Bonus Access ISA | |
---|---|
Interest rate gross/tax-free p.a./AER* | 4.05% |
Type of account | |
Withdrawals | Unlimited |
Open with | £10 |
Open and manage |
|
More details |
Bonus Access Saver | |
---|---|
Interest rate gross/tax-free p.a./AER* | 4.05% |
Type of account | |
Withdrawals | Unlimited |
Open with | £1,000 |
Open and manage |
|
More details |
Triple Access Saver | |
---|---|
Interest rate gross/tax-free p.a./AER* | Conditional bonus rate: 3.50% Standard rate: 2.10% |
Type of account | |
Withdrawals | Three withdrawals per interest year |
Open with | £500 |
Open and manage |
|
More details |
Triple Access ISA | |
---|---|
Interest rate gross/tax-free p.a./AER* | Conditional bonus rate: 3.50% Standard rate: 2.10% |
Type of account | |
Withdrawals | Three withdrawals per interest year |
Open with | £500 |
Open and manage |
|
More details |
Branch Flexible Saver | |
---|---|
Interest rate gross/tax-free p.a./AER* | 2.05% |
Type of account | |
Withdrawals | Unlimited |
Open with | £1 |
Open and manage |
|
More details |
Account Name | Interest rate gross/tax-free p.a./AER* |
Type of account | Withdrawals | Open with | Open and manage | |
---|---|---|---|---|---|---|
Bonus Access ISA |
4.05% |
|
Unlimited | £10 |
|
More details |
Bonus Access Saver |
4.05% |
|
Unlimited | £1,000 |
|
More details |
Triple Access Saver |
Conditional bonus rate: 3.50% Standard rate: 2.10% |
|
Three withdrawals per interest year | £500 |
|
More details |
Triple Access ISA |
Conditional bonus rate: 3.50% Standard rate: 2.10% |
|
Three withdrawals per interest year | £500 |
|
More details |
Branch Flexible Saver |
2.05% |
|
Unlimited | £1 |
|
More details |
An easy access (or instant access) account is a type of savings account with minimal restrictions, so you can reach your money as and when you need to. While the interest rate applicable is generally lower than some savings accounts, easy access savings accounts can be more flexible.
Here at Nottingham Building Society we offer a variety of different easy access savings accounts, including regular savers and children's savings accounts.
While many savings accounts (like fixed term bonds) require you to deposit your money for a set amount of time, easy access savers make it easier for you to get to your money when you need it, without incurring penalties.
When the money in your account earns interest, you won’t be taxed on it providing it falls within your Personal Savings Allowance. If you earn over your Personal Savings Allowance however, it’s up to you to declare this directly to HMRC. Bonuses are still up for grabs on several of our easy access savings accounts although this might mean capping the number of withdrawals you make per year.
The rate of interest your money earns in an easy access savings account is variable, so it can fluctuate according to rates in the wider economy. Although you can make withdrawals as often as you’d like with each of our easy access accounts, bonus payments are conditional on a maximum of two withdrawals per year.
The amount you can save in an easy access account will depend on the type of easy access account it is. Some of our easy access savings accounts allow you to deposit up to £500 per calendar month. Other easy access accounts will allow you to save up to £750,000.
You can make as many withdrawals as you’d like when it comes to easy access savings accounts. However, if your account has a payable bonus, your withdrawals could be limited per calendar year.
Yes, your money is safe in one of our regular savings accounts. The Financial Services Compensation Scheme (FSCS) is there to protect your money if your financial services provider goes out of business; you’ll normally get your money back within seven days. All of our savings accounts are FSCS protected up to £85,000 per depositor. FSCS is funded by the financial services industry, and is free to consumers.
The date interest is paid depends which of our easy access savings accounts you go for and interest on our savings accounts are paid annually.
As a mutual building society, you own us, not shareholders. That means we pass our profits and extra benefits directly to you instead of paying dividends.
To open this savings accounts call your local branch to speak to an adviser to book an appointment. You cannot open or manage this account online.
Scratching your head about savings? Take a look at questions that our members frequently ask us, which you might also find helpful.