Forest Green Savings Account (previous rates)
Rates effective from 1st March 2008 to 30th April 2008
A simple way to save and support Forest Green Rovers
The Forest Green Rovers branch instant account has been exclusively designed for supporters of Forest Green FC. By opening this account, you will not only receive an attractive rate on your savings, but also benefit the youth development policy of Forest Green Rovers. Forest Green Rovers will receive a cash donation from Stroud and Swindon at the end of each season equivalent to 1% of the average total balances held on the account types. So by supporting your local building Society, you are also supporting Forest Green Rovers.
For more information on Forest Green Rovers visit
www.forestgreenroversfc.com (Stroud and Swindon Building Society accepts no liability for the information held on the Forest Green Rovers website)
Features
- Enhanced rates of interest
- Instant access to your savings with no penalties for withdrawals
- Gross interest rates for eligible non-taxpayers
- £500 Minimum initial investment required to open and operate the account
- No notice required to make withdrawals
- Interest calculated on daily basis and credited annually to the account at midnight on 1st April
Age restriction:
Minimum/Maximum deposit:
- £100 minimum, £500 cash and up to fives cheques (total value at least £100) per day maximum up to £500,000
Restrictions on deposits:
Withdrawals:
Any cheques deposited must be cleared before a withdrawal can be made on them.
- Up to £100 - £500 cash can be withdrawn instantly
- Cheque withdrawals over £100, payable to account holder only, can be arranged at any branch
- No loss of interest
Interest:
- Interest can be transferred to another account that you may have with us, or directly into your bank account
Tax:
- Interest will be paid or credited after deduction of income tax at the appropriate rate
- Non-taxpayers must first complete the appropriate Inland Revenue declaration (R85) to qualify to have interest paid without deduction of tax (Please contact your local Tax Office if you are unsure about your eligibility for tax-free interest).
How do I open a Forest Green Rovers Savings Account?
Net rates assume the lower rate of income tax of 20%. These figures are rounded and are for illustrative purposes only.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if the interest was paid and compounded each year.
GROSS: The gross rate is the contractual rate of interest before the deduction of tax at the appropriate rate specified by law. Interest will be paid gross to non-taxpayers subject to the required HM Revenue and Customs certification (R85).