SavingsEveryone's better off when savings are made simple
Learn about Limited Access accounts
Select a notice period that suits you
Simply put, a limited access account offers you a better rate of interest if you don’t need access to your money straight away. The accounts are usually variable and you can add to them over time (unlike some of our fixed term accounts).
How do Limited Access accounts work?
Limited access accounts are quite simple – by giving us a notice before you take your money out each time, you could earn a higher rate of interest than with an easy access account.
Typically, limited access accounts offer access to your funds by giving notice, however some will allow withdrawals without giving this notice, subject to a charge equivalent to the number of days gross interest.
For example, where an account has 30 days notice to withdraw and you do not provide it, the charge will be 30 days interest on the amount that you withdraw.
How much can you earn?
The interest you will earn on your limited access account is dependant on a number of factors:
- The amount of money you deposit
- The amount of money you withdraw
- The interest rate
These factors should all be carefully considered when choosing which account is right for you.
Why choose a Limited Access Account?
- You get a better rate of variable interest than you would with an everyday access account
- You just need to give an agreed amount of notice before taking any money out
- You can choose an account with a notice period that suits you best
- The longer the notice period, the higher the rate of interest
- You can pay in money whenever you like
- You can open one of our limited access accounts in-store, by phone, by post or online.
Interested in a Limited Access Account?
Unfortunately, we aren't currently offering limited access accounts, but we can help you to find a savings account from our entire range if you’re still not sure what type of account you want.