Special Regular Saver Issue 8

Our summer sizzler, the Special Regular Saver Issue 8 is a great rate to encourage you to build up your savings.  Whether you're looking to put away a little every month or the full £250 on a regular basis, you should take advantage of this sizzling rate that allows you to save up to £250 each month. 

Access to exclusive membership

And don't forget, once you've saved over £500 and held one of our accounts for at least a year you gain access to our exclusive member reward programme which entitles you to some great offers and savings including fee free advice on whole of market mortgages from our award winning mortgage services, financial advice and discounted home selling fees.


Account details

  • Branch only savings offer


  • Perfect for building up your savings steadily


  • Save up to £250 every month


  • Fixed term which ends on 28 February 2021


  • Limited issue


Summary table

Account name

Special Regular Saver Issue 8

Interest rates (AERs)

Annual interest 2.50% 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

No withdrawals allowed

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

 

Rates and account details

Your interest

We add the interest to your account on the last day in February each year until your account matures in 2021. We can pay it straight into your Special Regular Saver Issue 8.

Managing your account

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 however 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 28 February 2021, 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 Issue 2, or an alternative account we consider appropriate at the time.

Operating an account

How to open

To open an account you must:
  • Be over the age of 16
  • Be a UK resident
  • Have £10 to open the account
  • Meet our ID requirements
Please note that only one Special Regular Saver Issue 8 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.

Exclusive rewards for members

If you have a savings balance of at least £500, and have either 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 including FEE FREE mortgage advice (typically £249)

Want to discuss one of our savings products?

Visit a branch or call our customer service team to find out more about our accounts

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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 5 July 2019

Balance Gross rate / AER* Net rate+
£10 - £4,000 2.50% 2.00%
*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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If you would like to find out more about our products then call in to your nearest branch and talk to us about how we can help you.

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