Easy Access Accounts

The Newcastle's General Savings Terms & Conditions will apply unless they are inconsistent with these Special Conditions, effective from the date of the account opening.

1. The Account is a variable rate account.
2. The Account can be operated in branch, by post, or online.
3. The minimum investment in the Account is £1 the maximum is £250,000.
4. The account can be held in single or joint names.
5. After placing your Investment in the Account you may make unlimited further deposits or withdrawals subject to the minimum and maximum balances.
6. Withdrawals can be made without notice or penalty.
7. The Account is a limited issue and may be withdrawn to new applicants at any time and at short notice.
8. Interest is calculated daily and can be paid annually or monthly to your account, to another account with the Newcastle or to a third party bank or building society account.
9. ‘Account Anniversary’ means twelve months from account opening and each subsequent twelve month period.
10. Should the final day of a calendar month be a business day then any monthly interest paid to a third party will be paid on that day. Otherwise it will be paid on the following business day.
11. If any monthly interest payable is less than £1, it will not be paid away to a third party bank or building society account. The amount will be added to your Sir Bobby Robson Foundation Saver.
12. The Society will pay 0.10% of the average balance held in all Sir Bobby Robson Foundation Savers at the end of each month, to the Sir Bobby Robson Foundation annually. For illustrative purposes this translates as £10 per £10,000 invested each year.
13. Details are correct as at 17th April 2012.

The Sir Bobby Robson Foundation Newcastle upon Tyne Hospitals NHS Charity (Reg. 1057213).