Online Only Accounts

Accounts for those who prefer to manage their money online. Check your balance, view your statements and make transfers online to your Nominated Accounts.

In the event that the balance falls below the minimum operating balance as stated within the relevant product details below, the basic savings rate of interest, which is currently 0.05% Gross p.a/ AER(variable) for non-ISA accounts and 0.05% Tax-Free§ p.a. / AER (variable) for ISA accounts, shall apply. The ISA accounts are not Flexible Cash ISAs meaning any amount withdrawn cannot be replaced and will count towards your yearly ISA limit.

 

  • Limited Issue Online Access ISA (Issue 7)

    1.38%

    Tax-free§ p.a./AER† (variable)

    Please note, if you opened this product between 04 October 2018 and 14 October 2018 inclusive, your interest rate will increase from 1.36% to 1.38% with effect from 15 October 2018. Any interest accrued from this date will be calculated in line with the new rate.

    • Interest paid: On maturity (01 December 2019).
    • Minimum operating balance: £1,000
    • Maximum operating balance: Deposit up to £20,000 in the 2018/2019 tax year. The maximum balance is £250,000 including 2018/2019 ISA funds, previous year ISA funds and accrued interest.
    • Withdrawals: Unlimited withdrawals can be made to your Nominated Accounts (as defined in the General Conditions) without notice or loss of interest, subject to the minimum balance of £1000 being maintained. Cash and cheque withdrawals are not permitted.

    This account is limited issue. This account may be closed for further deposits upon a minimum of 30 days' written notice after which you will not be able to deposit further funds.

    Full details
  • E-Saver

    Interest rate:

    0.60% Gross p.a./AER (variable)

    • Interest paid: Annually on 31 October (commencing 31 October 2018)
    • Minimum operating balance: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts) plus accrued interest to the account
    • Withdrawals: Unlimited withdrawals can be made to your Nominated Accounts (as defined in the General Conditions) subject to the minimum balance of £100 being maintained. Cash and cheque transactions are not permitted (except for your initial deposit, which may be made by cheque).

    The account may be closed for further deposits upon a minimum of 30 days written notice after which you will not be able to deposit further funds.

    Full details

Important information about our online facilities

  • Withdrawals to your Nominated Accounts made before 8pm on a working day will be available to the payee on the next working day.
  • When money is paid into your account, provided the payment is received by us between 7am and 7pm, you will be able to withdraw the funds that day.
  • These are online accounts and can only be opened and operated online.
  • The Society’s online savings service will be unavailable each day for 1 hour between 12 midnight and 1am while our systems update.