Online Reward Exclusive
Date added: 02/12/2011< Back to Best Buys

General

Gross Interest Rate3.16% including bonus
AER3.16% including bonus

Opening

Method of opening accountInternet
Minimum age of account holder16
Minimum deposit£1
Maximum deposit£100,000
Contact details for opening0845 600 4466
Go to Northern Rock Website
Northern Rock plc, Savings Department, Northern Rock House, Gosforth, Newcastle upon Tyne, NE3 4PL

Ongoing

Frequency interest paidAnnually or monthly at a slightly reduced rate
Interest fixed untilVariable
Details of any bonus rates1.66% for 18 months
Minimum ongoing balance£1
Compound interest or paid into separate accountApplied to account

Closing/Accessing funds

Withdrawals allowedA maximum of 6 penalty free withdrawals are permitted per year, including any closure
How withdrawals are madeInternet
Early access penaltiesYes if more than 6 withdrawals in a year
Notice requiredNo