Paragon Bank Double Access Savings Account – Issue 10
General
Gross Interest Rate
4.65%
AER
4.75%
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