Closed issue - Investment Plus Account
Overview
Available only to those who had invested in Investment Plus which consisted of the Investment Plus Account and the Classic Investment Bond.
Key features:
- Can be operated on the Internet
- The interest rate that we pay on this account may go up and down from time to time
- Easy access to your savings without notice or loss of interest on the amount withdrawn
- Minimum investment in the Investment Plus Account £1,000 1
- Interest on the Investment Plus account will be paid to the account on each anniversary of the account being opened
- Investment Plus Account is a share account, for personal customers only.
1. The minimum gross rate of interest paid on this account whilst the balance is at or above the minimum balance is 3% below Bank Base Rate. (Bank Base Rate means the rate currently referred to as the Bank of England UK Repo Rate as varied from time to time or, in event of this rate not being available, the average of the variable base lending rates of the four largest clearing banks in the London market from time to time.) If a withdrawal takes the balance of your account below the minimum balance, subsequent withdrawals can be made without notice or loss of interest until the minimum balance is restored. If the Society varies the rate(s) payable due to a change in Bank Base Rate, the Society will make variation(s) within 30 days of the change.