Simple, safe savings options
Easy-access accounts for day-to-day saving, or get a better interest rate by depositing money for a fixed term.
Reserve savings account
Easy access to funds
Open an account with as little as £1, $1 or €1 and enjoy same-day access to your savings without penalty or charge. The maximum balance is £10m, $15m or €10m.
Flexible money management
Manage your account and access funds online (personal accounts only), at a dedicated Banking Office or using Telephone Banking.
Competitive interest rates
Earn interest monthly on sterling accounts, and quarterly on euro and US dollar accounts.
Reserve account summary
To apply for this account, you must be a Personal client aged 16 or over.
How do I open and manage my account?
You can open and manage your account in branch, online or by phone.
Can I withdraw money?
Yes, easy access.
Can I have more than one Reserve account?
You can have more than one Reserve account at any given time in sole or joint names provided the total balances do not exceed £10m, $15m or €10m.
Wealth treasury deposits
Remember: Additions and withdrawals are not permitted during the term. There is no right to cancel a Wealth Treasury deposit.
A choice of currencies
Choose from several major currencies, including sterling, euros and US dollars. Once you’re set up you can’t add to, remove from, or cancel your deposit.
Fixed term deposits – up to 5 years
Set the length of your investment in advance – good for depositing money you know you’ll need at a particular time.
Fixed rate for the whole term
We set a fixed interest rate for you. It’s paid gross, either annually or on maturity, into a separate current or savings account