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The Melton Mowbray Building Society Homesave Account

The Melton Mowbray Building Society  Homesave 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.
Yes No £100 £20,000 Monthly

The Melton Mowbray Building Society customer satisfaction scorecard:

How do we work this out?
Clarity of statement Interest rate information Regular contact Customer service Overall customer score
n/a n/a n/a n/a

Not rated

n/a = sample size is too small.

We have not been able to rate this provider as our customer satisfaction survey didn't generate a big enough sample of its customers but we aim to rate as many providers as possible

Eligibility

Minimum age 16
Maximum age N/A
Minimum saving amount £100
Maximum saving amount £20,000
Minimum initial deposit £100
Restricted locations note This account is only for UK resident individuals aged 16 and over living in Leicestershire, Nottinghamshire, Lincolnshire or Rutland or to customers who have been members with the Society for 5 years or more.
Existing customer note N/A

Account details

Account type Regular
Immediate access No
ISA transfers allowed No
Minimum regular monthly deposit £100
Maximum regular monthly deposit N/A
Withdrawals note You will need to give 30 days' notice. This will be waived if the amount being withdrawn is to be used for all or part of a deposit to purchase a property with a Melton mortgage. If you are unable to give 30 days' notice for a withdrawal you can still access your funds but will lose 30 days' interest on the amount withdrawn.
Notice period 30 days
Fixed term N/A
Account fee £0
Account fee charged N/A
Part of FSCS Yes
FSCS note The first £75,000 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 £75,000 protection is across all the companies sharing the licence, not each individual company.
Rate guaranteed N/A

Interest rates

Interest paid Monthly
Interest paid type Paid Away or Compound
Bonus type N/A
Introductory bonus note N/A
Conditional bonus note N/A
From (£) To (£) AER including bonus (%) Bonus rate (%) AER excluding bonus (%) Interest type
£100 £20,000 1.26% 0.0% 1.26% Variable