Launch of Everyday Saver (Issue 1) and eSaver (Issue 2) instant access savings accounts
On 15 March 2013, the previous issues of Flexible Saver and eSaver accounts were withdrawn and replaced by our Everyday Saver (Issue 1) and eSaver (Issue 2). Both accounts can be accessed on demand and allow deposits and withdrawals at any time.
Our eSaver (Issue 2) account is a new online instant access savings account specifically designed for customers who wish to open and deal with us exclusively online without the need to print or post application forms to us. Customers can save from £5,000 up to £2m and will earn a 1.25% (gross AER variable) until the first anniversary of the account being opened, at which point the eSaver (Issue 2) account will change to be an Everyday Saver account.
Everyday Saver (Issue 1) is a straightforward instant access savings account which offers the flexibility to save or withdraw whenever you want. Accounts can be opened by post or in branch and managing the account couldn’t be easier. You can deal with us either by post, by fax, by phone, in branch or online. Customers can save from £5,000 up to £2m and will earn 0.50% gross AER variable. A monthly interest option is also available, paying 0.50% gross AER variable.
Note: Special Terms and Conditions apply in conjunction with our General Terms and Conditions. AER stands for Annual Equivalent Rate and illustrates what the interest would be if interest was paid and added to the account once a year.