5.00

5.00

This is a two-year fixed term, monthly subscription account.

For further details please see section 7 of the Terms and Conditions for Savings Accounts.

This projection is provided for illustrative purposes only. It is based on the maximum monthly subscription of £200 being made for the full term of 2 years, that no withdrawals are made, and interest being added to the account. The projected balance is based on the annual interest rate.

• This account is available to UK residents and can be opened in branch only. To open an account simply call into Penrith Building Society with identification and complete the relevant application form. Details of identification requirements can be obtained from our branch or on our website.
• Minimum investment £1.
• The maximum monthly subscription is £200 for 24 months, the monthly subscription can be any amount up to the maximum. You are not required to make monthly subscriptions however, if a monthly subscription is missed this cannot be caught up in subsequent months.
• A month means a calendar month, beginning on the first day of that calendar month and ending on    the last day of that calendar month.
• This is a two-year fixed term monthly subscription account.
• The Society’s total limit on combined savings should not exceed £250,000.
• This account in limited to one account per individual customer (joint accounts are not permitted).
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post.
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number).
• You will receive an annual statement to help keep track of your savings. You will not receive a passbook for this account.
• Payments into your account can only be made in £ sterling.

• A maximum of two withdrawals per calendar year (January to December) only are permitted. Withdrawals can be made on demand during our normal business hours subject to our withdrawal limits and leaving the minimum balance of £1. The account cannot be closed prior to maturity other than in the event of death.
  On maturity, if no maturity instructions have been received, the maturing funds, including compounded interest will be transferred to an Instant Access Account.

You can withdraw money in the following ways:

• In person at our branch
• By written postal request

• Tax treatment depends on individual circumstances and may be subject to change in the future.

Up to £999.99

£1,000 to £4,999

Over £5,000

2.25

2.50

2.80

2.25

2.50

2.80

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• This account is available to UK residents and can be opened in branch or by post, to open an account simply call into Penrith Building Society with identification and complete the relevant application form. Alternatively an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website
• Minimum investment £1
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• In person at our branch
• By written postal request

3.20

3.20

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• This account is available to UK residents and can be opened in branch or by post, to open an account simply call into Penrith Building Society with identification and complete the relevant application form. Alternatively an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website
• Minimum investment £1
• Maximum investment £20,000
• Only one account per customer held individually or jointly
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• In person at our branch
• By written postal request

• Tax treatment depends on individual circumstances and may be subject to change in the future.
• By opening an Eden Valley Hospice & Jigsaw, Cumbria’s Children’s Hospice Affinity Account with Penrith Building Society, you can help them to continue to provide specialist care and support to local people who have life limiting conditions, without it costing you a penny. Penrith Building Society will make a cash payment each year to Eden Valley Hospice and Jigsaw, Cumbria’s Children’s Hospice equal to 0.50% gross interest on the average total balance held in all Eden Valley Hospice & Jigsaw, Cumbria’s Children’s Hospice Affinity Accounts.

3.95

3.95

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• • This account can be opened in branch or by post, to open an account simply call into Penrith Building Society with your national insurance number and identification and complete the relevant application form. Alternatively, an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website
  • This account is available to UK residents who live in Cumbria
  • You must be over the age of 18 with a valid National Insurance number
  • Minimum investment £100
  • The maximum annual subscription limit in the tax year 2024/25 is £20,000
  • The maximum balance of the ISA issue 3 is £100,000

• Full and partial transfers into the ISA Issue 3 are permitted at this time
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

If at any time the balance on your Cash ISA drops below £100 the account will be automatically closed 28 days from the date of the withdrawal which brought the balance below £100, unless instructions are received to transfer the remaining funds to another ISA Manager.

Withdrawals can be made on demand during our normal business hours subject to our withdrawal limits and leaving the minimum balance of £100. You must produce your passbook at the time of withdrawal. You can withdraw money in the following ways:

• In person at our branch
• By written postal request

For further information please refer to Conditions 9 and 10 of the Terms & Conditions for Investment Accounts.

