Savings Champion

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Easy Access Account (Provided by Monument)*	Online Bonus Triple Access Issue 4	Instant Saver Reward	Loyalty Saver	Easy Access Account (Provided by Hoist Finance)*

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AER What's This? This stands for Annual Equivalent Rate and is supposed to help you to compare different savings accounts.
4.87%	4.85%	4.85%	4.75%	4.72%
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.
4.76%	4.85%	4.75%	4.75%	4.64%
Minimum opening balance
£1,000	£1	£1	£5,000	£1,000
How to manage the account
Online	Online	Mobile Banking	Branch, Mobile Banking, Online, Telephone	Online
How to apply
Online	Online	Mobile	Branch, Mobile, Online, Telephone	Online
Account summary
Easy Access. There is no limit to the amount of withdrawals you can make; however, you are unable to withdraw less than £500 in a single withdrawal transaction and a withdrawal will not be authorised if it leaves your balance below £1,000. Interest is paid into the Easy Access account on the last day of the month. For more information on Raisin UK, visit raisin.co.uk Monument 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 Monument will also count towards this limit.	Three withdrawals can be made from the account every calendar year. Interest rate includes a 1.50% bonus for the first 12 months. Interest is paid annually. PLEASE NOTE: The rate on this product will decrease from 4.85% to 4.70% on 05/12/2024	Easy Access. The Reward rate (4.75%) Gross is paid monthly where a withdrawal is not made and the account is not closed, The Withdrawal rate (3.2%) is paid in any month where a withdrawal is made or the account is closed. Account is applied for through the provider's app, available in the Apple App store or Google Play store. Interest is paid Monthly.	Easy access. Available to existing Ulster Bank current account customers or those who open an Ulster Bank current account. Interest drops to 2.00% below £5,000 balance.	Easy access. Minimum withdrawal is £1,000. Interest is paid quarterly. This account is available exclusively through the Raisin UK Savings Marketplace. This savings account is powered by the provider's partner, Hoist Finance AB. Hoist Finance AB are protected by the Swedish Depositor Compensation Scheme, so funds deposited are protected up to a maximum of the GBP equivalent of SEK 1,050,000 at the time of the compensation case. This equates to around £89,000 however the maximum deposit size for this product is limited to £75,000, well below the compensation limit’s maximum. Be aware that any funds that you already hold with Hoist Finance AB 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.
Own Licence	Own Licence	Own Licence	Shared Licence	Own Licence

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How to manage the account

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Account summary

Financial Services Compensation Scheme What's This?

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