helping hand account
Are you a resident of one of the participating housing associations?
Click here for the summary box - key product information for this savings account .
The Helping Hand instant access account is only available to tenants of certain Housing Associations within County Durham, North Yorkshire and the Tees Valley. These are: Endeavour Housing Trust, Guinness Group, Home Housing Association, Places for People Group and Tees Valley Housing Group.
For more details about the account, and to find out if you are eligible to apply, please telephone 01325 366366, email us or contact your local branch.
- Account name:
- Helping Hand Account
- Minimum amount to open the account:
- £1.00
- Maximum Investment:
- £5,000.00
- Eligibility:
- To find out if you are eligible for a Helping Hand savings account please telephone 01325 366366, email sales@darlington.co.uk or contact your local branch.
Current interest rates
| Amount | Gross * | Gross AER # | Net * |
|---|---|---|---|
| £1+ | 0.10% | 0.10% | 0.08% |
Please make sure that you have read and fully understand the full terms and conditions before you decide to open this account. If you need any further information please telephone 01325 366366, email sales@darlington.co.uk or contact your local branch.
You should also read our general terms and conditions which you can download to the left of this page and which also form part of the terms and conditions of this account.
We are part of the Financial Services Compensation Scheme.
* - The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law, and the net rate is the rate of interest which would be payable after allowing for the deduction of income tax at the specified rate. Interest will be payable net after the lower rate of income tax has been deducted or, subject to the required certification, gross. Where the tax deducted exceeds an investor's tax liability (if any), a claim may be made to the Inland Revenue for repayment of tax. For individuals whose income falls within the lower or basic rate bands, the tax deducted will match their liability to tax on the interest and they will have no more tax to pay on it. Individuals who are liable at the higher rate of income tax of 40% will have to pay an additional tax on the interest to cover the difference between the tax deducted and the higher rate of tax due.
# - A.E.R. stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added once each year.