4.36

4.36

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• • This account can be opened in branch or by post.
  • To open an account simply call into Penrith Building Society with your national insurance number and identification and complete the relevant application form. Alternatively, an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website.
  • You must be over the age of 18 with a valid National Insurance number.
  • Minimum investment £100
  • The maximum annual subscription limit in the tax year 2024/25 is £20,000

• Full and partial transfers into the 90 Day Notice ISA are permitted at this time.
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• • You can withdraw any available funds subject to serving 90 days’ notice. Transfers out can either be in full or partial and will be subject to 90 days’ interest penalty if notice period is not served. Transfers will be processed as per the ISA guidance.
  • Please note that the 90 Day Notice ISA is not a flexible ISA, withdrawing money from your 90 Day Notice ISA account doesn’t reset your tax-free ISA allowance. If you save up to your entire ISA allowance then withdraw some money, you can’t put anything else back into your ISA in that tax year.
  • If at any time the balance on your 90 Day Notice ISA drops below £100 the account will be automatically closed 28 days from the date of the withdrawal which brought the balance below £100, unless instructions are received to transfer the remaining funds to another ISA Manager.
  • Withdrawals can be made on demand during our normal business hours subject to our withdrawal limits and leaving the minimum balance of £100. You must produce your passbook at the time of withdrawal. You can withdraw money in the following ways:

• • • In person at our branch

• • • By written postal request

• For further information please refer to Conditions 9 and 10 of the Terms & Conditions for Investment Accounts.

3.90

3.90

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• This account is available to UK residents who are over 16 and can be opened in branch or by post, to open an account simply call into Penrith Building Society with identification and complete the relevant application form. Alternatively, an application pack can be downloaded from our website orposted to you. Details of identification requirements can be obtained from our branch or on our website
• Minimum investment £500
• Maximum Investment £100,000 – once the maximum amount has been invested no further credits to the account will be allowed and all further interest accrued will need to be withdrawn from the account to ensure the maximum balance is not exceeded
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• In person at our branch
• By written postal request

4.10

4.10

• Rates are variable. This means we may increase or decrease the rates at any time. When we increase the rates, we will tell you about it by placing notices in our Principal Office, on our website or in the local press within three working days of the change or within 30 days of the change, by letter or other personal notice.Where the change is a reduction in the interest rate, we will give you writtennotification of the change before it comes into effect.This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any
  interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• This account is available to UK residents who are over 16 and can be opened in branch or by post, to open an account simply call into Penrith Building Society with identification and complete the relevant application form.
  Alternatively, an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website.
• Minimum investment £500
• Maximum investment £100,000 – once the maximum amount has been invested no further credits to the account will be allowed and all further interest accrued will need to be withdrawn from the account to ensure the maximum balance is not exceeded
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post.
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account
  holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• In person at our branch
• By written postal request

4.16

4.16

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• • This account can be opened in branch or by post.
  • To open an account simply call into Penrith Building Society with your national insurance number and identification and complete the relevant application form. Alternatively, an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website.
  • This account is available to UK residents
  • You must be over the age of 18 with a valid National Insurance number.
  • Minimum investment £100
  • The maximum annual subscription limit in the tax year 2024/25 is £20,000

• Full and partial transfers into the Limited Access ISA are permitted at this time.
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

Transfers can either be in full or partial, please note that partial transfers do count towards the 4 withdrawals per year limit and that the Limited Access ISA is not a flexible ISA, withdrawing money from your Cash ISA account doesn’t reset your tax-free ISA allowance. If you save up to your entire ISA allowance then withdraw some money, you can’t put anything else back into your ISA in that tax year.

If at any time the balance on your Limited Access ISA drops below £100 the account will be automatically closed 28 days from the date of the withdrawal which brought the balance below £100, unless instructions are received to transfer the remaining funds to another ISA Manager.

Withdrawals can be made on demand during our normal business hours subject to our withdrawal limits and leaving the minimum balance of £100. You must produce your passbook at the time of withdrawal. You can withdraw money in the following ways:

• In person at our branch
• By written postal request

For further information please refer to Conditions 9 and 10 of the Terms & Conditions for Investment Accounts.

• Interest is paid annually on 31st December and on maturity and will be added to the account balance
• On the birthday of the young person a bonus equivalent to an additional 1.25% will be credited to the account. The bonus will be calculated on a daily basis from the date the account was opened or the young person’s last birthday, whichever is the later date. The bonus will be guaranteed for the life of the account.

