Key features
- A flexible savings account that provides higher interest rates and instant access for larger balances, plus a monthly interest option.
- We calculate interest on the balance of your account at the end of each day. The more you save, the more you earn; we pay higher interest rates on larger balances.
- Take out cleared funds from your account at any of our branches, at any time and without interest penalty, providing your balance does not drop below £10,000 after the funds are withdrawn.
- For balances below £10,000 you choose between giving us 90 days' notice before taking money out of the account or taking out cleared funds from your account immediately and paying 90 days' interest penalty on the amount withdrawn.
- You only need £1,000 to open your account (£2,500 for monthly interest) and you can invest up to £500,000.
- You can draw your account down to just £1,000 (£2,500 for monthly interest).
- You can choose to have interest paid twice each year (30th June and 31st December) or monthly at the end of each month.
- Interest rates are variable and may change from time to time.
- We provide you with a passbook to help you keep track of your savings and interest.
