Important information about compensation arrangements

We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a building society is unable to meet its financial obligations. Most depositors - including most individuals and small businesses - are covered by the scheme.

In respect of deposits, an eligible depositor is entitled to claim up to £50,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £50,000 each making a total of £100,000. The £50,000 limit relates to the combined amount in all the eligible depositor’s accounts with the building society, including their share of any joint account, and not to each separate account.

For further information about the scheme (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website www.FSCS.org.uk or call 020 7892 7300.

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Melton online savings savings accounts children's savings accounts tax free savings accounts how to apply interest rates previous rates savings terms & conditions checking your identity contact us general information instant access share We all save for different reasons and sometimes we need access to our money quickly. Our Instant Access Share account allows you just that. Summary Box Key Product Information for our Savings Account(s) Account Name Instant Access Interest Rates (AERs) See separate interest rate table Tax Status Net of Income Tax unless you have registered to receive this gross Conditions for Bonus Payment n/a Withdrawal Arrangements Instant access Access Branch, agency or post how much do I need to open an account? You can open an account with a minimum of £25 if you live in the counties of Leicestershire, Lincolnshire, Nottinghamshire or Rutland. For investors who do not live within the counties mentioned, the minimum amount to open an account is £1,000 and the balance of the account must not fall below £1,000. If it does, the Society will give the requisite notice to close the account and repay the investment. how do I make withdrawals? You can make withdrawals from your account without notice or penalty, by visiting a branch or agency of the Society (subject to the limits explained in our savings terms and conditions) or by forwarding your passbook with written instructions to us. what about interest? The interest rates are variable. Interest rate details are shown below and on the interest rates page If your balance is £5,000 or more you will benefit from monthly interest, which you can either have added to your balance or paid to a separate bank account. The interest is paid on the last day of each month. If your balance is less than £5,000 the interest is added to your account on 31 May each year.. balance interest paid gross interest gross AER net interest net AER £25+ Annually 0.10 0.10 0.08 0.08 £5000+ Monthly 0.10 0.10 0.08 0.08 £100000+ Monthly 0.25 0.25 0.20 0.20 instant access share 30 day notice loyalty saver DLRAA affinity cash ISA 0216 savers online easy save online 30 day notice online loyalty saver home about us news careers