3.40

3.40

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has been invested no further credits to the account will be allowed and all further interest accrued will need to be withdrawn from the account to ensure the maximum balance is not exceeded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

3.60

3.60

• 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

3.60

3.60

For further details refer to our Savings Accounts Digital Terms and Conditions.

This figure is provided for illustration purposes only. It is based on no transactions or changes to interest rates after the initial deposit.

• This account is available to UK residents who are over 18 and can be opened and managed through our Penrith Online portal only
• As part of our account opening process, we will confirm your identity. If we are unable to do this electronically, we may need to ask you for some additional personal identification
• This account is limited to one account per individual customer (joint accounts are not permitted)

Savings limits & additional deposits

• Minimum investment £500
• Maximum investment £100,000– once the maximum amount has been invested no further credits to the account will be allowed. Interest will continue to be added to the account
• The total limit on your combined savings with us 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
• A deposit of a minimum of £500, made from your nominated bank account, must be received within 14 days of application
• Payment of the funds into your account can only be made in £ sterling

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