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Branch Flexible Saver
2.50% gross rate p.a./AER
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Instant access savings account

Download key product information
  • Must be aged 16 or over
  • Start saving with as little as £1
  • Make as many deposits as you want
  • Unlimited withdrawals without notice
  • Save at your own pace

Account name

Branch Flexible Saver.

What is the interest rate and is it fixed?

The annual interest rate is currently set at 2.50% gross rate p.a./AER*. The interest on this account is variable, this means that it can go up or down. The basis on which we might change your interest rate is set out in our savings terms and conditions.

Will I be taxed on the interest?

We will pay your interest without tax taken off. It is your responsibility to declare any interest you earn over your personal savings allowance directly to HMRC. Your tax treatment will depend on your individual circumstances and may be subject to change in the future. For further information please contact HMRC.

How much can I save in this account?

You will need £1 to open an account and the balance must not fall below that amount. You can invest as much as you like up to £750,000.

Can I withdraw money?

Yes, you can make as many unlimited penalty-free withdrawals as you wish.

How can I open an account?

To open an account you must be 7+ and meet our ID requirements. Call your local branch and speak to an adviser who can book an appointment for you.

Are my savings protected?

Your eligible deposits with Nottingham Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme.

Additional information

This account may be withdrawn at any time. There are other savings accounts available with Nottingham Building Society and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point. You can read our savings terms and conditions here.
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Current interest rates from 30 Sep 2024

Balance Gross p.a/AER*
£1 - £750,000 2.50%

Previous interest rates from 10 Aug 2023

Balance Gross p.a/AER*
£1 - £750,000 2.65%

Good to know

Your savings are covered by the Financial Services Compensation Scheme (FSCS), so your savings are protected. The scheme was set up by the government and is funded by the industry. Savers could get up to £85,000 if their bank or building society goes out of business.

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Open a savings account today

To open one of our savings accounts call your nearest building society branch to book an appointment.

Find your nearest branch

Who are Nottingham Building Society?

As a mutual building society, you own us, not shareholders. That means we pass our profits and extra benefits directly to you instead of paying dividends.

Read more about us

How do I open an account?

To open this savings accounts call your local branch to speak to an adviser. They'll talk you through the process of opening a branch based account.

Call your nearest branch

Savings FAQs

Scratching your head about savings? Take a look at questions that our members frequently ask us, which you might also find helpful.

Savings FAQs