Sure Start

---

Account Name

Sure Start

---

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 on the 30^th June and 31^st December.

---

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.

---

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 in branch by cash or cheque or by standing order or online banking.

When the young saver turns 21, they will assume ownership of the account and it will automatically transfer to an Easy Access account. Any family member/guardian signatory will be removed.

If the account holder is under 10, a family member or guardian must operate the account. Upon reaching the age of 10, it is at the family member or guardian’s discretion whether to pass control to the young saver.

Funds saved into this account belong to the young saver. The balance and all transactions should only be for their benefit.

This account can only be operated by either the family member/guardian or the account holder at a time. It cannot be operated by both at the same time.

---

Can I withdraw money?

Withdrawals from the account can be made in branch or through our Online Services. Online withdrawals can only be made by the young saver into a nominated bank account in their own name. Account signatories (such as a parent) cannot use this service.

There is no minimum withdrawal amount for this account however a balance of £5 must remain to keep the account open.

If the account holder is under 10, a parent or guardian needs to sign the withdrawal form.  Upon reaching the age of 10, it is at the parent or guardian’s discretion whether to pass control to the young saver.

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

---

Additional information

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.

---