Deposit Account
Apply Online using the link below
Please note applications are online only. Access to your account upon successful application is by post or phone.
Benefits
- Open an account with as little as £1
- Maximum balance £100,000
- Set up regular payments into your account
- Make payments when you can
- Easy access to your money
- Withdrawals can be made without notice or loss of interest *
Summary Box Key Product Information for our Savings Account(s) |
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Account name | Deposit Account |
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Interest rates (AERs) | Variable Interest Rate | |||
Balances in the range(s) | Gross Rate % p.a | Gross A.E.R % | Net Rate % p.a | |
Up to £24,999.99 | 0.25 | 0.25 | 0.20 | |
Over 25,000 | 0.50 | 0.50 | 0.40 | |
Interest is credited quarterly on 31st March, 30th June, 30th September, 31st December. |
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Tax status | Interest will be paid after tax deduction at the prevailing rate specified by law for the current tax year. We will pay interest without deducting tax if we have accepted a relevant HM Revenue and Customs (HMRC) R85 declaration(s). |
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Conditions for bonus payment | No bonus payment | |||
Withdrawal arrangements | Withdrawals are permitted without penalty |
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Access | Phone /Post |
*Click here to download the Terms & Conditions