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|Account Name||30 Day Notice Issue 2|
|What is the interest rate?||
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Interest rate effective from 1st June 2022.
Interest, payable at the end of each month, can be added to the account, transferred to your bank account or transferred to an existing Melton savings account.
|Can the Melton Building Society change the interest rate?||
The interest rate is variable, which means we reserve the right to change them to reflect market conditions, to comply with legal or regulatory guidelines and to protect the long-term future of the Society.
We will give you fourteen days’ notice before any change that would disadvantage you.
For full details please read our Terms and Conditions.
|What would the estimated balance be after 12 months based on a £1,000 deposit?||
Based on the current rate of interest, if you deposited £1000 in this account, after 12 months you would have £1006.02.
(This figure is only an estimate, based on there being no additional deposits, withdrawals or rate changes in that time with all interest being added to your account. This figure is for illustrative purposes only, and does not take into account your individual circumstances.)
|How do I manage and open my account?||
This account is only for UK resident individuals aged 16 or over.
Accounts can be opened with a minimum amount of £500 and the maximum that can be held in this account is £500,000.
To open an account see How to Apply below. Manage your account by visiting a branch of the Society or by forwarding your written instructions to us.
|Can I withdraw money?||
30 Days’ Notice – you will need to give 30 days’ notice of your intention to withdraw funds. You can make withdrawals by visiting a branch of the Society or by forwarding your passbook with written instructions to us. You can also transfer funds from your account to a nominated bank/building society account.
Withdrawals are subject to the limits explained in our savings terms and conditions.
This is a summary of the key features of this account. You will still need to read the savings terms and conditions.
Simply download, print and complete the application form using the link below. Please return your completed form, necessary identification and opening cheque to your local branch or post it to The Melton, Mutual House, Leicester Road, Melton Mowbray, Leicestershire LE13 0DB. Cheques should be made payable in the name of the account holder.
You should also read our savings terms and conditions to ensure you understand the features and conditions of this product.Your Personal Information
At the Melton Mowbray Building Society we take your privacy very seriously and always treat your personal details with utmost care. We promise to keep your information safe and secure and never share this with other companies for marketing purposes.
You can read more about how we collect and process your personal data in our privacy notice which can be accessed here.
Call one of our friendly advisors on 01664 414141. Opening hours 9am to 6pm Monday to Friday and 9am to 12pm on Saturdays.
Leave your details and we will call you back.
Following the Bank of England Base Rate increases, our Standard Variable Rate is due to increase from 4.99% to 5.39% with effect from 1st June 2022.
Please also bear with us as our telephone lines will be busier as we help our customers