Darlington Building Society Loyalty Bonus Account
|Branch access||Online account||Minimum saving amount||Maximum saving amount||Interest paid|
Whether you can operate the account through a bank branch.
Whether the account can be managed online.
The minimum amount you have to keep in the account.
The maximum amount you can keep in the account.
How often interest is paid.
Darlington Building Society customer satisfaction scorecard:How do we work this out?
|Clarity of statement||Interest rate information||Regular contact||Customer service||Overall customer score|
|Minimum saving amount||£1|
|Maximum saving amount||£100,000|
|Minimum initial deposit||£1|
|Restricted locations note||N/A|
|Existing customer note||Only available to members who have held another Darlington Building Society savings account or mortgage for at least three years|
|ISA transfers allowed||No|
|Minimum regular monthly deposit||N/A|
|Maximum regular monthly deposit||N/A|
|Withdrawals note||If you choose to make more than one withdrawal each year, you can give 30 days' notice to withdraw money from your account without losing interest, but you will lose your annual bonus. If you make an immediate withdrawal or do not give the full 30 days' notice, you will lose 30 days' interest on the amount you withdraw and your annual bonus.|
|Notice period||30 days|
|Account fee charged||N/A|
|Part of FSCS||Yes|
|FSCS note||The first £85,000 per person, per UK banking licence, is protected by the Financial Services Compensation Scheme (FSCS). Under the UK Scheme if you have also borrowed from the failed bank or building society, the compensation will not be reduced to repay your debt. Separate arrangements will be made for this. Some banks and building societies share the same banking licence. Where this is the case, your £85,000 protection is across all the companies sharing the licence, not each individual company.|
|Interest paid type||Paid Away or Compound|
|Introductory bonus note||N/A|
|Conditional bonus note||If you do not make more than one withdrawal from your account between 1 July one year and 30 June the next year, you will receive a bonus of 1% gross (0.80% net), in addition to the interest your investment has earned.|
|From (£)||To (£)||AER including bonus (%)||Bonus rate (%)||AER excluding bonus (%)||Interest type|