Phone: +44 1226 261 010,

Bank Account Pay Monthly

-Stay in control of your banking
A bundle of banking services to help you keep an eye on your money, available for fee of £15 a month.
-The Bank Account Pay Monthly Overdraft Service:
With Bank Account Pay Monthly, just like many of their other bank accounts, you can ask them to approve a formal overdraft facility. To help you manage your formal limit they'll send you text alerts to your mobile phone the morning after your balance reaches 60%, 80% or 95% of your overdraft limit.
Whether you have a formal overdraft limit or not you'll also be given a £50 'buffer' to help cover short term emergency borrowing. So you know where you stand, they won't agree to any payment requests that would take you over your formal overdraft limit and the £50 buffer and with Bank Account Pay Monthly they won't charge you any overdraft arrangement or return fees.
-Pay Monthly Money Calendar:
Access to a quick, interactive tool that can help you manage your money. It lets you take an objective look at your spending, identify your financial goals and gives you hints and tips on how to achieve them.
-Mobile Banking:
Receive free balance enquiries and mini-statements from a compatible mobile wherever you are, in association with Monitise™. Find out more about Mobile Money
-Regular Saver:
Bank Account Pay Monthly customers can enjoy a 4%AER/gross fixed rate for 12 months with their Regular Saver. Interest is calculated on the daily cleared balance and paid on the anniversary of account opening. You can save from as little as £25 up to a maximum of £250 a month and a maximum of £3000 by month 12. If you save less than £250 in any given month, you can carry over any unused subscription to the following months.
-AER: Annual Equivalent Rate:
This is a notional rate which illustrates what the Gross rate would be if interest were paid and compounded each year.
-Gross: The rate before the deduction of tax applicable to interest on savings.
current account
Please ensure you can answer YES to the following questions:

-Are you 18 years or over?
-Will you be paying at least £500 per month into this account? (Should you fail to make the £500 monthly payment required to maintain your account, they will eit
- Cash machines: Some cash machine owners in the UK may charge you for withdrawals. This will be shown on screen with an option to cancel the withdrawal if you want.
- Using your Debit Card abroad: The exchange rate that applies to any foreign currency


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