Why Choose Us Contact Us The Wildelife Trusts

Coronavirus - Help us to help you

We are working hard to maintain the best service we can for you. As you can imagine our telephone lines are exceptionally busy at the moment. So we are asking for your help too.

In the interests of the health of both our customers and our staff, please avoid visiting our branches unless necessary. Please telephone your local branch direct if you have any queries or to register to use our online services.

To reduce the risk to our branch staff and customers, branch opening hours have temporarily be reduced to 9am - 1pm Monday to Friday and 9am – 12pm Saturdays.

We have also temporarily reduced our telephone opening hours at Principal Office to 9am - 3.30pm Monday to Friday and 9am – 12pm Saturdays. We apologise for any inconvenience this may cause.

Coronavirus Update

We understand that some customers may be worried about the effect that contracting the Coronavirus (COVID-19) could have on their finances, for example due to a drop in income as a result of contracting the virus or because of the measures imposed to stop it spreading. If you have any concerns about how this could affect you and your mortgage, please click here to read the leaflet produced by the Building Societies Association and National Debtline or please get in touch on 01664 414141.

Please click here to see a list of Frequently Asked Questions for our members.

Coronavirus Scams

The Society is aware of fraudsters using the Coronavirus outbreak to try and trick people into parting with their money. Here are four types of fraudulent activity that we are aware of:

  • Sales of ineffective protective face masks
  • Coronavirus-themed phishing emails with malicious links and attachments
  • Fraudsters sending texts and emails pretending to be from the World Health Organisation (WHO) claiming to be able to provide a list of infected people in their area. Please remember to be wary of links and attachments from unsolicited emails and texts and take care not to provide your personal or financial details
  • Posing as employees of a bank or building society. Please click here to read further guidance on how to protect yourself

Thank you for your patience.

The Melton Building Society

Call us on 01664 414141 between 9am and 6pm Monday to Friday and 9am and 12pm on Saturdays
 

Notice Savings Accounts

melton notice saving accounts

If you don’t need to have easy access to your savings, you can earn a better rate of interest with a notice account.

Product Name Minimum Balance Interest Paid Gross Interest % AER % Withdrawals Add to brochure download
30 Day Notice Account Issue 2 £500+ Monthly 1.00 1.00 30 days' notice
Home-Start Horizons 90 Day Notice Affinity £100+ Monthly 1.35 1.36 90 days' notice
Online LOROS 90 Day Notice Affinity £1,000+ Annually 1.35 1.35 90 days' notice
Online Phoenix Children’s Foundation 90 Day Notice Affinity £100+ Monthly 1.35 1.36 90 days' notice
Online 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.
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.
Tax treatment depends on individual circumstances and may be subject to change in the future

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 or completion fee.

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.

The Society’s Bank Account details which are used for paying money in to your account electronically are as follows: 

Sort Code:  40-05-30

Account Number:  74574915

Beneficiary*:  Melton Mowbray Building Society

Reference/Account Number:  You must quote your full account number (i.e. ABC1234567DEF) to ensure that the funds reach your account.

*Not all Banks or Building Societies will require this.