1 Access Business Bonus Saver - 1215

Annual Fixed Interest % AER*
£1,000+
3.10%

How to open this account


Need help applying?

Request a callback and one of our specialists can help complete the application form with you over the phone and send it to you for signature.

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Key features

Save up to £500,000.

3.10% excluding bonus on £1,000+
3.55% including bonus on £1,000+.

Interest is paid on account maturity at the end of the 1 year term.

£1,000 minimum opening balance.


*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year. Interest is paid annually unless otherwise stated.

What you will need:

Your address details for the last 3 years, including postcodes.

Your mobile phone number

To apply, you must:

Have the authority to open an account.

Be a company subject to UK Law only.

Product Details

Account name

1 Access Business Bonus Saver - 1215

What is the interest rate? AER*

3.10% annual interest rate* excluding bonus on £1,000+
3.55% annual interest rate* including bonus on £1,000+.

Interest is paid annually on the anniversary of account opening.

Excluding Bonus interest is paid annually on anniversary date. Including Bonus interest is paid annually on anniversary date subject to no more than 1 withdrawals within year and minimum balance being held.

(*AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added each year)

Can Dudley Building Society change the interest rate?

The interest rate on this account is variable and the Society may make changes to this rate at any time. We will notify you of any changes in accordance with the Terms & Conditions.

What would the estimated balance be?

Excluding Bonus: If you were to open this account with £1,000 and no further deposits or withdrawals were made you would earn £31.00 interest. This would result in a total balance of £1,031.00.

Including Bonus: If you were to open this account with £1,000 and no further deposits or withdrawals were made you would earn £35.50 interest. This would result in a total balance of £1,035.50.

Please note this is an illustration only and does not reflect your specific circumstances.

How do I open and manage my account?

Who is eligible?

This account is available to new and existing corporate bodies registered in the UK.

Only one account per person can be opened.

How do I open my savings account?

You may open this account at any of our branches, by post or with support from one of our specialists over the phone. Download and complete the application form and return it to us by post or email.

If you need help getting started, request a callback and one of our specialists can help complete the application form with you over the phone and send it to you for signature.

How do I operate my account?

Any queries regarding your account can be dealt with via branch, email or telephone. Instructions on your account are required in person, at branch or in writing.

 

What is my minimum opening and operating balance?

£1,000

What is my maximum operating balance?

£500,000

What is my maximum investment?

£500,000

Can I withdraw money?

Instant access withdrawals are permitted with this account, however, only a maximum of 1 withdrawals are permitted within a 12 month period, which will start from the date the account was opened. If more than 1 withdrawals are placed within this 12 month period, the bonus shall be lost. A minimum balance of £1,000 must be maintained in the account to be eligible for the bonus. If balance falls below this amount, the account must be closed.

Additional Information

Additional investments are permitted.

If the account is closed before the anniversary date – no bonus will be paid.

A corporate body is able to enter into legal agreements in its own right and can often be identified by ‘Ltd’, ‘Plc’ or ‘Incorporated’ being included in the company title. If the company is a corporate body, it will have registered through a legal process, for example with Companies House. Account holders do not have membership or voting rights

Key Documents

Business Application Checklist pdf icon Business Application Form pdf icon Identification Requirements for Entities pdf icon

Request a callback

One of our specialists can help complete the application form with you over the phone and send it to you for signature.

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