Savings Account

Features

• Instant access.
• A passbook based account which is ideal for short term savings.
• Wages, Salaries and other credits are accepted into a Savings Account, however, this type of account does not allow the payment of Standing Orders or Direct Debits.
• Interest is calculated on a daily basis on the cleared balance and is credited to the account twice yearly on 30th April and 31st October.
• Click here for current interest rates.
• Interest will be paid net of basic rate tax unless valid documentation is provided, entitling the holder(s) to receive interest gross of tax, or the deposit is for £50,000 or more.