M&S Bank Monthly Saver

General

Gross Interest Rate

2.75% - Current account customers who have switched using the Current Account Switch Service and have two active Direct Debits

AER

2.75%

Opening

Method Of Opening Account

Internet, Telephone, Branch

Minimum Age of Account Holder

18

Minimum Deposit

£25

Maximum Deposit

£3,000

Contact Details For Opening

0800 756 7777
M&S Finance, Savings & Investments, Freepost, PO Box 410, Chester, CH99 9ST
Go to M&S Bank Website

Ongoing

Frequency Interest Paid

Maturity

Interest Fixed Until

12 months

Details of any Bonus Rates

N/A

Minimum Ongoing Balance

£25

Compound Interest or Paid Into Separate Account

Interest must be paid away

Closing/Accessing funds

Withdrawals Allowed

No

How Withdrawals Are Made

N/A

Early Access Penalties

N/A

Notice/Term

1 Year