Northern Rock Rainy Day Saver
Date added: 12/11/2010 < Back to Best Buys
General
Gross Interest Rate 2.90% including bonus
Rate guaranteed to be no less than Bank of England Base Rate plus 0.25% until 31 December 2012
AER 2.90% 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 account Post
Minimum age of account holder 16
Minimum deposit £5,000
Maximum deposit £2,000,000
Contact details for opening 0845 600 7301
Go to Northern Rock Website
Northern Rock plc, Savings Department, Northern Rock House, Gosforth, Newcastle upon Tyne, NE3 4PL
Ongoing
Frequency interest paid Annually or monthly
Interest fixed until Variable
Details of any bonus rates 1.50% for 12 months
Minimum ongoing balance £5,000
Compound interest or paid into separate account Both
Closing/Accessing funds
Withdrawals allowed Yes
How withdrawals are made Post
Early access penalties Yes
Notice required 120 days