Easy access savings accounts for short term saving
If you want to save a little regularly, or need somewhere to place some funds in the short term, then you may consider one of our easy access savings accounts. Our Everyday Saver keeps it simple for people who need to withdraw money at short or no notice.
The amount of interest you generate from your easy access savings account is dependent on how much you save and withdraw, and on the variable interest rate. You have the flexibility to pay into your savings as regularly as you need to, and many of our members have set up a direct debit from their current account to do just that - it can be a great way to kick-start your savings by calculating how much you can put by after outgoings and expenses. An instant access account means no notice is required, nor is there a penalty or restrictions for making withdrawals.
Alternatively, if you want the freedom to withdraw, but don't need to access your funds multiple times, you may wish to consider other options which allow a set number of withdrawals - such as our Mutual Advantage and Member Reward Saver accounts.
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 a quick page-to-view comparison of all our personal savings products and interest rates please click here.
For previous rates, please click 'View previous rates' located in the Summary Box section of each product.
Our easy access savings accounts
| Account Name | Interest Rate | Account Type | Key Details | |
|---|---|---|---|---|
Everyday Saver | 0.10% Gross*/AER** | Easy Access (Variable rate) | - Variable rate | |
Member Reward Saver | 0.45% Gross*/AER** | Easy Access (Variable rate) | - Variable rate |
| Useful Downloads | Download |
|---|---|
| Savings Interest Rates Leaflet - interest rates and summary of terms for all of our personal savings products |  |
| 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 | |
| Standing Order Form - to make regular payments from your bank to your Society account, please print this form, fill in the details and post it to your bank. If you are not using this form, our bank details are: Account number: 00004000 Sort Code: 23-44-48 Roll No/Ref No: IMPORTANT - please quote your 9 digit Society account number |
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*Gross - The amount paid with no income tax deducted.
For more information on your Personal Savings Allowance, please refer to www.gov.uk.
**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
