Sovereign 30 Account - Issue Two (currently off sale)
Our Sovereign 30 Account is currently off sale pending the launch of a new issue (issue 3) in early June 2013. The new issue will maintain all the same product features as the previous version but there will be a change in the interest rates offered.
The Sovereign 30 Account allows clients to make an unlimited number of withdrawals free of charge, provided that they are able to give us 30 days notice.
However, 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 Any additional ‘without notice' withdrawals will be subject to a charge equivalent to 30 days' interest on the amount withdrawn.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.
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 Two.
Please note, this account will not be available to view in Internet Banking until the end of July 2012.
For current interest rates applied to Sovereign 30 accounts that were opened before 2nd April 2012 please click here..
How to apply
It is vital that every client, whether applying for a Cater Allen account directly with us or via a financial adviser or intermediary, fully understands the Account, the Interest Rates and the relevant Terms and Conditions before submitting the application.
Checklist
All clients must:
- Read and print or save all the below documents
- Visit the interest rates page relevant to the Account
- Complete, print and sign the application form
- Post the form to us along with all necessary ID
Each application will usually be processed within 10 days of us receiving it.
Please note, application forms posted to Cater Allen which are incorrect or incomplete will be automatically returned. If you need assistance when completing a form we are happy to help; please call us on 0800 092 3300 or contact your relationship manager.