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Monmouthshire Building Society Saver Plus - Issue 3

Monmouthshire Building Society Saver Plus - Issue 3
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 £20 N/A Yearly

Monmouthshire 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


Minimum age N/A
Maximum age N/A
Minimum saving amount £20
Maximum saving amount N/A
Minimum initial deposit £20
Restricted locations note This account can only be opened by new customers who live within the following postcode areas: NP, CF, SA, LD, WR, GL, HR, BS, BA, SN, RG, OX, SY and TA. Existing Society customers may open this account.
Existing customer note N/A

Account details

Account type Regular
Immediate access Yes
ISA transfers allowed No
Minimum regular monthly deposit £20
Maximum regular monthly deposit £1,000
Withdrawals note Up to three withdrawals are allowed during each year (ending 31 March), but more than three withdrawals will result in closure of the account.
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 You will qualify for a bonus (fixed at 1.00% AER/Gross per annum) at the year-end (31 March) provided your account remains open, a payment has been received in each calendar month and you have made no more than one withdrawal.
From (£) To (£) AER including bonus (%) Bonus rate (%) AER excluding bonus (%) Interest type
£20 N/A 1.3% 1.0% 0.3% Variable