Mansfield Building Society Regular Savings (4th Issue)
|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.
Mansfield 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||£10|
|Maximum saving amount||£25,000|
|Minimum initial deposit||£10|
|Restricted locations note||Available to savers resident in Nottinghamshire, Derbyshire or South Yorkshire.|
|Existing customer note||Available to existing members who have a minimum of 1 year continuous membership.|
|ISA transfers allowed||No|
|Minimum regular monthly deposit||£10|
|Maximum regular monthly deposit||£250|
|Withdrawals note||Providing a minimum balance of £10 remains, 2 withdrawals per calendar year can be made without notice or loss of interest. Additional withdrawals are subject to the loss of 90 days interest on the amount withdrawn. Closure is subject to the loss of 90 days interest on the closing balance if 2 or more withdrawals have been made in the same year.|
|Notice period||0 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||A fixed bonus of 1% will be paid for the first 12 months from the date of opening|
|Conditional bonus note||N/A|
|From (£)||To (£)||AER including bonus (%)||Bonus rate (%)||AER excluding bonus (%)||Interest type|