eSaver (Issue 2)

A hassle-free, online savings account with instant, penalty free access 24 hours a day.

• Why choose eSaver Issue 2?
• Further information

Why choose eSaver Issue 2?

• Great return – Earn 2.50% gross/AER (variable) for 12 months on all the money saved in the account, after which the underlying rate, currently 0.50% gross/AER (variable), applies.
• Bonus of 2.00% gross/AER (variable) included in the rate for 12 months from account opening
• Save from just £1 up to £2 million.
• Interest is calculated daily and can be received monthly for a regular income or annually on the anniversary of account opening – it’s your choice.
• Open online; it’s easy and takes just a few minutes.
• Manage online 24 hours a day, every day, with our secure and easy to use Internet Banking.
• Cash card – The account comes with a cash card, allowing you to withdraw up to £300 per day from cash machines.

 

	Gross pa / AER(including bonus)	Gross Monthly equivalent(including bonus)
£1+	2.50%	2.47%

 Rate is variable and includes a variable 2.00% gross/AER bonus for 12 months from account opening. More details.

Further information

• Only one account person is permitted, in either single or joint names.
• Annual or monthly interest can be credited into the account or to another Abbey account.  Annual interest can be credited to a non-Abbey account.  The account nominated to receive interest cannot be changed once set.

 

AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year.  The gross rate is the interest rate before income tax is taken off.