We add the interest to your account on the last day in February each year until your account matures in 2020. We can pay it straight into your Special Regular Saver Issue 7.
Every year we will send you a statement telling you how much interest you have earned, the rates that have applied to your account over the last year and the current rate of interest.
Paying money in
You can pay money into your account at any branch using cash, a cheque or standing order.
You can make more than one payment in a month if you want to, but you must not pay in more than £250 in one calendar month.
Taking money out
As you won't be able to take any of your money out of the account until it matures on 29 February 2020, please make sure you won't need access to it before then.
You must keep at least £10 in your account at all times.
What happens when the term ends?
Shortly before your account matures we will write to you with details of a replacement product if they are available. If we do not hear from you, we will transfer your balance to an account called Branch Instant, or an alternative account we consider appropriate at the time.
How to open
To open an account you must:
Please note that only one Special Regular Saver Issue 7 can be opened per customer.
Call your local branch and speak to one of our advisers and find out how you could benefit from a savings account.