Why choose a limited withdrawal savings account?
If you keep within withdrawal restrictions, you may enjoy a higher variable interest rate with a limited access account. So if you don’t need instant access to your money for a period of time, you may get a better return on your money.
With our Suffolk Savvy Saver, interest is calculated in tiers. When your balance increases, and moves into the higher interest rate tier, your new rate is based on your entire balance. If you drop into a lower tier after making a withdrawal, the lower tier rate is paid.
Please note that our savings products and deposit accounts are only available to existing members or new applicants resident in our local postcode areas IP, NR, CO, CM, CB and PE.
For previous rates, please click 'View previous rates' located under the current rate table.
Suffolk Savvy Saver (2) Refer to Summary Box Limited Access and Bonds (Variable rate) - Variable tiered interest rate Blyth Bond (16) 1.25% Gross*/AER** Limited Access and Bonds (Fixed rate) - Fixed rate until 30 June 2020 Blyth Bond (17) 1.40% Gross*/AER** Limited Access and Bonds (Fixed rate) - Fixed rate until 30 June 2021 Suffolk Day Bond 1.60% Gross*/AER** Limited Access and Bonds (Fixed rate) - Fixed rate until 31 July 2022Our bonds and limited access savings accounts
Account Name Interest Rate Account Type Key Details
- 1 penalty free withdrawal per year
- Minimum balance £1,000
- Charity support account - see Summary
Box for more information
| Useful Downloads | Download |
|---|---|
| Financial Services Compensation Scheme (FSCS) Information Sheet |  |
| Identification details - documents required when opening an account |  |
| Customer Information - outlines procedures for opening and using our savings accounts | |
| General Investment Terms & Conditions - applies to all savings accounts with the Society | |
*Gross
The amount paid with no income tax deducted
**AER (Annual Equivalent Rate)
A notional rate which illustrates what the gross rate would be if the interest was paid and compounded once per year
