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Savings & Investments
Donny Rovers Saver
Both you and Doncaster Rovers are winners with the Donny Rovers Saver account from Leeds Building Society!
The Donny Rovers Saver is a savings account that offers you great rates and access to your money - whilst supporting the Club. Each year, Leeds Building Society will make a donation to the Club equivalent to 1% of the total balances held in the account - and it doesn’t cost you a thing!
The more you save, the more the Club receives - and with tiered interest rates - the higher the interest you receive on your savings.
| Summary Box Key Product Information for our Savings Account(s) |
|
|---|---|
| Account Name | Donny Rovers Saver |
| Interest Rates (AERs) | See the "How much interest will I earn?" table below. |
| Tax Status | The gross rate(s) of interest shown will be payable net of the appropriate rate of income tax (which may be reclaimed by non-taxpayers) or, subject to the required certification, gross. The tax treatment depends on the individual circumstances of each customer and may be subject to change in the future. |
| Conditions for bonus payment | There is no bonus available on this account. |
| Withdrawal arrangements | All Account holders - Unlimited withdrawals
of £100 and over may be made without notice or loss of interest, subject to the minimum operating
balance of £100 being maintained. Account holders aged 12 to 17 - In addition to the withdrawal restrictions applicable to all account holders, one withdrawal a week of between £100 and £250 may be made and must be signed for by the account holder, subject to the minimum operating balance of £100 being maintained. Withdrawals over £250 and additional withdrawals in a week must be signed for by both the account holder and the authorised signatory. Account holders under 12 - In addition to the withdrawal restrictions applicable to all account holders, all withdrawals must be signed for by the authorised signatory. |
| Access | Account can be opened and operated through any of our branches or by post. |
How much interest will I earn?
| Investment | Annual Interest % Gross§ p.a./AER† (Variable) |
|---|---|
| £10,000+ | 1.50 |
| £5,000+ | 1.00 |
| £1,000+ | 0.55 |
| £500+ | 0.30 |
| £100+ | 0.10 |
Rates correct as at 1 July 2011.
Other Product Features:
Minimum and maximum investment and operating balance:
The minimum investment and operating balance is £100 and the maximum investment and operating balance is £1,000,000.
When is interest paid?
Interest is paid annually on 30 June.
How is interest paid?
Interest can either be credited to the account or transferred either to another building society/bank account or to another account held with the Society, provided any such account is in the name of the account holder.
