Christmas Saver Account
| Summary Box - Key Product Information for our Savings Account | ||||
|---|---|---|---|---|
| Account Name | Christmas Saver Account | |||
| Interest rates (AERs) | Gross | Net | AER | |
| Annual income option | ||||
| £1+ | 0.10% | 0.08% | 0.10% | |
| £500+ | 0.10% | 0.08% | 0.10% | |
| £5,000+ | 0.10% | 0.08% | 0.10% | |
| £10,000+ | 0.10% | 0.08% | 0.10% | |
| £25,000+ | 0.25% | 0.20% | 0.25% | |
| Monthly income option | ||||
| £5,000+ | 0.10% | 0.08% | 0.10% | |
| £10,000+ | 0.10% | 0.08% | 0.10% | |
| £25,000+ | 0.25% | 0.20% | 0.25% | |
| Tax Status | Interest is paid net of income tax at the appropriate rate | |||
| Conditions for bonus payments | No bonus payment is payable | |||
| Withdrawal arrangements | There are no restrictions on withdrawals, subject to standard branch and agency withdrawal limits | |||
| Access | Via branch or post | |||
These rates apply from 26 August 2009.
Gross % rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
The 'net rate' is the rate of interest which would be payable after allowing for the deduction of income tax at the specified rate.
AER % rate stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Are you looking for an account where you can put some money aside for the festive season?
Are you looking for an account which allows you to save variable amounts, as and when you can afford it?
If you have answered 'Yes' to the above questions, Leek United's Christmas Saver Account is a great solution when it comes to budgeting for all the expense of the festive season.
Product features
- Instant access with no loss of interest
- Save from £1 up to £250,000 (please make cheques payable to yourself not Leek United)
- Interest paid annually or for balances over £5,000 monthly
- Variable interest
Terms and conditions relating specifically to this account must be read in conjunction with our Statment of Practice Investors leaflet, which details generic terms and conditions relating to all of our savings accounts.
Download an application form PDF - please complete both sides and return.
Please make cheques payable to yourself not Leek United
Details of the Financial Services Compensation Scheme can be found in the 'Other Information' section on the left of this page.
PDF documents will open in a new window. Most computers will open PDFs automatically, but you may need to download Adobe Acrobat Reader. Download the reader here.
