• Easy account opening

    Apply online 24/7 and start saving with as little as £100.

  • FSCS Protected

    Deposits fully protected up to £85,000 per eligible person.

  • Rated "excellent"

    Our personal savings customers rated us excellent on Trustpilot.

Key features

  • The interest rate on our Easy Access Account is variable
  • The minimum deposit required is £100
  • You can choose to open this account in your sole name or jointly with someone else
  • Add to your savings whenever you like
  • Unlimited withdrawals - access your money whenever you need it, without restriction or loss of interest
  • Cooling off period - if you change your mind within 14 calendar days of opening your account, we’ll cancel your account and return your money without penalty or notice
Child and grandparent planting flowers

Easy access account

Interest rate (AER*)

  • 4.50% Variable

*AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.

Minimum opening balance

£100

Suitable if you

  • Don't want to lock your money away
  • Want to be able to add and withdraw money whenever you like
  • Want a competitive variable interest rate

Please read the Easy Access Account Summary Box and Personal Savings Terms and Conditions before you open an account.

To view all current and previous rates for our personal savings accounts variable rate products, please click here.

 

 

Easy access account FAQs

You simply need to be aged 18 years or over, resident in the UK and only tax resident in the UK. Our accounts cannot be held in trust or by US Persons (meaning US citizens, residents, green card holders or taxpayers in respect of their worldwide income).

You can make deposits by Faster Payments, BACS, CHAPS or Standing Order from your nominated account. You can also make deposits by transfer from an existing Aldermore Personal Savings account in your name or held jointly with someone else (where withdrawals are permitted). Payments to us from any other account will not be accepted and will be returned. We don’t accept deposits by cash, cheque or banker’s draft.

Please don’t send any money until we’ve confirmed that your account is open, as we won’t be able to allocate it to your account and it will be returned.

When your account is open, you can add money to your Easy Access Account at any time. 

Interest can be added to your Aldermore account, paid to any other Personal Savings account you hold with us that allows deposits (Easy Access, Double Access or Notice) or paid to your nominated UK bank or building society account.

You can change the interest payment frequency or destination in internet banking.

There are no fees or charges for standard account services. We may make a charge for any exceptional non-standard services which are made available to you on a discretionary basis.

Things you need to know

  • You can make deposits by Faster Payments, BACS, CHAPS or Standing Order from your nominated UK bank or building society account
  • Interest will be earned from the date on which we receive your money
  • Interest is paid gross (without tax taken off). Under the Personal Savings Allowance, the first £1,000 of income from non-ISA savings (e.g. any interest earned) is tax free for basic rate taxpayers, and the first £500 is tax free for higher rate taxpayers. No Personal Savings Allowance applies if you’re an additional rate tax payer
  • There are no fees or charges for standard account services. We may make a charge for any exceptional non-standard services which are made available to you on a discretionary basis
  • We reserve the right to withdraw this account from sale at any time

FSCS Protection

When you save with Aldermore you have the added peace of mind that comes from knowing your money is protected up to a total of £85,000 per eligibile person by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. 


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