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You are here: Home / Savings products / Direct Access Savings Account

Direct Access Savings Account


 

If your client needs direct access to their money, then this savings account could be perfect for them.

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Top benefits

Your clients can have direct access to their money.

The option to "pool" their account with friends and family to earn extra interest.

Minimum balance £1.

Option to open a Child Savings Account and earn tax-free interest for the children in your client's life right up until they're 16 years old.

Convenience of online banking.

The facts

Accounts available to UK residents only over the age of 16.

Withdrawals sent by electronic transfer via your external account will normally take 3 working days.

The favourable tax treatment of the Child Savings Account is not guaranteed to continue in the future.

For all accounts, you can choose whether interest is to be paid monthly or yearly.



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