Mansfield Building Society ⇒ Mortgages, Savings, Financial Planning, Insurance and Equity Release

All rates

Postal Premium (2nd issue) Limited Edition

Variable rate postal account including an introductory premium payable for the first 12 months. All transactions are conducted exclusively through the post.

Account Levels	AER % *	Gross Rate % p.a. +	Net Rate % p.a. #

£1000+	2.50	2.50	2.00

* AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year. AER’s on the Monthly Income account assume interest is added to the account each month although in practice the option to have interest added in this way is not available.
+ The gross rate is the contractual rate of interest payable before the deduction of income tax.
# After deduction of income tax at 20%.

^Tax free means exempt from UK income and capital gains tax in the hands of the investor.

Minimum Investment	£1,000
Maximum Investment	£400,000
Interest Frequency	30 June
Additions & Withdrawals	The minimum transaction level after the account is opened is £100 and this applies to both receipts and withdrawals. Additional deposits may be made up to the total maximum of £400,000. No cash deposits will be accepted. A maximum of 1 withdrawal may be made without notice or loss of interest during the introductory premium period. Additional withdrawals during the introductory premium period are subject to the loss of 180 days interest on the amount withdrawn. Closure during the introductory premium period is subject to the loss of 180 days interest on the closing balance if 1 withdrawal or more has been made during the introductory premium period. At the end of the introductory premium period withdrawals are available without notice or loss of interest.
General information	The AER/Gross rates include an introductory premium of 1.00% payable for the first 12 months. The introductory premium is limited to one premium for the first Postal Premium account opened whether in single or joint names. All transactions must be conducted exclusively through the postal system to ensure an efficient processing system although receipts by standing order are acceptable. Confirmation of any change to the interest rate paid will be notified to you personally within 30 days. For security reasons we cannot accept payments into the account by cash. Cash deposits will be returned without any liability on our part. Interest can be credited to another account with the Society or transferred to your Bank or Giro account. Our savings accounts are exclusively available to United Kingdom residents. Our savings accounts are only available to non-United Kingdom residents if they are already an existing member. If you have more than £400,000 in the Society in either single or joint names please mention this to our staff as the Society's usual maximum holding is £400,000. Before completing an application form, please read the General Account Terms and Conditions that apply to our savings accounts, both of which can be found on our Savings Forms and Leaflets page.

These account details apply to personal investors only unless stated in the detailed information.

Financial Services Compensation Scheme: Important Information

All new customers opening a savings account will be required to sign a declaration agreeing to assign any windfall conversion benefits to the Charities Aid Foundation. This assignment will apply for the first 5 years of membership. Existing members with continuous membership prior to the effective date are not affected. Our Charitable Assignment Scheme leaflet provides full details.

For important information click here

The Mansfield Building Society, Principal Office, Regent House, Regent Street, Mansfield, Notts, NG18 1SS
Tel: 01623 676300 • Fax: 01623 676356 • Email: enquiries@mansfieldbs.co.uk
Authorised and regulated by The Financial Services Authority - reference number 206049. Member of the Building Societies Association