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What is the Reward Savings Account?
Alex avatar
Written by Alex
Updated over a week ago

The Reward Savings Account is a savings account which pays an interest rate of 4.38% AER variable. You can pay in up to £85,000 overall and can keep the account open for as long as you wish. This account is exclusively available to certain customers - please see 'How can I access the Reward Savings Account?' for more information on eligibility.

Money you add to the Reward Savings Account earns interest daily which is then paid into your savings account monthly. Withdrawals on this account are limited to one per calendar month, but any requested withdrawal will be paid back to you on the next working day. Withdrawals can be requested in-app in Settings > Withdraw.

We do not charge a customer service fee for our Reward Savings Account. Instead, we will retain the difference (if any) between the interest received from the third party bank and the amounts paid on your product.

The interest rate you see in the app is the interest rate you’ll receive.

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