Key Features 

• Open your account with as little as £20
• Set your monthly savings at a level that suits you (min. £20, max. £500)
• Open and operate your account online
• Monthly savings made easy using monthly direct debit from your bank account or monthly transfer from your existing National Counties account.  Withdrawals can be paid directly to your bank account
• Miss one monthly payment each year without affecting your interest
• Interest will be calculated on a daily basis. For example "If you save £100 each month and the interest rate remained at the same rate, for this purpose 1.50% Gross, at the end of twelve months you will receive £9.74 interest (gross)."
• Two no notice, no penalty withdrawals allowed in any 12 month period

*aer stands for Annual Equivalent Rate and illustrates what the annual rate would be if interest was compounded.
*Interest will be paid or credited after deduction of income tax at the lower rate of 20% or, subject to the required certification, gross.