INSTANT ACCESS

A flexible savings account which is also easy to operate. It's been designed to suit the saver who wants the reassurance that they can access their savings without notice or loss of interest.

Account name

Instant Access

Interest rates (AERs)

Annual interest	Gross	Net	AER
£10+	0.15%	0.12%	0.15%


Monthly interest
£2,500 +	0.15%	0.12%	0.15%

The interest rate is variable. It is calculated on a daily basis and is added to your account annually on the 31st March.

Alternatively it can be paid directly to your bank account.

Tax status

Interest is normally paid net after deduction of income tax or gross, subject to an individual certifying their eligibility using the HMRC form R85. If you are unsure of your eligibility to receive gross interest you can visit the HMRC website to find out more and to obtain the form R85.

Conditions for bonus payment

Not applicable

Withdrawal arrangements

Withdrawals may be made without notice and without penalty.

Access

Post / branch

Minimum/ maximum limits

Minimum: £10

Maximum: £250,000

How To Apply

Opening an account with the Vernon could not be easier – simply read through our Terms & Conditions, complete an application form and take or post it to your nearest branch along with your initial investment and identification documentation. Click here for details of our identification requirements.

Please note that as a Society which aims to deliver products and services to local people we only accept applications from investors who live within a 25 mile radius of Stockport.

It is so refreshing to be able to speak to someone quickly rather than be held in a queue after pressing umpteen menu buttons.
Mr R, Denton

Need help? Call us

0161 429 6262

or we’ll call you, click here...

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

*The 'AER' stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Vernon Building Society is authorised and regulated by the Financial Services Authority (registration number 195475). It holds the following authorisations: to advise on and arrange mortgage business; to arrange general insurance business; and to introduce mortgage, general insurance, life assurance and investment business. You can check this on the FSA's website www.fsa.gov.uk/pages/register. We are also a participant of the Financial Services Compensation Scheme (FSCS). Details of the scheme can be obtained from www.fscs.org.uk

For independent information about financial products and services visit www.moneymadeclear.org.uk

Vernon Building Society • 19 St Petersgate • Stockport • SK1 1HF

Tel: 0161 429 6262 • Fax: 0161 429 6996 • Email: info@thevernon.co.uk