Easy Access Account
Life can be unpredictable, so stay in control of your savings with an account that offers flexibility and growth. Access your money with ease while earning interest.
Key features
Tiered rates
If your balance is £10,000 or more, you'll receive the higher interest rate. If your balance is less than £10,000, you'll receive the lower interest rate.
Variable rate
The interest rate is variable, so it can go up or down at any time.
Notice of changes
If we lower the interest rate, we'll let you know at least 14 days before it happens.
Interest payments
Interest begins to add up once your cleared payment is received. It is calculated and added to your Easy Access Account once a year, on the anniversary of when you opened the account.
Adding funds
You need to deposit at least £10,000 to open the account, and you can deposit up to £2 million. You can add more money later, but the total balance can't go over £2 million.
Withdrawals
You can request to withdraw money at any time. Your money will be repaid by the end of the next business day.
Account holders
Once your application is accepted, you cannot change the ownership of the account, by adding or removing anyone.
If you're looking to deposit over £1 million, get in touch with us so we can discuss your options.
This account could be right for you if…
- You want a variable interest rate that may go up and down
- You want the option to top up your account
- You want access to your funds without restriction
You should consider another account if…
- You want a fixed rate
- You want a tax-free savings account
Additional information
AER stands for Annual Equivalent Rate and illustrates the interest rate you would earn from a savings account over the course of a year, and it takes any compounding of interest into account.
Gross PA means Gross Per Annum, which shows the interest rate payable without tax deducted.
Key features
Tiered rates
If your balance is £10,000 or more, you'll receive the higher interest rate. If your balance is less than £10,000, you'll receive the lower interest rate.
Variable rate
The interest rate is variable, so it can go up or down at any time.
Notice of changes
If we lower the interest rate, we'll let you know at least 14 days before it happens.
Interest payments
Interest begins to add up once your cleared payment is received. It is calculated and added to your Easy Access Account once a year, on the anniversary of when you opened the account.
Adding funds
You need to deposit at least £10,000 to open the account, and you can deposit up to £2 million. You can add more money later, but the total balance can't go over £2 million.
Withdrawals
You can request to withdraw money at any time. Your money will be repaid by the end of the next business day.
Account holders
Once your application is accepted, you cannot change the ownership of the account, by adding or removing anyone.
More information
Our savings guides
Here you will find useful information to learn more about our products and help you to choose from our range of savings accounts.
Historic interest rates
Here you will find all the interest rates we have previously offered. This may help you to find the rate for a product you currently hold with us.
Financial Services Compensation Scheme (FSCS)
Your eligible deposits held by a UK establishment of Close Brothers Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.
For further information, visit www.fscs.org.uk