| Account name |
Savings Account |
| Interest rates |
- tiered interest rates on balances above £1
- interest calculated daily and applied monthly.
see our interest rates and charges information for full details |
| Tax status |
Interest will be paid after the deduction of the basic rate of savings tax, currently 20%, unless you are eligible and have registered for non-taxable interest. |
| Conditions for bonus payment |
No bonus payments on this account. |
| Withdrawal arrangements |
Instant withdrawals can be made by transfer to another first direct account in your name, over the phone, via Internet Banking or by cheque. Transfers to other banks may take longer. |
| Access |
You must already hold a first direct 1st Account to apply for a Savings Account. The account can be operated online, by telephone or by post. |