|Product Name||Minimum Balance||Interest Paid||Gross Interest %||AER %||Withdrawals|
|Melton Homesave Account||£100+||Monthly||1.25||1.26||30 days’ notice to withdraw. Notice will be waived when funds are required for all or part of a deposit to purchase a property with a Melton mortgage.|
|Online Homesave Account||£100+||Monthly||1.00||1.00||30 days’ notice to withdraw. Notice will be waived when funds are required for all or part of a deposit to purchase a property with a Melton mortgage. Online maximum withdrawal limit of £10,000 per day.|
If you don’t need to have easy access to your savings, you can earn a better rate of interest with a notice account. There are many reasons to save, including creating a lump sum for the future – perhaps a deposit on a house, helping your children to go to university, a wedding or a comfortable retirement? At some point in the future, you will probably need to have access to a sizable amount of money that you can either use all at once or draw on over time. You may also wish to save to buy something that you can't afford right now, savings enable you to buy things you want or need without increasing your debts.
Our Melton Homesave and Online Homesave accounts are designed to encourage you to save regular monthly amounts towards a deposit on your home. You may be eligible to apply for a Melton mortgage without having to pay an application orfee.
Take a look at our Handy Guide to making the most of your savings.
Here to help
Not sure which account is right for you? Get in touch and our experienced staff will be happy to talk you through your options and help find the best notice savings account for you.
How safe are your savings?
You may be worried that if you tie your money up in a savings account, it won't be protected. However, the Financial Services Compensation Scheme is an independent body that serves as a last resort to cover most deposits, including savings up to the value of £85,000. So, if for some reason your bank or building society failed, your money is protected by the FSCS.
Call one of our friendly advisors on 01664 414141. Opening hours 9am to 6pm Monday to Friday and 9am to 12pm on Saturday.
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