Useful information

Loyalty Saver - Overview

An account that pays an annual conditional bonus if you make no more than four withdrawals in an annual period.*

* To simplify the Loyalty Saver account a simplified rate table will apply from June 16th, where both the bonus interest component and the related maximum 4 withdrawals in a year condition have been removed.

Loyalty Saver Text Top

* To simplify the Loyalty Saver account a simplified rate table will apply from June 16th, where both the bonus interest component and the related maximum 4 withdrawals in a year condition have been removed.

  • Minimum Balance - 2,000. If the balance on the account falls below the minimum balance, the nominal rate of 0.01% Gross/AER (variable) will apply.
  • Maximum Balance - 1,000,000. Suitable for lump sum savings.
  • Watch your money grow - make lodgements whenever you want or set up a monthly Standing Order to help to build your savings.
  • Easy Access - your money is there when you need it, you can manage your account through our Anytime Internet & Telephone Banking* or in branch.
  • Conditional Annual Bonus - Make no more than four withdrawals in an annual period** and you'll receive bonus interest in addition to standard interest. If you open your account during an annual period, the bonus interest, if applicable, will be paid on a pro-rata basis. If you close your account during an annual period, the bonus interest will not be paid.

    Important information:

    To simplify the Loyalty Saver account both the bonus interest component and the related maximum 4 withdrawals in a year condition will be removed from June 16th.
  • Interest payment - interest (including bonus interest) is calculated daily and paid into your account each January. Bonus interest will not be paid if you make more than four withdrawals in an annual period.

Anyone over 18 can open a Loyalty Saver account, but you must be over 18 and resident in the UK to open the account online or over the phone.

Gross is interest rate paid before the deduction of tax.

Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year.

Apply online
OR

Call 0800 046 6486

Lines are open:
Mon - Fri 8.30am - 7.30pm,
Saturday 9am to 2pm,
(excl. bank holidays).

Calls may be recorded.

OR
Request a call back

Note: The earliest we can
call you back is the next
working day and will be between:
Mon to Fri 8:30am to 7.30pm,
Saturday 9am to 2pm,
(excl. bank holidays).