| Savings Products | Account Levels | Interest Rate (AER1/Gross2) | Interest Payable | Withdrawals | Access |
|---|---|---|---|---|---|
| Family Assist Savings Account (1st issue) | £10,000 + | 1.00% | Interest payable annually on 31 December and on closure | No withdrawals allowed. Closure of the account is only permitted where the Society has confirmed that all of the release obligations as stated in the Agreement and the Terms and Conditions for the Family Assist Savings Account have been satisfied. | Any requests for release from the Agreement must be signed by all account holders and must be made in writing to the Mortgage Customer Services Department, The Mansfield Building Society, Regent House, Regent Street, Mansfield, NG18 1SS. |
| Easy Access Community Saver (1st issue) | £1 + | 0.10% | Annually on 31 December | Withdrawals, closure or transfers can be made without notice or loss of interest | Post or branch |
| 30 Day Community Saver (2nd issue) | £1 + | 0.25% | Annually on 31 December | Withdrawals, closure or transfers are subject to 30 days written notice | Post or branch |
| Easy Access Cash ISA (3rd issue) | £1 + | 0.20% | Annually on 5 April tax free^ | Withdrawals, closure or transfers can be made without notice or loss of interest | Post or Branch |
| Community Deposit Maxi Account (2nd issue) | £500 + | 0.50% | Annually on 31 December | Withdrawals or closure are subject to 30 days written notice or the loss of 30 days interest on the amount withdrawn. See product summary box for full details | Post or Branch |
| Young Saver (3rd issue) | £1 + | 0.75% | Anually on 31 December and on maturity at age 18 | Up to 6 withdrawals per calendar year without penalty. Further conditions apply, see product summary box for full details | Post or Branch |
| Cash Junior ISA (2nd issue) | £1 + to a maximum investment of £9,000 in the 2020/21 tax year | 1.25% tax free^ | Annually on 5 April | No withdrawals allowed until the child is 18 | Post or Branch |
| Young Regular Saver (3rd issue) | £1 per month + | 1.00% | Annually on 31 December and on maturity at the age of 18 | Up to 2 withdrawals per calendar year without penalty. Further conditions apply, see product summary box for full details | Post or Branch |
| Regular Savings (6th issue) | £10 per month + | 0.75% | Annually on 31 December | Up to 2 withdrawals per calendar year without penalty. Further conditions apply, see product summary box for full details | Post or Branch |
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. AERs 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 without tax taken off.
If separate AER/Gross rates are not quoted, both rates are identical.
Tax free means exempt from UK income and capital gains tax in the hands of the investor.
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