Savings Pots

If you’ve got a Spend & Save or Spend & Save Plus account, Savings Pots can help you put money aside for things that really matter to you.

So you can set up individual Savings Pots with names like ‘Holiday Fund’ or ‘New Trainers’.

You can also earn interest along the way, set yourself goals and track how your Savings Pots are growing.

You’ll need to visit us in branch or get the latest version of the Mobile Banking App to take advantage of this new feature.

Reasons to choose Savings Pots

You can rename your Savings Pots, set goals and track how you’re doing on our mobile app and via Internet Banking
A variable rate of interest of 0.04% Gross Monthly/ 0.05% AER – this rate includes a fixed introductory bonus of 0.04% gross for the first 12 months. After 12 months, the variable rate without bonus will apply
You can easily transfer money between your Savings Pot and Spend & Save or Spend & Save Plus account
Interest is paid monthly
You can have up to five Savings Pots for each Spend & Save or Spend & Save Plus account – one for each of your savings goals
There is a maximum balance of £5,000 per Savings Pot (£25,000 per Spend & Save or Spend & Save Plus account)
Use the Spend & Save or Spend & Save Plus account’s flexible features such as Auto Balancer to top up your current account when it gets low and Save the Pennies to help you save as you spend