Personal Easy Access Account (Issue 1): 3.78% AER

Oxbury can make changes to your interest rate. Where your balance is over £100, any reductions in the interest rate will be communicated to you providing at least 14 calendar days’ notice. Where we increase your rate or we decrease it when you have a balance below £100, we’ll usually make the change immediately and notify you as soon as possible. Our Deposit Terms and Conditions set out the circumstances when we may change the interest rate, such as where our cost of funding increases as a result of changes in the Bank of England base rate.

Please note this account is NOT linked to the Bank of England base rate so fluctuations in the base rate will not automatically be reflected in the interest rate applicable to your account.

The above example shows the estimated balance after 12 months on deposits of £1,000 and
£50,000 and is for illustrative purposes only, it does not take account of your individual
circumstances and assumes that:

• The account is opened with the amount stated and interest starts being earned straight
  away
• No further deposits or any withdrawals are made
• The accrued interest is credited monthly to your Personal Easy Access Account (Issue 1)
• The interest rate does not change

To open this account you need to:

• Agree to this Product Summary and our Deposits General Terms and Conditions, including Part B of the Deposits General Terms and Conditions, which apply to your Personal Easy Access Account
• Be an individual aged 18 or over
• Have a UK current bank account in your name; this will be the account you use to make payments in and out of this Personal Easy Access Account and is known as your ‘Linked Account’
• Be resident in the UK (including for tax purposes). Our accounts cannot be held in trust or by US Persons (meaning US citizens, residents, green card holders or taxpayers in respect of their worldwide income)
• Apply from a desktop, laptop or tablet device
• Make your initial deposit within 90 days of opening the account; if the minimum deposit balance of £1,000 is not met during this period, your account will automatically close, and any funds deposited returned to you

If you change your mind within 14 days of opening your account and wish to close it, we will return any money you have paid into your Oxbury account back to you and then close it.

To manage your account:

• You can contact us and send instructions in relation to your account using Oxbury Online Banking or the Oxbury App, we cannot accept instructions via any other communication method unless in exceptional circumstances
• You must have a smart phone or tablet, running as a minimum iOS 12.4 for iPhones and Android 7 (Nougat) for Android devices. This is because you will need to use the Oxbury App to either send us instructions or provide verification of your identity when accessing your account using Oxbury Online Banking
• Access to Oxbury Online Banking and the Oxbury App is restricted in certain countries, see the FAQ page on our website for additional information
• The maximum amount that can be held in the account is £500,000. We will allow balances to exceed the maximum amount where it is a result of interest paid into your account. We will, however, return other deposits that take your account over its maximum limit

• YES. You can close your account and / or withdraw up to the full balance of your account subject to our cut-off times:
  • You will be able to close your account, make a withdrawal to your Linked Account or transfer to another of your Oxbury Accounts, provided your instruction is received before 1.00pm on a Working Day and passes our payment validation requirements
  • Any instructions received after the cut-off time will be processed on the next Working Day
• You will receive your money into your Linked Account by the end of the Working Day your instruction was processed
• You cannot cancel an instruction on the day it is due to be processed

AER stands for Annual Equivalent Rate and illustrates the interest rate if it was paid and compounded once each year.

Accounts can be withdrawn from sale at any time and without notice.

We pay all savings interest gross, which means no tax is deducted.

If you have any questions visit our website at www.oxbury.com or email savings@oxbury.com.
We are open Monday to Friday 9:00am – 5:30pm, except bank holidays.