Club and Community Saver (Monthly) - 1345

Instant Access
Annual Variable Interest % AER*
£250+
3.40%

Key features

Save up to £1,000,000.

3.45% (AER*) on balances £250+ (3.40% Gross)

Interest is calculated daily and is paid monthly.

£250 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 an Unincorporated customer.

Product Details

Account name

Club and Community Saver (Monthly) - 1345

What is the interest rate? AER*

3.45% (AER*) on balances £250+ (3.40% Gross)

Interest is calculated daily and is paid monthly.

(*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?

If you were to open this account with £1,000.00 and made no further deposits or withdrawals, you would earn £2.83 interest in the first month. On this basis, your balance would be £1,034.53 at the end of a 12 month period. This is because your monthly interest will compound over the year. Please note the illustration provided is based upon a 12 month investment and is subject to interest being credited to your savings.

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 unincorporated customers based in the UK.

How do I open my savings account?

You may open your account at any one of our branches or via post.

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?

£250.

What is my maximum operating balance?

£1,000,000.

What is my maximum investment?

£1,000,000.

Can I withdraw money?

Instant access withdrawals are permitted with this account.

You may make a withdrawal in person at a branch or in writing.

Additional Information

Additional investments are permitted.

Unincorporated bodies could be Partnerships, Sole Traders, Clubs and Associations. If one partner is a corporate body e.g. LLP or PLC then they can only open a Corporate or Deposit account.

Key documents

Identification Requirements for Entities pdf icon Unincorporated Bodies Application Form pdf icon

How to apply for our Club and Community Saver (Monthly)

Branch

Find your nearest branch for more information or to make an appointment.

Post

You can apply now by printing the relevant application form at home.

Contact Us

If you wish to find out more information or get support with your application, contact our friendly Customer Service team.

Contact Us
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