30 Day Notice Midlands Air Ambulance Saver (Issue 2)

30 Day Notice Midlands Air Ambulance Saver (Issue 2)

If you're ready to open an account you can download an complete an application form.

The variable rate below applies from 13 September 2024:

• £100 plus - 3.95% gross / AER

Interest is calculated daily and paid annually on 31 December.

If you're ready to open an account you can download and complete an application form.

We may increase or decrease the interest rate at any time. Further details of when we do this and how we will let you know, can be found in our Terms and Conditions for savings accounts, available on our website, in branch or in your welcome pack. 

If you're ready to open an account you can download and complete an application form.

The balance after 12 months on an initial deposit of £1,000.00 with an interest rate of 3.95% gross/AER (variable) would be £1,039.61

This estimation is an example only and assumes:

• There are no additional deposits or withdrawals made;
• Interest is paid gross and added to the account on 31 December; and
• There is no change to the interest rate.

This estimation is only an example and does not take into account any individual circumstances.

If you're ready to open an account you can download and complete an application form.

The account is available for anyone aged 16 or over. 

You can open an account at an of our branches without an appointment or, through the post by sending us a completed application form with a cheque payable to yourself for your initial deposit. Application forms can be posted to you on request, collected in branch, or printed from our website. To view our acceptable identification, please click here.

Joint accounts can be opened. Only one account can be opened per customer.

The minimum amount to open this account is £100. You must have at least £100 in the account to keep it open. Withdrawals taking the balance below £100 will only be allowed when you are closing your account. Opening balances made by electronic payment must be sent within 14 days of opening your account, or the account will automatically be closed. The maximum amount that can be held in this account is £100,000 per account.

You can add money to your account at any of our branches by cash or cheque, through the post by cheque, or by standing order.

You can view your balance and recent transactions on the Tipton App, available in the Google Play Store and Apple Store.

If you're ready to open an account you can download and complete an application form.

Withdrawals are limited to a maximum of three each calendar year. After your third withdrawal, no further withdrawals including closure of the account and withdrawal of any interest, will be available until the next calendar year.

You must give 30 days' notice before any withdrawals are made, no early access is available. You can give notice to withdraw by letting us know via post, visiting one of our branches, calling us, or completing our online contact form.

Withdrawals must be made by cheque only and must be at least £100 per withdrawal. No cash withdrawals, internal transfers, electronic transfers, direct debits, faster payments or standing order withdrawals are available.

If you're ready to open an account you can download and complete an application form.

Interest is paid without tax deducted.

As well as earning interest on your savings, you will also by helping to support Midlands Air Ambulance Charity. Each year, we will make a payment to the Charity based on the average balances held in our Midlands Air Ambulance Saver accounts at no cost to you.

If you decide within 14 days of opening your account that this isn't the right account for you, you can have your money back without charge. We'll arrange to close the account and return your money to you, or transfer it to another one of our savings accounts.

The Tipton offer a range of savings accounts on a non-advised basis. There may be another savings account which may have a higher rate of interest and/or be better suited to your personal needs. Please speak to a member of the team for other product information.

Interest rates explained:

• Gross means the contractual rate of interest payable.
• AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Issued date: 13 September 2024

If you're ready to open an account you can download and complete an application form.

Midlands Air Ambulance Saver (Mobile App Account) (Issue 2)

When you're ready to open your account, simply visit the Tipton App to find out more.

The variable rate below applies from 13 September 2024:

• £100 plus - 3.95% gross / AER

Interest is calculated daily and paid annually on 31 December.

When you're ready to open your account, simply visit the Tipton App to find out more.

We may increase or decrease the interest rate at any time. Further details of when we do this and how we will let you know, can be found in our Terms and Conditions for savings accounts, available on our website, in branch or in your welcome pack. 

When you're ready to open your account, simply visit the Tipton App to find out more.

The balance after 12 months on an initial deposit of £1,000 with an interest rate of 3.95% Gross / AER (variable) would be £1,039.61.

This estimation is an example only and assumes:

• There are no additional deposits or withdrawals made;
• Interest is paid gross and added to the account on 31 December; and
• There is no change to the interest rate.

This estimation is only an example and does not take into account any individual circumstances.

When you're ready to open your account, simply visit the Tipton App to find out more.

You can open the account via the Tipton App only, available in the Google Play Store or Apple Store.

The account is available for anyone aged 18 or over.

Joint accounts cannot be opened. Only one account can be opened per customer.

To open and operate your account with the Tipton App, you will need to choose a bank account as your nominated bank account. This means all deposits into your Midlands Air Ambulance Saver must come from this nominated account. All withdrawals must also be sent to this nominated account.

The minimum amount to open this account is £100. You must have at least £100 in the account to keep it open. Withdrawals taking the balance below £100 will only be allowed when you are closing your account. Opening balances must be made by electronic payment from your nominated bank account and must be sent within 14 days of opening your account, or the account will automatically be closed. The maximum amount that can be held in this account is £100,000 per account.

You can add money to your account by electronic payment from your nominated bank account, and will be shown on your App transactions the next working day.

When you're ready to open your account, simply visit the Tipton App to find out more.

Withdrawals are limited to a maximum of three each calendar year. After your third withdrawal, no further withdrawals including closure of the account and withdrawal of any interest, will be available until the next calendar year.

You must give us 30 days' notice before any withdrawals are made, no early access is available. You can give notice to withdraw on the App, through our secure messaging service, or by calling us.

Withdrawals must be made by electronic transfer to your nominated account only and must be at least £100 per withdrawal. No cash withdrawals or internal transfers are available. No faster payment withdrawals are available. 

When you're ready to open your account, simply visit the Tipton App to find out more.

Interest is paid without tax deducted.

As well as earning interest on your savings, you will also be helping to support Midlands Air Ambulance Charity. Each year, we will make a payment to the Charity based on the average balances held in our Midlands Air Ambulance Saver accounts at no cost to you.

If you decide within 14 days of opening your account that it isn't the right account for you, you can have your money back without charge. We'll arrange to close the account and return your money to you or transfer it to another one of our savings accounts.

The Tipton offer a range of savings accounts on a non-advised basis. There may be another savings account which may have a higher rate of interest and/or be better suited to your personal needs. Please speak to a member of the team for other product information.

Interest rates explained:

• Gross means the contractual rate of interest payable.
• AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Issue date: 13 September 2024

When you're ready to open your account, simply visit the Tipton App to find out more.