Paragon Bank Double Access Savings Account – Issue 8

General

Gross Interest Rate

4.80%

AER

4.91%

Opening

Method Of Opening Account

Internet

Minimum Age of Account Holder

18

Minimum Deposit

£1,000

Maximum Deposit

£500,000

Contact Details For Opening

0800 052 2222
Paragon Bank PLC, PO Box 850, Wallsend, NE28 5BJ
Go to Paragon Bank Website

Ongoing

Frequency Interest Paid

Monthly

Interest Fixed Until

Variable

Details of any Bonus Rates

N/A

Minimum Ongoing Balance

£1,000

Compound Interest or Paid Into Separate Account

Both

Closing/Accessing funds

Withdrawals Allowed

Yes - up to 2 withdrawals every 12 months, the rate will reduce after 3rd withdrawal

How Withdrawals Are Made

Internet

Early Access Penalties

N/A

Notice/Term

None