Whether you are looking to save in the short term or you're investing for the future, our range of savings accounts will give you a variety of options.
Instant Access Saver
A savings account that combines tiered interest rates with instant access to your money. You can open this account with as little as £1 and it's ideal if you want regular access to your money. Variable rate of interest paid quarterly in March, June, September & December on the last working day of the month.
Variable rate of interest paid annually on 5th April or previous working day. For further information on this tax –free savings account visit the Cash ISA web page [click here]
A savings account for those under the age of 11 offering a great rate of interest with instant access (interest paid annually on 31st March) [click here]
A great savings account for those under 18, with instant access and a competitive rate of interest (interest paid annually on 31st March). [click here]
We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if we as a Bank fail to meet our financial obligations. In general, all retail depositors and businesses are covered by Deposit Guarantee Schemes. Exceptions for certain deposits are stated on the website for the Finanacial Services Compensation Scheme.
With effect from 30 January 2017, the deposit protection limit is in respect of deposits, an eligible depositor is entitled to claim up to £85,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £85,000 each, making a total of £170,000. The £85,000 limit relates to the combined amount in all the eligible depositor’s accounts with the Bank, including their share of any joint account, and not to each separate account.
For further information about the compensation provided by the FSCS (including the amounts covered and eligibility to claim) please call us on 020 7398 5400, refer to the FSCS website www.FSCS.org.uk or call the FSCS on 0800 678 1100 or 020 7741 4100. Please note only compensation related queries should be directed to the FSCS.