Instant Access Savings

*AER stands for annual equivalent rate. It shows how much the interest rate would be if the interest was worked out once a year. You can use it to compare different financial products.

Eligibility

To open an account you need to be:

• You’re aged 16 or over. (You need to be aged 18 or over if you want to apply online.)
• You're resident in the UK. You’ll also need to provide proof of your identity and address. If you’re not a UK, EU, EEA or Swiss national you’ll need a valid visa/residence permit.

Important: for Power of Attorney applications, please speak to a colleague for guidance on what we will require.

What you need to open your account

Our savings promise

We promise to give you our best available rate – always. If we launch a new account with the same features but a better rate, we’ll automatically upgrade you to it.

Your savings and tax

Since 6 April 2016, you can earn up to £1,000 a year on your savings tax-free if you pay the basic rate of tax and up to £500 a year if you pay the higher rate of tax. This is called your Personal Savings Allowance. Interest on your savings is now paid without tax being taken off. The interest from ISAs doesn’t count towards your Personal Savings Allowance.

Charges for banking services

If you ever need us to issue you a banker's cheque, we will charge a small fee. Each cheque costs £15.

Get all the details to read at your leisure

Download our PDF to read when you like - it contains all the ins and outs of our Instant Access Savings account.

Instant Access Savings Account Details (PDF)(747KB)

Our Service Relationship with Personal Customers (PDF)(1.2MB)

Ready to apply?

Apply online now  Find your nearest store

Already started an application and would like to resume? Yes, resume application.