

Gross Interest Rate5.00%

Note: Current account customers who have switched using the Current Account Switch Service and have two active Direct Debits
AERAs above

Opening

Method of opening accountInternet, Telephone, Branch, Post
Minimum age of account holder18
Minimum deposit£25
Maximum deposit£3,000
Contact details for opening0800 756 7777
Go to M&S Bank Website
M&S Finance, Savings & Investments, Freepost, PO Box 410, Chester, CH99 9ST

Ongoing

Frequency interest paidAnniversary
Interest fixed until12 months
Details of any bonus ratesN/A
Minimum ongoing balance£25
Compound interest or paid into separate accountApplied to account

Closing/Accessing funds

Withdrawals allowedYes
How withdrawals are madeTelephone, Branch, Post
Early access penaltiesN/A
Notice requiredN/A