First Direct e-Savings
The e-Savings Account from First Direct has been designed to be managed 100% online, which means they can offer a high interest rate of 4.75% AER (variable) to savers.
You can open an account with as little as £1, and interest is calculated daily and paid into your account every month to make the most of your savings.
Accounts are limited to one per customer, and the maximum balance you can hold is £500,000.
Finally, you can access your money at any time, instantly, although you won't earn any interest in the same month as you make a withdrawal.
e-Savings Summary:
- High interest rate of 4.75% AER variable
- Open an account with just £1
- Earn interest on every penny of your balance
- Maximum balance of £500k
- Interest calculated daily and paid monthly
- Instant access to your money (although no interest will be paid in the month of a withdrawal)
- High interest accounts limited to one per customer
- Designed to be managed 100% online
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