Platinum Monthly Saver (Issue 3)

Fixed term account until 31.05.13
Earn up to 5.00% gross p.a./AER variable
Save conveniently by standing order each month
Save from £100 - £500 per calendar month
You will receive the higher rate provided that you miss no more than one monthly deposit and make no more than one withdrawal before the end of the fixed term.
The lower rate of 1.00% gross p.a./AER variable is paid if more than one deposit is missed or more than one withdrawal is made before 31.05.13
This product can only be opened and operated in branch
Please read the Key Product Information for this account before you apply

Interest rate payable if no more than one withdrawal is made and no more than one deposit has been missed before the end of the fixed term
Balance	AER	Gross p.a.	Net p.a.
£100+	5.00%	5.00%	4.00%
Interest rate payable when more than one withdrawal has been made or more than one deposit has been missed before the end of the fixed term
Balance	AER	Gross p.a.	Net p.a.
£100+	1.00%	1.00%	0.80%

For example, if you saved £500 a month for 14 months from 06.04.2012 for the fixed term without making any withdrawals, you earn £213.80 gross interest by the fixed end date based on the current variable rate of 5.00% gross p.a./AER.

Definitions of 'Gross' and 'AER' can be found in our glossary of terms.

Things you should know

You can make unlimited withdrawals but the lower rate of 1.00% gross p.a./AER variable is paid if more than one deposit is missed or more than one withdrawal is made before 31.05.13
Interest is paid annually on 31 May
The account is limited to one per customer
At the end of the fixed term the account reverts to an instant access account paying a variable rate of 1.00% gross p.a./AER (variable), with no restrictions on deposits or withdrawals

Please note when applying, if you are applying for an account and your initial investment is by cheque, please make sure your cheque is payable to yourself.

Opening:	Apply in branch. Open your account from £100
Pay money in:	By Standing Order or in Branch
Take money out:	Cash or Cheques

Click here to take a look at our account terms brochure.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Derbyshire Building Society is a trading division of Nationwide Building Society which is authorised and regulated by the Financial Services Authority under registration number 106078. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. You can confirm our registration on the FSA's website, www.fsa.gov.uk or by contacting the FSA on 0845 606 1234 . Head Office: Nationwide House, Pipers Way, Swindon, Wiltshire SN38 1NW. This site is intended for UK residents unless otherwise stated.