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only, it does not include the bonus. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

This projection is provided for illustrative purposes only. It is based on the assumption that the child’s birthday is 6 months after the account is opened, that no further deposits or withdrawals are made and interest being added to the account. The projected balance is based on the annual interest rate.

• This account is available to UK residents aged 0-18 years old and can be opened in branch or by post. To open an account simply call into Penrith Building Society with the child’s and any trustee’s identification and complete the relevant application form. Alternatively an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website
• If the applicant is under 7 years of age we will ask for the application form signed by and additional identification documents from a parent, guardian or trustee
• Only one account can be opened for each young person
• Minimum investment £1
• Maximum investment £10,000
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• • In person at our branch
  • By written postal request

Where the account is held by a trustee for the young person:

• • if the account is closed before the young person’s 18th birthday the closing
    cheque must be made payable to the young person.

• Prior to the young person’s 18th birthday we will contact the trustee for
  maturity instructions. If funds are to be withdrawn from the Society all
  cheques will only be made payable in the young person’s name. If funds are
  to be transferred within the Society the receiving account must be in the
  young person’s name.

3.85

3.85

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• This account can be opened in branch or by post, to open an account simply call into Penrith Building Society with identification and complete the relevant application form. Alternatively, an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website
• An application can only be made by a person age 16 or over. Where the child is 16 or over, either the child or a person with parental responsibility can apply to open the account. Where the child is under 16 only a person with parental responsibility can apply to open the account
• Minimum investment £1
• The maximum allowance for the tax year 2024/25 is £9,000
• One account per child
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• Where a terminal illness claim made on behalf of the child has been agreed;
• On the death of the child

4.70

4.70

• Interest is paid annually on 31st December and on maturity and will be added to the account balance
• This is a five year fixed term, variable rate, monthly subscription account

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on the maximum monthly subscription of £100 being made for the full term of 5 years, that no withdrawals are made and interest being added to the account. The projected balance is based on the annual interest rate.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate of the Instant Access Shares.

• This account is available to UK residents age 0-16 and can be opened in branch or by post, to open an account simply call into Penrith Building Society with identification and complete the relevant application form. Alternatively an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website
• If the applicant is under 7 years of age we will ask for the application form to be signed by a parent, guardian or trustee (one trustee per account permitted)
• Minimum investment £5
• The monthly subscription is any amount between £5 to £100 for 60 months, the monthly subscription can be any amount from £5 up to the maximum. You are not required to make monthly subscriptions however, if a monthly subscription is missed this cannot be caught up in subsequent months
• 5 year fixed term savings
• One account per child
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• In person at our branch
• By written postal request

• Tax treatment depends on individual circumstances and may be subject to change in the future.
• By opening a Junior Affinity Regular Saver which supports Greener Every Day (GED) with Penrith Building Society, you can be a part of this worthwhile initiative without it costing you a penny. Penrith Building Society will make a cash payment each year to GED equal to 0.50% gross interest on the average total balance held in all Junior Affinity Regular Saver Accounts that support GED. This means the more supporters who save in the scheme, the bigger the cash payment will be to GED.

3.80

3.80

• Interest is paid annually on 31st December and will be added to the account balance
• After saving for a minimum of 6 months and providing you choose and are eligible to complete your mortgage with Penrith Building Society, we will pay a bonus of 1% on your final savings balance when the account is closed

Where the change is a reduction in the interest rate we will give you written notification
of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made, interest being added to the account and does not include the bonus. The projected balance is based on the annual interest rate.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made, interest being added to the account and includes the bonus assuming the bonus conditions are met. The projected balance is based on the annual interest rate.

• This account is available to UK residents and can be opened in branch or by post, to open an account simply call into Penrith Building Society with identification and complete the relevant application form. Alternatively an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website
• Minimum investment £1
• Maximum investment £20,000
• Accounts are limited to one per person held individually
• The account is not available to re-mortgage customers
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• In person at our branch
• By written postal request

Bonus Payment
If you make a mortgage application to Penrith Building Society which is then approved and, when you close your account and complete your mortgage, the bonus payment of 1% of your final savings balance will be sent to you. The bonus will be calculated on your final savings balance on the day the account is closed and the maximum bonus payment is £200.

