New Limited Access account
A balance of higher rates with flexible access
Want to save more and still have freedom to access your money when life happens?
Our Limited Access account gives you the best of both worlds – a higher interest rate than standard Easy Access, with the flexibility to access your money when you need it.
Why this account could be right for you:
You want higher returns but still need occasional access
You’re saving for a short to medium-term goal
You’re comfortable with a variable interest rate
You like structure to help you build healthy savings habits
Why this account might not be right for you:
You want frequent access to your savings
You want a guaranteed rate of interest
You’re saving for emergencies and prefer unlimited access
You want to save tax-free
How our Limited Access account works
Getting started
You can open your account online with as little as £1. Choose monthly or annual interest to suit your needs.
Making deposits
There's no limit on the number of deposits you can make.
Accessing your money
You can make up to 3 withdrawals per year, without having to give advance notice or wait for a fixed period. You can track your remaining withdrawals in your online banking and see the date your withdrawals limit will refresh for the next year.
Making more withdrawals
If you've used your 3 withdrawals and need to access your money again, you can make a final withdrawal – you'll just need to close the account. You can always open another Limited Access account after this.
Account limits
You can hold one Limited Access account per issue number.
Ready to get started?
You can apply online now. If you’re an existing customer, you’ll just need your 10-digit User Identification Number or Username to log in.
Apply now
Product details
Tier
Annual interest Gross PA*
Monthly interest Gross PA*
AER**
£1,000 - £10,000
4.11%
4.03%
4.11%
Your savings are protected up to £120,000 by the Financial Services Compensation Scheme (FSCS).
*Gross interest p.a. is the rate of interest paid without the deduction of tax per annum. Please note that the automatic deduction of tax on savings interest ceased with effect from 6 April 2016.
**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product will contain an AER you will be able to compare more easily what return you can expect from your savings over time.