Whether you’re saving for a wedding, a new car, a once-in-a-lifetime holiday or maybe all 3, you can open as many Flexible Saver accounts as you have reasons to save.
How much you save is up to you – you can put in a lump sum or save a little at a time, starting from just $1
You can choose to save by standing order, transferring a set amount into the account each month or by making a lump sum payment. There’s no maximum balance
This is an instant access account, so you can take out and transfer money whenever you need to, no notice required
You’ll earn interest on your savings – and, if you’re an Bank Advance customer, you’ll enjoy preferential rates that could help you save even more. More on Bank Advance
Once opened, you can manage your account via telephone and Online Service, the Bank US Mobile Banking app or in any of our branches
Open a Flexible Saver account today
Start saving for something special with just a $1 deposit.
Please read the important product information and check eligibility before you apply.
Flexible Savers help you save for anything, in a way that suits you. You can start your Flexible Saver account with just $1, and pay in lump sums or set up a standing order to save a set amount each month.
It's an instant access account, so you can put in or take out money whenever you like. There are no charges for withdrawals.
You can open as many Flexible Saver accounts as you like – perhaps one for a wedding and another for a holiday.
You'll earn interest on your money and if you're an Bank Advance customer you are eligible for a preferential rate. More on Bank Advance
Unless you tell us otherwise, we will send you paper statements via the post. If you prefer, you can switch off your paper statements on Online Service.
What is the account name?
What is the interest rate?
Interest rate on all balances: 0.05% AER/Gross
Interest rate on all balances: 0.10% AER/Gross
Standard Rates - all customers except Bank Advance and Bank Graduate customers.
Interest is calculated daily and credited to the account monthly.
Can Bank change the interest rate?
Yes, the interest rate is variable. We can change the interest rate on this account, in line with the account's Terms and Conditions.
Interest rate: 0.05% AER/Gross
Balance at end of 12 months: $1,000.50
Interest rate: 0.10% AER/Gross
Balance at end of 12 months: $1,001
For the purpose of this calculation, it is assumed:-
Projection provided for illustrative purposes only and does not take into account individual circumstances.
How do I open & manage my account?
How to open the account:
How to manage the account
Can I withdraw money?
Yes, you have instant access to your account. You can make as many fee free withdrawals as you like.
A 14 day cancellation period applies to this account.
We do not deduct tax from any interest paid to you.
Tax benefits depend on individual circumstances and could change in the future.
Rates correct as at 06.04.18
To open an Bank Flexible Saver account, you need to be:
If you have an Bank current or another savings account and you're registered for Online Service, you can apply online in minutes.Log on to apply
It only takes a few minutes. Then, once you receive your security details, you can apply online right away.Register for Online Service
If you don't have a Bank current account, call us to open the Flexible Saver or call us to make an appointment in your local branch.
If you’re liable to pay tax outside the country, please apply at your local branch
To find out more, or to apply for a Flexible Saver account, call us on
0800 032 4729
Lines are open 8am to 8pm every day (excluding Christmas Day, Boxing Day and New Year’s Day).Log on to apply
Bank Current Account customers can apply for this account by visiting one of our branches. You’ll just need to bring some identification and proof of your address.
Once your account is open, you can manage it in branch and online.
Call to book an appointment
In the US 03457 404 404
outside the country +44 1226 261 010Find a branch
Before applying, please take the time to read the following documents. You may also want to save them for future reference.
This tool will help you think about if your money is working hard enough for you and how you could take to achieve your goals.
Save up to $3,000 at a fixed rate of interest for 12 months.
Find out more about tax efficient savings and how to make the most of your ISA allowance.
You can apply for a Flexible Saver Account online or by popping into any of our branches.
If you’re registered for Online Service you can apply online in minutes. It only takes a few minutes to register and once you receive your security details you can apply online to get an instant decision. If you don’t hold an Bank current account then call us to apply or to make an appointment to apply in branch.
You can save any amount from $1 upwards. There is no maximum balance.
You can access your money online, by phone or in any of our branches.
Preferential rates are available for Bank Advance customers.