3.25

3.25

When we increase the rates, we will tell you about it by placing notices in our Principal Office, on our website or in the local press within three working days of thechange or within 30 days of the change, by letter or other personal notice.

Where the change is a reduction in the interest rate, we will give you written notification of the change before it comes into effect.

This does not apply to:
• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate, notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice
applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• To open an account simply contact the branch to make an appointment or download the application form from our website. Identification of all signatories will be required together with documentation about your business (listed at the end of this form). Details of personal identification requirements are contained in the application process or can be obtained from our website. The account must be linked to a Nominated Bank Account which will be used for all transfers – details and verification of the Nominated Bank Account will be required at account opening.• Minimum investment £1,000.
  • Maximum investment £100,000.
  • This account is a 7-day notice account.
  • This account is available to sole traders, SMEs, Charities and Clubs based in
  Cumbria and must be operated online.
  • The Society’s total limit on business savings is £150,000 per organisation.
  • You can make payments into your account at any time by bank transfer from the Nominated Bank Account only.
  • Payments into your account can only be made in £ sterling.
  • Statements will be provided to the registered contact email address at the
  beginning of each calendar month detailing the transactions carried out in the
  previous month.
  • Accounts must be funded with at least the minimum deposit from the
  Nominated Bank Account within 7 days of the account opening confirmation
  being received.
  • If you would like to talk to us about your account, you can
  o speak to a member of staff at our branch office at 7 King Street, Penrith,
  Cumbria, CA11 7AR
  o Call one of our team 01768 863675
• o Visit our website www.penrithbs.co.uk

• Logging onto the @PBS portal and requesting this via the secure messaging
system
• By visiting us in branch

Where the account has been set up so that two signatories need to authorise a withdrawal, we will need a second signatory to authorise the transaction. This can be done through a second secure message or through the branch within 3 days of the original request otherwise the notice will be cancelled.

Charges

Additional services are subject to the following charges;

The provision of a duplicate monthly statement £15 per request.
The provision of audit/accountant’s information £15 per request

3.25

3.25

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• Visit our website www.penrithbs.co.uk

•Logging onto the @PBS portal and requesting this via the secure messaging system
• By visiting us in branch.

Where the account has been set up so that two signatories need to authorise a withdrawal, we will need a second signatory to authorise the transaction. This can be done through a second secure message or through the branch within 3 days of the original request otherwise the notice will be cancelled.

Additional services are subject to the following charges;

The provision of a duplicate monthly statement £15 per request.
The provision of audit/accountant’s information £15 per request.

Up to £999.99

£1,000 to £20,000

Over £20,000

1.30

1.35

1.75

1.30

1.35

1.75

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on the minimum balance of £100, no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• To open an account simply call into Penrith Building Society with identification of all signatories together with a Certificate of Incorporation or Certificate to Trade and an account opening mandate and complete the relevant application forms. Alternatively an application pack can be posted to you (Cumbria based applicants only). Details of identification requirements can be obtained from our branch or on our website
• Minimum investment £100
• Maximum investment £150,000
• This account is available to UK corporate bodies, solicitors client accounts and trust and trustee accounts, (with the exception of discretionary trusts) based in Cumbria and can be opened in branch or by post
• Copies of documents must be *certified
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• In person at our branch
• By written postal request

1.95

1.95

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• This account is available to UK un-incorporated bodies, charities and clubs based in Cumbria and can be opened in branch or by post
• To open an account simply call into Penrith Building Society with identification of all signatories together with the Registered Charity Number and an account opening mandate and complete the relevant application forms. Alternatively an application pack can be posted to you. Details of identification requirements can be obtained from our branch or on our website
• Minimum investment £25
• Maximum investment £150,000
• The Society’s total limit on combined savings should not exceed £250,000
• Copies of documents must be *certified
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• In person at our branch
• By written postal request

3.20

3.20

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• This account is available to UK residents and can be opened in branch or by post, to open an account simply call into Penrith Building Society with identification and complete the relevant application form. Alternatively an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website
• Minimum investment £1
• Maximum investment £20,000
• Only one account per customer held individually or jointly
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• In person at our branch
• By written postal request

