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% Tax-Free§ p.a/AER (variable) shall apply. These accounts are not Flexible Cash ISAs meaning any amount withdrawn cannot be replaced and will count towards your yearly ISA limit.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 3)

    1.11% Tax-free§ p.a./AER† (variable)

    • Interest paid: on maturity (31 January 2019)
    • Minimum operating balance: £1,000
    • Maximum operating balance: The maximum you can deposit is £250,000 including 2017/2018 ISA funds, previous year ISA funds plus accrued interest credited to the account. The maximum you can deposit in the 2017/18 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA and/or Lifetime ISA in the same tax year).
    • Withdrawals: unlimited withdrawals to your Nominated Accounts (as defined in the Online Conditions) can be made without notice or loss of interest subject to the minimum balance of £1,000 being maintained.

    This account is limited issue. Once the account is open, you can transfer in previous ISA investments (including 2017/18 ISA funds deposited with another institution) provided these are not from an Innovative Finance ISA, or you can deposit new funds. 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
  • Limited Issue Online Access Account (Issue 6)

    1.05% Gross p.a./AER (variable)

    The maximum amount you can deposit is £250,000 (£500,000 for joint accounts) plus accrued interest credited to the account.

    • Interest paid: On maturity (31 January 2019)
    • Minimum operating balance: £1,000
    • Maximum balance: £250,000 (£500,000 for Joint Accounts) plus accrued interest credited to the account.
    • Withdrawals: unlimited withdrawals to your Nominated Accounts (as defined in the Online Conditions) can be made without notice or loss of interest subject to the minimum balance of £1,000 being maintained.

    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

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.