Interest is paid on a tiered basis which means you'll earn one rate on your entire account balance. Interest is calculated daily and paid annually on the first business day in January and at account closure.

These are only examples and do not take into account your individual circumstances. They assume that: no further deposits or withdrawals are made; there is no change to the interest rates or tiers; and any interest earned stays in the account.

Yes, these rates are variable. If the rates are going down and your balance is £100 or more, we'll give you at least 14 days' notice. If the rates are going down and your balance is less than £100, we'll inform you before the change or shortly afterwards. If the rates are going up, we'll inform you before the change or shortly afterwards. For more information please see the Savings Account Terms (PDF, 120KB).

• You must be a UK resident aged 16 years or over and an Ulster Bank current account holder.
• We will need an email address and mobile number to open your account.
• If you don’t live in Northern Ireland, the account can only be opened online.
• To open in branch, you'll need to bring your own digital device such as a mobile or tablet, and our staff can assist you with opening the account.
• Managing your account:
• You must register for the Anytime Internet Banking services to manage your account via online, telephony or on the mobile app.
• You can pay money in by transfer from a current account or savings account in your name held with us or held with another bank (online, by telephone or on the mobile app).
• No minimum deposit is required to open the account; no minimum deposit needs to be made on a regular basis; and there is no maximum balance limit.
• You can use Round Ups with Loyalty Saver if you have a current account with us.

Yes, you can withdraw or transfer to any other account based in the UK (up to the daily limits).

You'll need Anytime Internet Banking to withdraw or transfer money online. You can do this via the phone and app too. If you don't have a card with your account, you'll need to order a card reader and an Anytime Internet Banking card and PIN to make payments securely.

Remember, you'll need to enable the card reader to make payments online. Once you are set up, you can withdraw money however you like.

If you live in Northern Ireland, you can also withdraw money in one of our branches.

Annual Equivalent Rate (AER) shows the interest rate if interest is paid and compounded once each year. AER helps you to compare the rates of interest on different accounts.

Compound interest is interest that is earned on interest that’s already been paid.

Gross means the interest rate you are paid on your savings with no compounding.

p.a. per annum (per year).

Tax-free.  We pay all savings interest without the deduction of tax.  You do not pay any UK tax on interest earned in ISAs. You may have to pay tax on interest earned in non-ISA accounts depending on your Personal Savings Allowance. The tax treatment may be subject to change in the future.

A guide to personal accounts fees and interest (PDF, 5847KB)

Savings Account Terms (PDF, 120KB)

FSCS Information Sheet and Exclusions List (PDF, 136KB)

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

As part of the checks that we will complete to verify your identity, we’ll take an image of your face so that it can be compared with your photo ID and this biometric data is captured.