Easy Access Account

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.