Platinum Monthly Saver - Issue 3
Our Platinum Monthly Saver helps grow your savings with monthly deposits, offering the flexibility of one withdrawal if you need it.
Key features
- A competitive interest rate for a fixed term until 31 May 2013.
- Save between £100 and £500 per month.
- Make one withdrawal and miss one monthly deposit during the fixed term without loss of interest.
- A rate of 1.00% gross p.a./AER (variable) will apply if more than one monthly deposit is missed or more than one withdrawal made during the fixed term.
Platinum Monthly Saver - Issue 3 Interest rates
| Interest rate payable if no more than one withdrawal is made and no more than one deposit has been missed before the end of the fixed term |
| Balance |
AER % |
Gross p.a.% |
Net p.a.% |
| £100+ |
5.00% |
5.00% |
4.00% |
| Interest rate payable when more than one withdrawal has been made or more than one deposit has been missed before the end of the fixed term |
| Balance |
AER % |
Gross p.a.% |
Net p.a.% |
| £100+ |
1.00% |
1.00% |
0.80% |
- Variable interest rate
- Minimum opening and monthly deposit £100, maximum opening and monthly deposit £500
- One account per customer
- Maximum number of joint account holders 3, minimum age 16
- The account can only be opened and operated in a Cheshire branch.
- This product is a limited issue and may be withdrawn without notice
How to apply
Visit your nearest branch
For example, if you saved £500 a month for 14 months from 06.04.2012 for the fixed term without making any withdrawals, you earn £213.80 gross interest by the fixed end date based on the current variable rate of 5.00% gross p.a./AER.