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Vernon Building Society Regular Saver ISA

Vernon Building Society Regular Saver ISA
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 Yes £1 N/A Yearly

Vernon 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 £1
Maximum saving amount N/A
Minimum initial deposit £25
Restricted locations note Only available to investors that live within a 25 mile radius of Stockport.
Existing customer note N/A

Account details

Account type ISA Regular
Immediate access Yes
ISA transfers allowed No
Minimum regular monthly deposit £25
Maximum regular monthly deposit £500
Withdrawals note 2 withdrawals are allowed during each period (1st April to 31st March) without notice or penalty. Any further withdrawals will mean that the annual 1.50% interest rate bonus will not be payable on 31st March.
Notice period 0 days
Fixed term N/A
Account fee £0
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.
Rate guaranteed N/A

Interest rates

Interest paid Yearly
Interest paid type Paid Away or Compound
Bonus type Conditional
Introductory bonus note N/A
Conditional bonus note A 1.00% interest rate bonus will be paid providing the terms and conditions of the account are met and no more than 2 withdrawals have been made and no more than 1 monthly payment has been missed during the period (1st April to 31st March or from the date of opening this account to 31st March)
From (£) To (£) AER including bonus (%) Bonus rate (%) AER excluding bonus (%) Interest type
£1 £25,000 1.5% 1.0% 0.5% Variable
£25,001 N/A 1.0% 0.0% 1.0% Variable