Direct Saver

An easy access savings account that pays your interest yearly, to top up your savings.

Essentials at a glance

What's the interest rate?
4.00% gross/AER, variable (until 19 November 2024)
3.75% gross/AER, variable (from 20 November 2024)
Can you take money out?
Yes: no notice and no penalty
Will you pay tax?
Yes: tax on your gross interest
What's the min. to pay in?
£1
What's the max. to pay in?
£2 million per person

Great for you if …

  • You want to manage your account online or by phone
  • You want easy access to your savings
  • You want to give handy nicknames to your saving goals

Not for you if …

  • You want to manage your account by post
  • You want a fixed interest rate
  • You want a regular income from your savings
  • You want an account for a child

Direct Saver FAQs

Can't find what you're looking for?

Ready to apply?

Be sure to check our FAQs first, then we'll show you the Direct Saver summary box and customer agreement before you apply.

If you, or someone whose account you look after, need extra support we're here to help