Peterborough United (POSH) Account
|£100 or over||0.25%||0.25%|
|£10+ (for aged 16 years and under)||0.25%||0.25%|
Rates effective from 02/09/2016
The more you save, the more your club receives
The Peterborough United (POSH) Account is the only savings account which generates a bonus for Peterborough United Football Club. Every year, Norwich & Peterborough pays a bonus to the club of 0.5% of the total amount saved by POSH fans.
It’s not just the club who benefits; you earn interest on your savings too.
We'll help your savings grow
- Save from £100 to £1 million (£10 minimum for account holders who are aged 16 and under)
- Interest paid annually
- Variable rate
Managing your account is easy
- Save in branch, by post or online (account cannot be opened online)
- No notice for withdrawals
Could be ideal if you…
- Need easy access to your savings
- Want to support your club
Key product information for our Peterborough United (POSH) Account
|Account name||Peterborough United (POSH) Account|
|Interest rates (AERs)||Variable rate.|
Please see Features & benefits tab for current interest rate.
|Tax status||Interest is paid gross*.|
|Conditions for bonus payments||No bonus is payable to the customer on this account. However, Norwich & Peterborough will pay a bonus to the club equivalent to 0.5% of the average total balance held in the account during the previous year.|
|Withdrawal arrangements||Easy access without notice or loss of interest.|
|Access||This account can be opened and operated at any of our branches or by post. It can also be operated via the internet.|
Whether you need to pay tax is dependent on your own personal circumstances and so may be subject to change in the future.
Read our savings fact sheet.
To keep your account open, you need to keep a balance of £100 (£10 if you are aged 16 or under).
The most you can have in your account is £1 million.
Easy transfers and withdrawals
You have access to your money whenever you like, without notice or loss of interest.
Interest will be paid annually on 1 January.
What if I change my mind?
At Norwich & Peterborough, we understand how important it is for you to be satisfied with your savings accounts. If you open a new savings account (other than a fixed rate bond) and within 14 days of opening it or the day on which you receive the terms and conditions (whichever is the later), you decide that it does not meet your requirements, we will transfer the balance to another Norwich & Peterborough account. This is called a 'cancellation' period. Alternatively, we will return the balance to you without any charge or notice being required. Any transfer or refund will be subject to the relevant funds having cleared. A period of at least four full Working Days, excluding the day you paid a cheque into your Account, must be allowed for cheques paid into the Account to clear. Occasionally, cheques may be returned unpaid after this period.
This cancellation period does not apply to fixed rate bonds.
If you do wish to change your mind please visit your local branch or call us on 0345 300 2511.