Easy Access Account

Tiered rates

For balances of £10,000 and over, interest will be payable at the higher rate. For balances that fall below £10,000, interest will be payable at the lower rate. 

Variable rate

The interest rate on this account is variable, this means we may increase or decrease the rate of interest at any time. 

Notice of changes

For interest rate reductions, we will always give you at least 14 days' notice in advance of any changes being made. 

Interest payments

Interest starts to accrue when your cleared funds are received. Interest is compounded and paid into your Easy Access Account annually on the anniversary date your Account is opened.

Adding funds

The minimum opening deposit is £10,000 and the maximum is £2 million. You may place additional funds, ensuring they do not exceed the maximum balance. 

Withdrawals

You can request to withdraw funds at any time. Your funds will be repaid by the end of the next business day. 

Account holders

Once we have accepted your application, you will not be able to transfer into another person's name, add a person or remove a person.