Interest rates (AERs)

Annual interest 0.10% gross rate p.a./AER* The interest on this account is variable, this means that it can go up or down. The basis on which we might change your interest rate is set out in our terms and conditions

Additional information

There are other savings accounts available with The Nottingham and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point

Key product information

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Branch Instant Issue 2

Our Branch Instant account gives you control over your savings with instant access to your money when you need it.

Account details

Instant access to your savings whenever you need it
Just £1 to open
Branch only savings offer
Minimum age 7

Summary table

Account name	Branch Instant Issue 2
Interest rates (AERs)	Annual interest 0.10% gross rate p.a./AER* The interest on this account is variable, this means that it can go up or down. The basis on which we might change your interest rate is set out in our terms and conditions
Tax status	We will pay your interest without tax taken off. It is your responsibility to declare any interest you earn over your personal savings allowance directly to HMRC. Your tax treatment will depend on your individual circumstances and may be subject to change in the future, for further information please contact HMRC
Conditions for bonus payments	No bonus payable
Withdrawal arrangements	Instant access
Access	Branch
Additional information	There are other savings accounts available with The Nottingham and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point
Key product information	Download key product information

Want to discuss one of our savings products?

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Your savings are protected

Your eligible deposits with Nottingham Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme.

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Rates & account details
Managing your account
Opening an account

Your interest

We will pay your interest on 1^st September each year. We can pay it straight into your Branch Instant Issue 2, into another account with The Nottingham or into another bank or building society account. Just let us know on your application form what you’d prefer us to do.

Paying money in

You can pay money into your account either in person at any of our branches using your passbook or by standing order from another account.

Taking money out

You can have instant access to your savings whenever you need it. However, you must keep at least £1 in your account at all times.

How to open

To open an account you must:

Be over the age of 7
Be a UK resident
Have £1 to open the account
Meet our ID requirements

Call your local branch and speak to one of our advisers and find out how you could benefit from a savings account.

Saving Calculator

Use our savings calculator to find out how your savings might grow over the months.

Exclusive rewards for members

We're committed to helping you save money, buy your own home and plan for a more secure financial future - whatever challenges life throws. If you have a savings balance of at least £500, and either have held one of our savings accounts for at least the last 12 months or currently have a Nottingham Building Society mortgage, you can benefit from a range of offers.

Current interest rates from 23 Oct 2017

Balance	Gross p.a./AER*
£1 - £750,000	0.10%

*We will pay your interest without tax taken off. It is your responsibility to declare any interest you earn over your personal savings allowance directly to HMRC. Your tax treatment will depend on your individual circumstances and may be subject to change in the future, for further information please contact HMRC. AER stands for Annual Equivalent Rate. It shows what the interest rate would be if the interest was re-invested in the account each year. Interest rates are variable unless otherwise stated.

+The net rate(s) shown assume(s) income tax at the lower rate of 20% has been taken off.

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Branch Instant Issue 2

Account details

Instant access to your savings whenever you need it

Just £1 to open

Branch only savings offer

Minimum age 7