Easy Access Direct

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Account Name

Easy Access Direct

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What is the interest rate?

Up to date rate information can be found on our Interest Rate Notice

Interest is calculated daily and added to your account annually on the 31^st March.

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Can Vernon Building Society change the interest rate?

Yes, the rate is variable. That means we can move it, up or down.

Section 10 of our ‘Terms & Conditions for Savers’ explains when we can do this, and how we’ll let you know.

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How do I manage my account?

You can operate your account by post and through our Online Services.

The maximum balance allowed in this account is £250,000.

Deposits can be made by post by cheque, standing order or online banking.

Each time a transaction is carried out on your account we will issue a transaction advice slip giving details of the transaction and a balance update.

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Can I withdraw money?

Withdrawals can be made by post or online services.

Withdrawals by post can be requested by completing a withdrawal slip and posting to us using the prepaid envelopes provided.

Withdrawals will be sent by Faster Payment directly to your nominated bank account or to another Vernon Building Society account in your name. A minimum balance of £10 must remain after a withdrawal.

The minimum withdrawal you can make from this account is £250.

Please also refer to section 12 of the Terms & Conditions for Savers brochure for further information.

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Additional information

If you need more stationery to continue making withdrawals, please contact our Customer Services team on 0161 429 6262 or by emailing customerservices@thevernon.co.uk

The information contained in this product summary forms part of the terms and conditions of the account and should be read in conjunction with our Terms & Conditions for Savers.

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