Key Features

• Variable interest rate of 3.50% gross* p.a./AER**
• No notice withdrawal
• Minimum balance required to keep the account open is £5.
• Interest payable on 31 December
• Statements issued annually in January
• Voting right available (1)

*We pay all savings interest gross, which means that no tax is deducted. It's your responsibility to pay any tax due, based on your individual circumstances. Tax rules may change in future.

**AER stands for Annual Equivalent Rate and provides a means of comparing interest rates by showing what the rate would be if interest was paid and added once a year.

1) Voting rights are available to those individuals aged 18 or over whose account balance was not less than £100 between the Society’s previous financial year end (or other date as specified in the rules) and the date of voting.