Northern Rock Rainy Day Saver
Date added: 12/11/2010< Back to Best Buys

General

Gross Interest Rate2.90% including bonus
Rate guaranteed to be no less than Bank of England Base Rate plus 0.25% until 31 December 2012
AER2.90% including bonus
Rate guaranteed to be no less than Bank of England Base Rate plus 0.25% until 31 December 2012

Opening

Method of opening accountPost
Minimum age of account holder16
Minimum deposit£5,000
Maximum deposit£2,000,000
Contact details for opening0845 600 7301
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
Interest fixed untilVariable
Details of any bonus rates1.50% for 12 months
Minimum ongoing balance£5,000
Compound interest or paid into separate accountBoth

Closing/Accessing funds

Withdrawals allowedYes
How withdrawals are madePost
Early access penaltiesYes
Notice required120 days