Savings Champion

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Loyalty Saver	Easy Access Account Special Edition 1	Limited Edition Easy Access (provided by GB Bank)*	Simple Saver (Issue 4)	Chip Easy Access Saver*

Click here to find out what the * means
AER What's This? This stands for Annual Equivalent Rate and is supposed to help you to compare different savings accounts.
5.20%	4.87%	4.85%	4.85%	4.84%
Gross Interest Rate What's This? This is the initial rate paid, before any tax is deducted. The gross rate will include any bonus that applies at that moment, so it is important to also check the AER.
5.20%	4.76%	4.75%	4.85%	4.74%
Minimum opening balance
£5,000	£25,000	£5,000	£1	£1
How to manage the account
Branch, Mobile Banking, Online, Telephone	Mobile Banking, Online	Online	Online	Mobile Banking
How to apply
Branch, Mobile, Online, Telephone	Online	Online	Online	Mobile
Account summary
Easy access. Available to existing Ulster Bank current account customers or those who open an Ulster Bank current account only. Interest drops to 2.25% below £5,000 balance. PLEASE NOTE - The rate is dropping to 4.75% AER as of the 14/10/2024. Interest is paid annually.	Easy Access. If the balance falls below £25,000, no interest will be paid. Interest is paid monthly.	Easy Access. Interest is paid monthly. For more information on Raisin UK, visit raisin.co.uk GB Bank is covered by the Financial Services Compensation Scheme, so funds deposited are protected up to £85,000. Be aware that any funds that you already hold with GB Bank will also count towards this limit.	Easy Access. This is a 12 month variable rate account. On maturity the money will be transferred to a Cahoot Savings Account available at the time. Interest is paid either monthly or annually.	Three penalty-free withdrawals allowed in a 12-month period. After your fourth withdrawal, the interest rate will drop to 3.74% AER for the remainder of the year. Rate includes a boosted rate of 0.77% AER for the first 12 months. The underlying rate of this account will track the Bank of England base rate less 1.00%. This account is available via the Chip App, which can be downloaded from the App or Google Play store using the QR code on the Chip link. Please note, you will need to link your current account to the Chip app in order to open the account. Interest is paid monthly. This savings account is powered by the provider's partner, ClearBank Limited. ClearBank Limited is covered by the Financial Services Compensation Scheme, so funds deposited are protected up to £85,000 subject to eligibility. Be aware that any funds that you already hold with ClearBank Limited will also count towards this limit.
Financial Services Compensation Scheme What's This? The Financial Services Compensation Scheme currently protects you up to £85,000 per person, per banking licence (Please note many providers share banking licences). Discover more in our FSCS Licence Information Guide If you want to ensure your savings are fully protected now and in the future, whilst getting the best rates of interest, our Cash Advice Service can help you. Request a free, no obligation conversation to find out more.
Shared Licence	Own Licence	Own Licence	Shared Licence	Shared Licence

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AER What's This?

Gross Interest Rate What's This?

Minimum opening balance

How to manage the account

How to apply

Account summary

Financial Services Compensation Scheme What's This?

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