Penrith Building Society
Junior Affinity Regular Saver
< Back to Best Buys

General

Gross Interest Rate2.45%
AER2.45%

Opening

Method of opening accountBranch, Post
Minimum age of account holderMust be aged 16 or under and must be opened in trust for under 7's
Minimum deposit£5
Maximum deposit£6,000
Contact details for opening0176 886 3675
Go to Penrith Building Society Website
Penrith Building Society, 7 King Street, Penrith, Cumbria, CA11 7AR

Ongoing

Frequency interest paidAnnually
Interest fixed untilVariable - you can access your money after 5 years
Details of any bonus ratesN/A
Minimum ongoing balance£5
Compound interest or paid into separate accountApplied to account

Closing/Accessing funds

Withdrawals allowedYes - maximum 2 withdrawals per year
How withdrawals are madeBranch, Post
Early access penaltiesN/A
Notice requiredNo