|0.40% Gross* / AER**||for balances £1,000+|
|0.50% Gross* / AER**||for balances £75,000+|
Interest is calculated daily and added annually on 31st December at close of business.
Monthly Interest option is available for balances in excess of £5,000. The rate is reduced by 0.05%. Monthly interest is credited on the last working day of each month.
Balances under £1,000 will attract the lowest rate from the Instant Access Account.
|0.40% Gross* / AER**||£1,004.00
This figure is for illustration purposes only, and assumes annual interest, no further deposits, withdrawals or interest rate changes.
|0.50% Gross* / AER**||£75,375.00
This figure is for illustration purposes only, and assumes a single additional deposit of £74,000 at account opening, annual interest, and no further deposits, withdrawals or interest rate changes.
Available to UK Residents and UK Tax Residents.
Complete the application form, relevant declaration(s) and provide necessary identification then forward together with the initial deposit (payable to the account holder) to the Society’s office.
The minimum opening deposit is £1,000.
This account can be managed via the post. Transactions at the counter are not permitted.
Please contact the Society for information regarding Third Party Assistance.
Yes, notice and penalty free withdrawals are permitted and must be made payable to the account holder for a minimum of £500.
You can normally make a withdrawal on demand by cheque or Faster Payment, subject to adequate cleared balance and written instruction signed by the relevant signatory(ies).
*Gross rate – the contractual rate of interest to be paid on a savings account without any deduction being made in respect of potential tax liability.
**AER – stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
To apply, please complete the application form below and either call in to our branch or send the completed form with your opening deposit to the Beverley Building Society at 57 Market Place, Beverley, East Yorkshire, HU17 8AA