• Tax treatment depends on individual circumstances and may be subject to change in the future.
• By opening an Eden Valley Hospice & Jigsaw, Cumbria’s Children’s Hospice Affinity Account with Penrith Building Society, you can help them to continue to provide specialist care and support to local people who have life limiting conditions, without it costing you a penny. Penrith Building Society will make a cash payment each year to Eden Valley Hospice and Jigsaw, Cumbria’s Children’s Hospice equal to 0.50% gross interest on the average total balance held in all Eden Valley Hospice & Jigsaw, Cumbria’s Children’s Hospice Affinity Accounts.

3.20

3.20

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• This account is available to UK residents and can be opened in branch or by post, to open an account simply call into Penrith Building Society with identification and complete the relevant application form. Alternatively an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website
• Minimum investment £1
• Maximum investment £20,000
• Only one account per customer held individually or jointly
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• In person at our branch
• By written postal request

• Tax treatment depends on individual circumstances and may be subject to change in the future.
• By opening a Pride in Penrith Lottery (PIPL) Affinity Account with Penrith Building Society, you can be a part of this worthwhile initiative to make Penrith a great place to live and work without it costing you a penny. Penrith Building Society will make a cash payment each year to PIPL equal to 0.50% gross interest on the average total balance held in all PIPL Affinity Accounts. This means the more supporters who save in the scheme the bigger the cash payment will be to Pride in Penrith Lottery.

3.20

3.20

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• This account is available to UK residents and can be opened in branch or by post, to open an account simply call into Penrith Building Society with identification and complete the relevant application form. Alternatively an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website
• Minimum investment £1
• Maximum investment £20,000
• Only one account per customer held individually or jointly
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• In person at our branch
• By written postal request

• Tax treatment depends on individual circumstances and may be subject to change in the future.
• By opening a Pride in Penrith Lottery (PIPL) Affinity Account with Penrith Building Society, you can be a part of this worthwhile initiative to make Penrith a great place to live and work without it costing you a penny. Penrith Building Society will make a cash payment each year to PIPL equal to 0.50% gross interest on the average total balance held in all PIPL Affinity Accounts. This means the more supporters who save in the scheme the bigger the cash payment will be to Pride in Penrith Lottery.

4.70

4.70

• Interest is paid annually on 31st December and on maturity and will be added to the account balance
• This is a five year fixed term, variable rate, monthly subscription account

Where the change is a reduction in the interest rate we will give you written notification of the change before it comes into effect.

This does not apply to:

• interest rate tiers applicable to balances below the minimum operating balance for the account (provided we have clearly told you about the minimum balance requirements); or
• fixed rate accounts

If your account has a balance of £100 or more at the time the decision is taken to change the interest rate notification will be provided either:

• at least 14 days before the rate change. You will then have a period of 30 days from the date of notification during which you may close or switch your account without having to give any period of notice or having to lose any interest or pay additional charges; or
• the notification will be provided at least 14 days plus the period of notice applicable to the account (or 30 days if longer than the notice period) before the rate change. In this case the normal notice period for making withdrawals from or closing the account will apply.

If you do not notify us that you object to a change before the date on which it comes into effect, you will be deemed to have accepted it.

The information on our website will be updated within three working days of an interest rate change.

This projection is provided for illustrative purposes only. It is based on the maximum monthly subscription of £100 being made for the full term of 5 years, that no withdrawals are made and interest being added to the account. The projected balance is based on the annual interest rate.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate of the Instant Access Shares.

