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Key Features

If you are in the position to be able to safely put away your money and only withdraw by giving 35 days notice, this notice account could be a good option for you.

Minimum deposit of £1,000 is required to open the account.
Maximum balance of £200,000 plus any interest that is added to the account.
Pay money in by cash or cheque in branch or by standing order or online banking.
Withdrawals can be made after 35 days notice has been given.
Cash withdrawals are not permitted.

For your comfort and privacy we open new accounts away from our counter and whilst we endeavour to do this on a drop-in basis, sometimes it is not possible so we would always recommend that you make an appointment at your local branch to avoid disappointment.

Summary of account

Account name

35 Day Notice

What is the interest rate?

The interest rate is variable. Interest is calculated daily and added to your account annually on the 31st March. Interest is paid gross without tax deducted.

0		Gross	AER
£0+		0.50%	0.50%

Can Vernon Building Society change the interest rate?

We have the right to vary the rate of interest at any time.

Please see section 10 of our General Savings Account Terms & Conditions brochure for a more detailed explanation which sets out when we can vary the interest rate and how and when we will notify you if this happens. A copy of this brochure is provided when you open the account with us.

What would the estimated balance be after 12 months based on a £1,000 initial deposit?

£1,005.00

This projection is provided for illustration only and does not take into account individual circumstances. This assumes an initial deposit of £1,000 and no further deposits or withdrawals have been made over the 12 month period and that the interest rate does not change.

How do I open and manage my account?

This account is available to UK residents only who live within a 25 mile radius of Stockport and are 18 years and above. Only one account per customer is allowed.

You can open and manage the account in branch or by post. Your transactions and balance will be printed in your passbook. Additionally, you can keep up to date by registering for our Online Services.

A minimum deposit of £1,000 is required to open the account.

The maximum balance is £200,000 plus any interest that is added to the account.

You can deposit by cash or cheque in branch or by standing order or online banking.

Can I withdraw money?

There is no minimum withdrawal amount for this account.

Withdrawals from the account can only be made after 35 days notice has been given in writing or via Online Services specifying the amount to be withdrawn. Where this falls on a non-working day the withdrawal is made on the next working day.

Withdrawals without notice are not permitted.

Withdrawals are paid by cheque or via Faster Payment directly to your nominated bank account or to another Vernon Building Society account in your name. Cash withdrawals are not permitted.

Please also refer to section 12 of the General Savings Terms & Conditions brochure for further information.

Additional information:

The information on this page forms part of the terms and conditions of the account and should be read in conjunction with our General Savings Account Terms and Conditions.

Apply for this account

By post

Vernon Building Society
19 St Petersgate
Stockport SK1 1HF

In branch

Branch Finder

Please note that this product is only available to investors that live within a 25 mile radius of Stockport.

Useful downloads

How we're different:

Great service. Friendly, professional and very good interest rates and deals. Ms A, Bollington

Thanks to the Vernon I'm now settled in my new home. Miss F, Hazel Grove

Thank you - one of the few companies with good old-fashioned service! Mr M, Cheshire

A pleasure to come into your Head Office. There is an air of quiet, friendly efficiency with no hurry or fuss. Mrs H, Heaton Mersey

We really valued not being directed to a call centre and found the Vernon to be professional and generous with their time. Mr & Mrs B, Newton Abbot

We would recommend the Vernon to anyone. Extremely professional, helpful and knowledgeable - outstandingly so! Mr & Mrs E, Altrincham

The Vernon gave us a simple explanation of the house buying process which we really appreciated as nervous first time buyers. Mrs C, Hyde

I have found the service to be excellent. Mr B, Heaton Moor

A very friendly, helpful, local process. Mr L, Cheadle Hulme

I would like to say a big thank you to the Vernon for the prompt and efficient way our application was dealt with. Mr & Mrs R, Cheadle

We have passed on details of the Vernon to friends. Mr B, Romiley

The personal service provided was very refreshing - being a name and not just a number on a PC screen. Mrs R, Bolton

A refreshingly good service. Mr P, Manchester

Excellent patient service. I would have no hesitation in recommending the Society to my friends - in fact I already have! Mr L, Richmond

I have had a good number of building society contacts over the years. The Vernon has by far been the best. Mr P, High Lane

I have been extremely impressed with the service of the Vernon and wouldn't hesitate to recommend. Mr A, Stockport

I would recommend Vernon Building Society to anyone seeking a mortgage. Ms C, Poynton

Excellent, friendly and helpful service. Mr P & Mrs C, Taunton

I would happily recommend the Vernon. I believe they really care about serving their customers. Mr G, Macclesfield

It is so refreshing to find a lender that just talks sense. Mrs M , Cheshire

I feel you are providing a personal service which is brilliant. Mrs C, Preston

The Vernon has a quality of service long lost in most banking organisations. Mr M , Cheshire

Every member of staff went above and beyond the call of duty and made me realise why I'm with the Vernon and not a bank! Mrs B, Stockport

I could find no fault with the service, everyone has been kind and helpful. Mrs B, Bury

Just a simple thank you for your professionalism. Mr P, Merseyside

Our experience with the Vernon Building Society has been a revelation. Mr & Mrs D, Nottingham

I have been very impressed with the Vernon and would definitely use them again and recommend them to friends. Mrs M , Offerton

A really good service - helpful, friendly and efficient with a good product. Mr G, Poynton

A refreshing change to deal with personal service and face to face dealings. Mr L, Stockport

An exceptional service. You are to be commended. Communication with us was superb and all were very helpful. Mrs J, Romiley

Far superior to the more well known institutions Mr B, Offerton

Coronavirus (COVID-19)

Key Features

Summary of account

Account name

What is the interest rate?

Can Vernon Building Society change the interest rate?

What would the estimated balance be after 12 months based on a £1,000 initial deposit?

How do I open and manage my account?

Can I withdraw money?

Additional information:

Apply for this account

By post

In branch

Useful downloads

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