Sovereign 30 Account - Issue Three

Our Sovereign 30 Account is designed to enhance the rate of return for savings where immediate access to the funds is not required.

The minimum opening deposit is £5,000 per account with a minimum balance of £5,000 to be maintained in each account.If the account balance goes below the £5,000 minimum required then a charge of £15 per month will apply.

The account allows clients to make an unlimited number of withdrawals free of charge, provided that they are able to give us 30 days notice. One penalty free withdrawal is also permitted providing the balance is over £5,000.

As an added feature of this account, we also allow one ‘without notice' withdrawal free of charge each calendar year of up to £2,500 if the account balance is greater than £5,000.  Any additional ‘without notice' withdrawals will be subject to a charge equivalent to 30 days' interest on the amount withdrawn. 

As a further benefit, clients can select to have the monthly interest credited to another linked account so that it may be accessed more easily (providing the balance remains over £10,000). Interest is only paid on balances that remain at £5,000 or more.

Please see the Sovereign 30 Account Factsheet and Personal Terms and Conditions for more information.

Interest rates are variable, please see current available interest rates for Sovereign 30 Account Issue Three.

For current interest rates applied to Sovereign 30 accounts that were opened before 2^nd April 2012 please  contact us on 0800 092 5500 () on 0330 123 0719 from a mobile (calls cost the same as a normal landline number) or from outside the UK +44 (0) 114 228 2400 (please note that if you call from outside the UK, normal international call charges will apply). Lines are open from 8.30am to 5.30pm, Monday to Friday. Calls may be recorded or monitored.