• This account is available to UK residents age 0-16 and can be opened in branch or by post, to open an account simply call into Penrith Building Society with identification and complete the relevant application form. Alternatively an application pack can be downloaded from our website or posted to you. Details of identification requirements can be obtained from our branch or on our website
• If the applicant is under 7 years of age we will ask for the application form to be signed by a parent, guardian or trustee (one trustee per account permitted)
• Minimum investment £5
• The monthly subscription is any amount between £5 to £100 for 60 months, the monthly subscription can be any amount from £5 up to the maximum. You are not required to make monthly subscriptions however, if a monthly subscription is missed this cannot be caught up in subsequent months
• 5 year fixed term savings
• One account per child
• The Society’s total limit on combined savings should not exceed £250,000
• You can make payments into your account at any time by cash or cheque at our office during our normal opening hours by bank transfer or by post
• Cheques made payable to the Society will only be accepted for payment into an account if they contain details (such as the name(s) of the account holder(s) or the account number)
• You will receive a passbook to help keep track of your savings
• Payments into your account can only be made in £ sterling
• If you would like to talk to us about your account you can
  • speak to a member of staff at our branch office at 7 King Street, Penrith, Cumbria. CA11 7AR
  • Call one of our team on 01768 863675
  • Visit our website www.penrithbs.co.uk

• In person at our branch
• By written postal request

• Tax treatment depends on individual circumstances and may be subject to change in the future.
• By opening a Junior Affinity Regular Saver which supports Penrith Red Squirrel Group (P&DRSG) with Penrith Building Society, you can be a part of this worthwhile initiative to help save the Red Squirrels without it costing you a penny. Penrith Building Society will make a cash payment each year to P&DRSG equal to 0.50% gross interest on the average total balance held in all Junior Affinity Regular Saver Accounts that support P&DRSG. This means the more supporters who save in the scheme, the bigger the cash payment will be to P&DRSG.

4.21

4.21

For further details please see section 7 of the Terms and Conditions for Savings Accounts.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• • This account is available to UK residents who are over 18 and can be opened and managed online through our Penrith Online portal.
  • The account can be opened in sole names only.
  • Minimum investment £1.
  • Maximum investment £50,000. Once the maximum amount has been invested no further deposits to the account will be allowed. Interest can continue to be added to the account.
  • The total combined savings held by a customer with the Society should not exceed £250,000.
  • A Nominated Bank Account must be set up at the point of account opening. We will only accept Nominated Bank Accounts in your name or to which you are a joint party from financial institutions that hold a UK banking licence.
  • Your first payment into the account must be made from the Nominated Bank Account. Subsequent payments into the account can be made by bank transfer from any UK bank account.
  • All withdrawals will be made to the Nominated Bank Account.
  • A deposit into the account must be received within 14 days of submitting your application.
  • Payments into your account can only be made in £ sterling.

• You are able to withdraw from your account up to 6 times in each calendar year as long as you leave the minimum balance of £1 in your account.
• The 6^th withdrawal will close the account.
• Withdrawals can be requested to your Nominated Bank Account by using the withdrawal request facility in your Penrith Online portal.
• When you request a withdrawal using the Penrith Online portal, we will action it by the end of the next working day following receipt.

• Tax treatment depends on individual circumstances and may be subject to change in the future.

4.21

4.21

For further details please see section 7 of the Terms and Conditions for Savings Accounts.

This projection is provided for illustrative purposes only. It is based on no further deposits or withdrawals being made and interest being added to the account. The projected balance is based on the annual interest rate.

• • This account is available to UK residents who are over 18 and can be opened and managed online through our Penrith Online portal.
  • The account can be opened in sole names only.
  • Minimum investment £1.
  • Maximum investment £50,000. Once the maximum amount has been invested no further deposits to the account will be allowed. Interest can continue to be added to the account.
  • The total combined savings held by a customer with the Society should not exceed £250,000.
  • A Nominated Bank Account must be set up at the point of account opening. We will only accept Nominated Bank Accounts in your name or to which you are a joint party from financial institutions that hold a UK banking licence.
  • Your first payment into the account must be made from the Nominated Bank Account. Subsequent payments into the account can be made by bank transfer from any UK bank account.
  • All withdrawals will be made to the Nominated Bank Account.
  • A deposit into the account must be received within 14 days of submitting your application.
  • Payments into your account can only be made in £ sterling.

• You are able to withdraw from your account up to 6 times in each calendar year as long as you leave the minimum balance of £1 in your account.
• The 6^th withdrawal will close the account.
• Withdrawals can be requested to your Nominated Bank Account by using the withdrawal request facility in your Penrith Online portal.
• When you request a withdrawal using the Penrith Online portal, we will action it by the end of the next working day following receipt.

• Tax treatment depends on individual circumstances and may be subject to change in the future.