Save
Easy-access savings with interest paid monthly, withdrawals the same day, and every rate published on one page.
How it works
Four things that make it worth keeping
Interest paid every month
Not annually, not on an anniversary you have to remember. It lands on the same date each month and starts earning immediately.
Withdraw the same day
No notice period, no penalty, no limit on the number of withdrawals. Money moves back to your current account in seconds.
Split it into goals
Create as many pots as you like inside one account. Each has its own name, target and progress, and all of them earn the same rate.
Protected up to £85,000
Eligible deposits are covered by the Financial Services Compensation Scheme, per person, across everything you hold with us.
Protection
How your money is protected
Eligible deposits held with Reliance Bank are protected up to £85,000 per person by the Financial Services Compensation Scheme.
What is covered
- Current accounts, savings accounts and term deposits.
- Balances in every currency, converted at the rate on the day of a claim.
- Joint accounts, up to the limit for each holder.
What is not
- Anything above £85,000 per person, per institution.
- Money held with another firm under a licence we share.
- Investments, which carry their own separate protections and risks.
Questions about saving
Is the rate fixed?
The easy-access rate is variable. If it changes we tell you at least fourteen days before a reduction takes effect, and immediately when it goes up.
When does interest start earning?
The day the money arrives. There is no delay and no minimum period before a deposit starts to count.
What is the maximum I can hold?
There is no cap on the account. Deposit protection covers £85,000 per person, so amounts above that are worth spreading across institutions.
Can I set up automatic saving?
Yes. Set a standing order for a fixed amount, turn on round-ups so card payments are rounded to the nearest pound, or both.
Start earning on what you have already saved
Open a saver alongside your current account and move money between them instantly.