Easy Access
With this variable rate account, you have immediate access to your savings. To open one, you need only a small initial deposit and then your money starts earning very attractive rates of interest. To see our current rates, click here.
As well as offering competitive market rates, the FirstSave Easy Access account is simple and convenient for you to operate online. You can deposit and withdraw funds at any time, in the comfort of your own home.
Whether you’re an existing customer or new to FirstSave, our Easy Access account can be a sound investment.
- Minimum investment of £100 to get your interest paid annually
- Minimum investment of £5,000 to get your interest paid monthly
If you think this account is for you, click on ‘Apply now’ above, then follow the easy steps.
Fixed Rate Bonds
If you're looking for longer-term investments, FirstSave Fixed Rate Bonds require only a modest minimum deposit and offer excellent fixed-term interest rates over one, two or three years. For our current rates, click here.
Our Fixed Rate Bonds provide a safe and secure home for your money while earning a great rate of interest. They’re open to both new and existing FirstSave customers – and with a choice of three different terms, there’s an account to suit your circumstances.
- Minimum investment of £1,000 to get your interest paid annually
- Minimum investment of £5,000 to get your interest paid monthly
If this type of investment appeals to you, it’s easy to apply for an account. Simply click on ‘Apply now’, then follow the step-by-step instructions.
Easy Access interest rate guarantee
The gross Annual Equivalent Rate of Interest (AER) paid on balances of £100 or more is guaranteed to exceed the Bank of England Base Rate by at least 0.25% until 1st January 2010 and thereafter not to be lower than the Bank of England Base Rate until 1st January 2012.
Current interest rates
| Account | Gross rate p.a. | Net rate p.a. | AER |
| Easy Access savings accounts | |||
| Easy Access monthly interest | 6.09% | 4.87% | 6.26% |
| Easy Access yearly interest | 6.26% | 5.01% | 6.26% |
| - The above rates are applicable from 19-02-2008 | |||
| Fixed Rate Bond accounts - limited availability | |||
| 1 year bond monthly interest | 6.88% | 5.50% | 7.10% |
| 1 year bond yearly interest | 7.10% | 5.68% | 7.10% |
| 2 year bond monthly interest | 6.88% | 5.50% | 7.10% |
| 2 year bond yearly interest | 7.10% | 5.68% | 7.10% |
| 3 year bond monthly interest | 6.88% | 5.50% | 7.10% |
| 3 year bond yearly interest | 7.10% | 5.68% | 7.10% |
| - The above rates are applicable from 22-05-2008 | |||
AER means "annual equivalent rate" and is a notional rate which illustrates the gross interest rate as if paid and compounded on a monthly or annual basis whichever is applicable to the account.
Net rate p.a. means the rate payable after deduction of basic rate income tax applicable to savings accounts (Gross rate interest is payable if you have registered as a non-tax payer).
Banking Charges - The standard operation of your account will be free from charges. However, there may be exceptional times when charges apply, these are detailed in our Tariff of charges.