30 Days' Notice
Knowing that your money's working hard for you - that's peace of mind with added interest.
Existing Members prior to 1st December 2013 only.
30 Days' Notice - Adult Savings Account
What is the interest rate?
|**Gross PA %||*AER %*(Gross)|
Variable rate of interest paid half yearly.
Interest is calculated on a daily basis and is added to your account half yearly on the 30th June and 31st December. Alternatively it can be paid directly to your bank account or another Harpenden Building Society account.
*AER stands for Annual Equivalent Rate and illustrates what the rate would be if interest was paid and compounded once a year.
**Gross P.A. is the rate of interest paid without the deduction of tax.
|Can Harpenden Building Society change the interest rate?||
We have the right to vary the rate of interest. When the interest rates reduce, and the change is material, we will personally tell you about it before we make the change. Please refer to condition 7 of our General Terms and Conditions for Retail Savings Accounts which sets out the reasons for which we may change the rate and the procedure for doing so.
You will find copies of these terms and conditions in all of our branches or you can download them from our website: harpendenbs.co.uk/savings/savers-terms-and-conditions.
What would the estimated balance be after 12 months based on a £1,000 deposit?
We have worked this out assuming a £1,000 deposit is made on account opening and no further deposits or withdrawals are made throughout the year.
|How do I open and manage my account?||
This account is only available to those aged over 18. You can only hold one type of this account.
This account can be opened in branch or by post. Complete the attached application form and drop into one of our branches or use our freepost address: FREEPOST SB165, Harpenden Building Society, 14 Station Road, Harpenden, Herts AL5 4BR.
Minimum balance: £1,000
If you’re a new customer then we will need proof of your identity (ID). Please follow the guidance in our ‘Identification Requirements’ document available in branch and online. Visit: harpendenbs.co.uk/savings/identification.
When making cheques payable to Harpenden Building Society you should also include the name of the person(s) into whose account the money is being paid (e.g. Harpenden Building Society – Account holder’s name).
If you would like to operate this account you can talk to us in branch or contact us by post or online (subject to the terms and conditions of our online services). Cash (up to £3,000 per day) or cheques can be paid in over the counter. Cheques can also be paid in by post.
You can ask your bank to arrange an online transfer once the account is open.
|Can I withdraw money?||
Instant access is allowed for withdrawals on the proportion of a balance held above £10,000.
Should a withdrawal take the balance below £10,000 then 30 days’ notice is required or 30 days loss of interest will apply to the amount withdrawn below £10,000. 30 days’ notice is required for withdrawals if the balance held is below £10,000, or a 30 day loss of interest penalty will apply for instant access.
Up to £500 cash per day over the counter.
By cheque over the counter or by post.
Faster Payment in branch up to £100,000/CHAPS above that amount.
Faster Payment using Online Services up to £10,000 per day (see Online Services Terms and Conditions).
Interest is paid gross without tax deducted. A small proportion of savers may be required to pay tax on their savings interest - this should be arranged directly with HMRC through your tax return. Please ask for further information.
Your tax treatment will depend on your individual circumstances and may be subject to change in the future.
The information contained in this table forms part of the terms and conditions of the account and should be read in conjunction with ourGeneral Savings Account Terms and Conditions for Retail Savings Accounts.