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Save Well Limited Access Account 

Accounts opened from 8 February 2023

Balance Variable monthly interest for months where no withdrawals are made Variable monthly interest for any month that a withdrawal is made
  Gross/AER % Gross/AER %
£1+ 3.68%/3.75% 0.49%/0.50%
  • Interest rates are for the term of the account, which is 12 months from the date of account opening

  • Interest is paid monthly on the 1st of each month. If you have selected to pay interest to a different account, interest will be paid on the first working day of the month.

  • These interest rates are correct as at 08/02/2024. Interest rates are variable.

     

Previous Rates

Save Well Limited Access Account

Accounts opened between 10 October 2023 and 7 February 2024

Balance Variable monthly interest for months where no withdrawals are made Variable monthly interest for any month that a withdrawal is made
  Gross/AER % Gross/AER %
£1+ 3.92%/4.00% 0.49%/0.50%
  • Interest rates are for the term of the account, which is 12 months from the date of account opening

  • Interest is paid monthly on the 1st of each month. If you have selected to pay interest to a different account, interest will be paid on the first working day of the month.

  • These interest rates are correct as at 10/10/2023. Interest rates are variable.

Save Well Limited Access Account

Accounts opened between 12 July 2023 and 9 October 2023

Balance Variable monthly interest for months where no withdrawals are made. Gross/AER % Variable monthly interest for any month that a withdrawal is made. Gross/AER %
£1+ 3.68%/3.75% 0.49%/0.50%
  • Interest rates are for the term of the account, which is 12 months from the date of account opening

  • Interest is paid monthly on the 1st of each month. If you have selected to pay interest to a different account, interest will be paid on the first working day of the month.

  • These interest rates are correct as at 14/09/2023. Interest rates are variable.

 

Accounts opened between 05 May 2023 and 11 July 2023

Balance Variable monthly interest for months where no withdrawals are made. Gross/AER % Variable monthly interest for any month that a withdrawal is made. Gross/AER %
£1+ 3.20%/3.25% 0.49%/0.50%
  • Interest rates are for the term of the account, which is 12 months from the date of account opening

  • Interest is paid monthly on the 1st of each month. If you have selected to pay interest to a different account, interest will be paid on the first working day of the month.

  • These interest rates are correct as at 17/08/2023. Interest rates are variable.

 

Accounts opened between 18 November 2022 and 04 May 2023

Balance Variable monthly interest for months where no withdrawals are made. Gross/AER % Variable monthly interest for any month that a withdrawal is made. Gross/AER %
£1+ 2.71%/2.75% 0.49%/0.50%
  • Interest rates are for the term of the account, which is 12 months from the date of account opening

  • Interest is paid monthly on the 1st of each month. If you have selected to pay interest to a different account, interest will be paid on the first working day of the month.

  • These interest rates are correct as at 17/08/2023. Interest rates are variable.

 

Accounts opened between 28 October 2022 and 17 November 2022

Balance Variable monthly interest for months where no withdrawals are made Variable monthly interest for any month that a withdrawal is made
  Gross/AER % Gross/AER %
£1+

2.52%/2.55%

0.49%/0.50%

  • Interest rates are for the term of the account, which is 12 months from the date of account opening

  • Interest is paid monthly on the 1st of each month. If you have selected to pay interest to a different account, interest will be paid on the first working day of the month.

  • These interest rates are correct as at 17/08/2023. Interest rates are variable.

 

Accounts opened between 13 September 2022 and 27 October 2022

Balance Variable monthly interest for months where no withdrawals are made. Gross/AER % Variable monthly interest for any month that a withdrawal is made. Gross/AER %
£1+ 2.12%/2.15% 0.49%/0.50%
  • Interest rates are for the term of the account, which is 12 months from the date of account opening

  • Interest is paid monthly on the 1st of each month. If you have selected to pay interest to a different account, interest will be paid on the first working day of the month.

  • These interest rates are correct as at 17/08/2023. Interest rates are variable.

 

Accounts opened between 28 July 2022 and 12 September 2022

Balance Variable monthly interest for months where no withdrawals are made. Gross/AER % Variable monthly interest for any month that a withdrawal is made. Gross/AER %
£1+ 2.04%/2.06% 0.49%/0.50%
  • Interest rates are for the term of the account, which is 12 months from the date of account opening

  • Interest is paid monthly on the 1st of each month. If you have selected to pay interest to a different account, interest will be paid on the first working day of the month.

  • These interest rates are correct as at 17/08/2023. Interest rates are variable.

 

Accounts opened on or before 16 August 2022

Balance Variable monthly interest for months where no withdrawals are made. Gross/AER % Variable monthly interest for any month that a withdrawal is made. Gross/AER %
£1+ 1.44%/1.45% 0.49%/0.50%
  • Interest rates are for the term of the account, which is 12 months from the date of account opening

  • Interest is paid monthly on the 1st of each month. If you have selected to pay interest to a different account, interest will be paid on the first working day of the month.

  • These interest rates are correct as at 17/08/2023. Interest rates are variable.

     

Explanation of terms

AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily  compare different savings accounts. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

Gross rate means that credit interest is paid without income tax being deducted.