Online Only Accounts

Accounts for those who prefer to manage their money online. Check your balance, view your statements and make transfers online to your Nominated Accounts.

 

In the event that the balance falls below the minimum operating balance as stated within the relevant product details below, the basic savings rate of interest, which is currently 0.05% Tax-Free§ p.a/AER (variable) shall apply. These accounts are not Flexible Cash ISAs meaning any amount withdrawn cannot be replaced and will count towards your yearly ISA limit.

 

  • E-Saver (Issue 4)

    Interest rate:

    0.60% Gross p.a./AER (variable)

    • Interest paid: annually on 30 September (commencing 30 September 2018)
    • Minimum operating balance: £100
    • Maximum balance: £1,000,000 (£2,000,000 for joint accounts) plus accured interest to the account
    • Withdrawals: unlimited withdrawals can be made to your Nominated Accounts (as defined in the Online Conditions) subject to the minimum balance of £100 being maintained. Cash and cheque transactions are not permitted.

    The account may be closed for further deposits upon a minimum of 30 days written notice after which you will not be able to deposit further funds.

    Full details
  • E-ISA (Issue 4)

    Interest rate:

    0.60% Tax-free§ p.a./AER (variable)

    • Interest paid: annually on 30 September (commencing 30 September 2018).
    • Minimum operating balance: £1
    • Maximum balance: The maximum balance in the 2017/18 tax year is £20,000 (less any amount invested in a Stocks and Shares ISA and/or an Innovative Finance ISA and/or Lifetime ISA in the same tax year).
    • Withdrawals: unlimited withdrawals can be made to your Nominated Accounts (as defined in the Online Conditions) subject to the minimum balance of £1 being maintained. Cash and cheque transactions are not permitted.
    • Further deposits: may be made up to the applicable cash ISA investment limit in any tax year and you may transfer in previous years' investments whilst the product remains open

    The account may be closed for further deposits upon a minimum of 30 days written notice after which you will not be able to deposit further funds.

    Full details

Important information about our online facilities

  • Withdrawals to your Nominated Accounts made before 8pm on a working day will be available to the payee on the next working day.
  • When money is paid into your account, provided the payment is received by us between 7am and 7pm, you will be able to withdraw the funds that day.
  • These are online accounts and can only be opened and operated online.
  • The Society’s online savings service will be unavailable each day for 1 hour between 12 midnight and 1am while our systems update.