The Regular Saver 200 is a two year fixed term, monthly subscription account for individuals who wish to establish a regular savings habit and are looking for a good rate of return on their investment. One Regular Saver 200 account is allowed per individual and you must be over the age of 16 and resident in the UK. This account is only available to open in person in branch.
The monthly subscription can be any amount up to the maximum of £200, if however a monthly subscription is missed this cannot be caught up in subsequent months. On maturity, if your Regular Saver 200 account has not been closed, the funds including interest will be transferred to an Instant Access Shares.
A two year fixed term, regular savings account with a variable interest rate
Regular monthly savings from £1 up to £200 per month
You are able to make up to two withdrawals per year (January-December)
Interest is added to the account annually on 31st December and on maturity