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Branch Instant Issue 2
Open with £1
Branch Instant Issue 2.
Annual interest 1.60% gross rate p.a./AER* The interest on this account is variable, this means that it can go up or down. The basis on which we might change your interest rate is set out in our terms and conditions.
We will pay your interest without tax taken off. It is your responsibility to declare any interest you earn over your personal savings allowance directly to HMRC. Your tax treatment will depend on your individual circumstances and may be subject to change in the future. For further information please contact HMRC.
You will need £1 to open an account and the balance must not fall below that amount. You can invest as much as you like up to £750,000.
Yes, you can make as many unlimited penalty-free withdrawals as you wish.
To open an account you must be 7+ and meet our ID requirements. Call your local branch and speak to an adviser who can book an appointment for you.
There are other savings accounts available with The Nottingham and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point.
This account may be withdrawn at any time. You can read our savings terms and conditions here.
Your eligible deposits with Nottingham Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. More information is available here.
Open a savings account today
To open an account, call your local branch and speak to an adviser who can book an appointment for you. If you'd prefer to open an account online, take a look at the accounts that our friends over at Beehive Money currently have.
Call your nearest branch
See Beehive's savings accounts
Your savings are protected
Your eligible deposits with Nottingham Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme.
More information available here
Or visit fscs.org.uk
For ISAs*We will pay your interest free of UK income tax. Your tax treatment will depend on your individual circumstances and may be subject to change in the future. The tax treatment of ISAs may also change. AER stands for Annual Equivalent Rate. It shows what the interest rate would be if the interest was reinvested in the account each year. Interest rates are variable unless otherwise stated.
For non ISAs*We will pay your interest without tax taken off. It is your responsibility to declare any interest you earn over your personal savings allowance directly to HMRC. Your tax treatment will depend on your individual circumstances and may be subject to change in the future, for further information please contact HMRC. AER stands for Annual Equivalent Rate. It shows what the interest rate would be if the interest was re-invested in the account each year. Interest rates are variable unless otherwise stated.
Use our savings calculator to find out how your savings might grow over the months.
To open one of our savings accounts call your local branch to speak to an adviser. They'll talk you through the process of opening a branch based account.
With so many different types of savings accounts, it can be difficult finding the right one for you. Our savings guide explains the different accounts.
Scratching your head about savings? Take a look at questions that our members frequently ask us, which you might also find helpful.