Access 90

You should read this product information carefully in conjunction with our Savings Terms and Conditions and ID for customers to ensure you understand the features and conditions of what you are buying. Our savings accounts are only available to UK residents. We recommend you contact your local branch to make an appointment before delivering your completed application form.

Savings Features

Account name 

• Access 90

What is the interest rate? 

Interest rate band
Interest rate

£50,000+

£25,000+

£10,000+

£1,000+

4.10% Gross/AER variable

3.80% Gross/AER variable

3.70% Gross/AER variable

3.25% Gross/AER variable

• Rate of interest payable depends on individual circumstances and may be subject to change in the future.
• If the balance falls below the minimum operating balance, a variable rate of 1.50% gross/AER will be paid.
• Interest is variable and calculated daily and paid annually on 31 October into the account, to another Newbury Building Society account or your bank account.

Can Newbury Building Society change the interest rate? 

• You will be notified of any material downward rate change by letter or secure message.
• The rate can be changed in accordance with our Savings terms and conditions. These can be accessed in branch and online at www.newbury.co.uk.

What would the estimated balance be after 12 months? 

Interest rate band
Estimated balance

£50,000+
 

£25,000+
 

£10,000+
 

£1,000+
 

 

£52,050.00 (based on a £50,000 deposit)

£25.950.00 (based on a £25,000 deposit)

£10,370.00 (based on a £10,000 deposit)

£1,032.50 (based on a £1,000 deposit)

• This estimation is for illustrative purposes only and does not reflect individual circumstances.

How do I open and manage my account? 

• Account can be opened in single or joint names.
• The minimum opening and operating balance is £1,000.
• Available to those aged 18 and over.
• If the account is opened online or by post, the account must be approved within 14 days. If the account is not approved within 14 days, we will close the account. The account is approved when we have received the application and the identification requirements have been satisfied. Once the account is approved, the account can receive deposits up to the account limit within five business days. If no deposits have been received within five business days, we will close the account.
• The maximum balance is £1,500,000.
• This account can be opened and operated in branch, via the post or online.
• Account holder/s must be resident in England or Wales.

Can I withdraw money? 

• 90 days' notice is required for all withdrawals; there is no option to withdraw early with a penalty. Once notice has been given, withdrawals can be made:
• Up to £500 cash per day in branch.
• By cheque against cleared funds in branch or by post.
• By electronic payment in branch to your nominated account (up to £50,000).
• Via the myaccounts online service to your nominated account (up to £50,000).
• By CHAPS for electronic payments to your nominated account (over £50,000).

Additional information  

• Tax status - From 6 April 2016, HMRC introduced a Personal Savings Allowance for individuals and as a result interest on savings is paid gross of tax. Your tax treatment will depend on your individual circumstances and may be subject to change in the future. For further information go to www.GOV.uk.