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Local branch network

Branches in Mansfield, Sutton, Kirkby and Chesterfield.

Local and Loyal

Accounts available exclusively for existing members or residents of Nottinghamshire, Derbyshire or South Yorkshire.

A personal approach

We’re committed to developing a personal relationship with you.

We have 2 products available

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Regular eSaver 30 (1st issue)

Minimum Balance £10 per month +
Interest Rate (AER1/Gross2) 4.25%
Interest Payable Annually on 31 December
Withdrawals Withdrawals or closure are subject to 30 days notice.
Access Online only
 

Bonus Regular Savings (8th issue)

Minimum Balance £10 per month +
Interest Rate (AER1/Gross2) 5.85% variable (including a 1.85% bonus, reverting to 4.00% variable)
Interest Payable Annually on 31 December
Withdrawals 2 penalty free withdrawals per calendar year, subsequent withdrawals are subject to 90 days loss of interest
Access Post or Branch
Local and Loyal only
  • Good all-round service and friendly staff

    Smart Money People review, December 2023
  • Always a nice welcome and good customer service

    Smart Money People review, June 2024
  • My wife and I set up separate Regular Savings Accounts. It was all done online with no fuss, no hassle and minimal paperwork.

    Smart Money People review, February 2024
  • Easy to open account and follow up excellent

    Smart Money People review, January 2024

Ways to open your savings account

Our regular savings accounts are available either exclusively online (eSavers), or by branch or post.

Mansfield Building Society Interior Office

1. In Branch

Make an appointment at one of our branches and we’ll open it there and then.

Lady reviews and signs domestic finances document

2. By post

Complete an application form at home and send it to us through the post.

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3. Apply online

For our eSavers, simply click on the link from the product details and follow the online form.

What are our regular savings accounts suitable for?

Getting into the habit of saving regularly can help you become more financially resilient and enable you to make more of life. Here’s a summary of the key benefits and risks of our regular savings accounts.

Our regular savings accounts are suitable for:

  • Setting money aside each month to build up a larger amount over time
  • Saving for something special, such as a holiday or a car
  • Saving for a rainy day or regular annual maintenance, like a car service/MOT or a broken cooker

Our regular savings accounts are NOT suitable for:

  • Large deposits
  • Getting a fixed rate of interest
  • Making unlimited instant withdrawals

1. AER

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. AERs on the Monthly Income account assume interest is added to the account each month although in practice the option to have interest added in this way is not available.

2. Gross Rate

The gross rate is the contractual rate of interest payable without tax taken off.
If separate AER/Gross rates are not quoted, both rates are identical.

^Tax Free

Tax free means exempt from UK income and capital gains tax in the hands of the investor.

Understanding Savings

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