Fixed Rate Saver

Enjoy the peace of mind of a fixed return when you lock your money away for a set time, knowing that your money is protected by the Financial Services Compensation Scheme (FSCS) and used to bring fair loans to local people.

Open for deposits from 2 October, 2024 to 1 November, 2024.

Save with certainty

Your interest rate and date when the Fixed Rate Saver matured are fixed at outset and won't change.

Saving with us doesn't just make you better off- it helps other local people have better finances too.

  • Start saving from £1,000 to £80,000
  • Fixed AER/gross interest of 4.75% payable on maturity date

Things to consider

Once the Fixed Rate Saver starts, you cannot access your money until the maturity date.

The rate shown is a gross rate, which means we won't deduct tax. It is your responsibility to pay any tax you owe to the HMRC.

Keep in mind, your initial deposit must be atleast £1,000 and you'll need to hold the minimum balance of £1,000 at the close date to qualify for the Fixed Rate Saver. If you no longer want the account, you must get in touch before the close date (1 November, 2024) to withdraw your money and close the account.

After the close date, you will not be able to access your deposit until the maturity date, 31 October, 2025.

 

What would the estimate balance be at the maturity date based on a £1,000 deposit?

Gross interest will be added at the maturity date (October 31, 2025) at the rate of 4.75% AER. This means that if you deposited £1,000 on the close date (1 November, 2024), the estimated balance at maturity date would be £1,047.50.

 

Please read the full Terms and Conditions before completing the application form.

Your money allows us to offer fair loans to local people

Flexible savings accounts that allow you to save what you can, when you can

Your savings are protected by the Financial Services Compensation Scheme

We aim to offer a competitive return on your savings

Check you are eligible

To apply for an Easy Saver you need to meet the following criteria:  

  • Age 18 +
  • Live, work or study in the Bristol and Bath region, Gloucestershire, Wiltshire, Somerset or Dorset  
  • Or be a UNITE and UNISON member from across the South-West

Have your documents ready

You'll need an email address and mobile number to start your application. Make sure you have your National Insurance numberplus proof of identity handy.   

If you are unable to provide these during your application, you can save at any time and get in touch to discuss your options.

Get in touch

Start your application

Now that you have everything you need you can get started on your application. It takes about 15 minutes to complete your application and open your account. You can save your application at any time and come back to it later.   

Get started

Not sure this is the right savings account for you? Have a look at our other products

View our other savings accounts