Open a Seasonal Saver in any of our branches today

Whether you're looking to put away a little every month or the full amount of £300, our Seasonal Saver is a great way to encourage you to build up your savings steadily.

Account details

  • Branch-only savings offer

     

  • Perfect for building up your savings steadily

     

  • Open with £10 and save up to £300 every month


  • Fixed term which ends on 15th November 2022


  • Limited issue and may be withdrawn at any time


Summary table

Account name

Seasonal Saver Issue 2.

What is the interest rate and is it fixed?

Annual interest is fixed at 0.75% and is gross p.a./AER* until 15th November 2022.

Will I be taxed on the interest?

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.

Is there a bonus on this account?

No, there is no bonus payable on this account.

Can I withdraw money?

Withdrawals aren't allowed until the account matures on 15th November 2022.

How can I open an account with The Nottingham?

To open this account, call your local branch and speak to an adviser. All our branches are COVID-safe and practice safe social distancing with staff and members required to wear face masks. Our advisers will be able to discuss any concerns you may have. 

Additional information

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

Key product information

Download key product information

Discuss your savings in a COVID-safe branch

Call your local branch to discuss opening one of our accounts. All branches are COVID-safe and practice safe social distancing. Staff members are required to wear masks at all times.

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.

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Are you missing out on up to £1,000 a year?

If you're aged between 18-39 you could earn up to £1,000 per year in free cash from the Government (until your 50th birthday) to put towards your first home or retirement. For every £4 you invest, you will receive a £1 bonus

Opening an account

In order to open an account you must:


Managing your account

Paying money in

You can pay money into your account at any branch using cash, a cheque or standing order.

The minimum amount to open an account is £10. You can make more than one payment in a month but you must not pay in more than £300 in one calendar month. You can invest up to £5,100 whilst the account is still available.

Taking money out

As you won't be able to take any of your money out of the account until it matures please make sure you won't need access to it before then. The minimum balance in the account is £10.


Rates and account details

When will my interest be paid?

We will pay the interest into your Seasonal Saver on 15th November each year until it matures in 2022. It can be paid into your account, into another account with The Nottingham or to another bank or building society account.

Current interest rates from 21 Jun 2021

Balance Gross p.a./AER*
£10 - £5,100 0.75%

How do I open an account?

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.

Tax-free savings

Saving is even more rewarding when you don't pay tax on the interest you earn. Most people can already earn some interest from their savings without paying tax.

Types of savings accounts

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.