Summary of key information

Instant Access Savings Account - Manage your savings by phone, online or at your local store.

Terms and conditions

Access your savings instore

Key information for our Instant Access Savings Account

A payee is the details of your nominated account; it is required to transfer money out of your account online.

Account Name Instant Access Savings Account
Interest Rates
(AERs)		 Tiered interest rates of up to 1.25% Gross/AER (variable).

Interest is calculated daily and paid monthly or annually as you choose. Interest will be paid on the last day of the month for monthly accounts and the last day in April for annual accounts.

Rates are changing on 1 August 2013.
Find out what this means for you.
Tax Status Interest is paid net of basic rate tax, depending on your status.
Conditions for Bonus Payment No bonus applies.
Withdrawal Arrangements Instant access without notice or penalty. Daily withdrawal limits apply (see below).

Customers can set up payee details over the phone once they've registered for Telephone Banking.

However, for security reasons you'll also need to register for our Online Banking service to set up and amend payee details online.
Daily Withdrawal Limits The maximum daily withdrawal limits for Instant Access Savings Accounts are as follows:

  • Telephone: You can withdraw all of your money over the phone
  • Online: £10,000
  • In-store (Customer Service Desk): £500
  • In-store (at checkout): £100
  • ATM: £300
Maximum daily withdrawal limits may change from time to time. We will notify you of these changes.
Access In order to access your account we recommend that you register for our Telephone and Online banking services.

A payee is the details of your nominated account; it is required to transfer money out of your account online.

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