Triodos Regular Saver
Savings that tackle the big issues
- For regular savers who want to make a positive difference
- Open with as little as £25, then make monthly deposits of £25 or more
- A choice of 33 or 90 days’ notice for withdrawals
- Interest rate is 0.10% gross (0.10% AER*) variable. Interest rate will reduce by 1.50% gross (1.51% AER*) if you make more than two withdrawals in a year. The interest rate will not fall below 0%.
*Rates applicable from 23 March 2009. Interest rate quoted is Annual Equivalent Rate (AER) and illustrates what the interest rate would be if interest was paid and compounded once each year. The gross rate is the rate payable without any tax taken off.
|Account name||Triodos Regular Saver|
|What is the interest rate?||
|Can Triodos Bank change the interest rate?||Yes – the interest rate is variable and can therefore change at any time. Please refer to section 7.3 of our Terms and Conditions for personal banking accounts.
At least 14 days’ notice in writing will be given of any reduction to the interest rate on this account.
|What would the estimated balance be after 12 months based on a £25 or £250 monthly deposit?||
These estimates are based on either £25 being deposited at account opening and every month thereafter for 12 months or £250 per month being deposited at account opening and every month thereafter for 12 months, no withdrawals being made and interest being added to the account six monthly.
These projections are for illustrative purposes only and do not take into account your personal circumstances.
|How do I open and manage my account?||
|Can I withdraw my money?||
|Additional information||*The gross rate is the rate payable without any tax taken off. Credit interest on all our accounts is paid gross.
**AER shows what the interest rate would be if interest was paid and compounded once each year.
Please ensure you also read the Terms and Conditions for our personal banking accounts.