Savings and Investments
 

Online Saver

Save your time by saving online

Our Online Saver account makes saving easy. You can manage your account 24 hours a day, 365 days a year.



Account features
  • Online access to your account.
  • Interest rate includes a 1.25% bonus for the first year.
  • £5,000 minimum investment and account balance (£1,000,000 max).
  • £100,000 maximum withdrawal per day (£1 min).
  • Variable Interest Rate.
  • Interest paid to the account on 30 June.
  • Please read the Key Product Information for this account before you apply. 

Conditions

  • 2 withdrawals permitted per year, account converted to an iSaver on 3rd withdrawal.
  • 16yrs minimum age.
  • 1 account per customer.
  • 1st Deposit must be by cheque.
  • Future deposits paid by Standing Order.
  • Withdrawals to be made to your nominated bank account.
Annual gross p.a./AER
Interest rate includes a 1.25% bonus for the first year   2.65%
Interest rate after year one   1.40%
View previous rates

Definitions of 'Gross' and 'AER' can be found in our glossary of terms.

How it works

Opening: Apply online and open your account from £5,000
Pay money in: Opening investment must be by cheque.  Further payments by electronic transfer, including Standing Order (form available here), BACS or CHAPS.
Take money out: By electronic transfer to a nominated account. Minimum withdrawal amount £1. Maximum amount £100,000 per working day. 1 withdrawal per working day
Easy to manage: Access your account whenever you want via the internet, 24 hours a day, 365 days a year

For more information on the features and conditions relating to all our online accounts, please read the Online Savings Questions and Answer section and for more detailed information, our Online Savings Account Brochure.

Once you have decided the account is right for you simply apply online and complete the quick and easy application form. All the details will be explained to you as you go.

If this is the first account you have online with us, once your Online Saver is opened, we will write to you with your account number, User ID and Activation Key. You will then be able to log in using your security information and manage your account online at any time. If you already hold an online account, your new Online Saver will simply appear in your Account Summary when you next sign in.