We'll send a text with a temporary password. For more information, visit our cash ISAs page. Please check if there are withdrawal restrictions on your account before submitting a request. Withdrawals out of Shawbrook Bank will be made to your nominated account. Need to refinance or fund a new property or investment? How long do I have to deposit money into my account after I open it?

It is simple to open and manage an account with Shawbrook. Weve rounded up some of the most important things to know about our fixed rate bonds below. All rights reserved. This is the interest rate paid on your account. You can apply online and need a minimum account opening balance of 1,000. Need to refinance or fund a new property or investment?

Yes they can, but we need to make sure we keep your account secure.

It will also be in any statements we've sent to your secure mailbox in eSavings, as well as the welcome pack. Looking for an Easy Access Cash ISA Account? It also helps us identify you electronically when you set up your account. You can use eSavings to securely manage your savings accounts online. A fixed rate savings bond is a type of savings account that involves putting your money away for a set period of time. And a guaranteed, personal rate. Whether a fixed rate savings bond is the best option will depend on your circumstances and savings goals. For more about ISAs, please look at our guide to ISAs.

You can do this by faster payment, BACS or CHAPS. The interest rate is variable and may alter per your accounts terms and conditions. But some of the benefits include: Whether an easy access savings account is the best option will depend on your circumstances and savings goals. You can add money to your account, up to your maximum deposit amount, whenever you like. This helps us keep your money safe by only receiving money from or sending money to one account that you've nominated and which you are named on. You can find out more in Section 17: Change To Interest Rates of our Terms and Conditions for Personal Savings Accounts. If you can't see some of your accounts, log in and send us a message via secure messaging explaining which accounts you'd like to be able to see and we'll work with you to register them. Youll also find details of early exit charges in the Key Product Information document provided when you open your account.

If the account is open less than a year, you'll receive a statement when the account is closed.

This is the interest rate paid on your account. Want award-winning rates and a first-class service? Log in to your eSavings portal, go to the eDocuments tab (or select eDocuments from the menu if you're on a mobile device), and you'll see a list of documents. Why is the interest rate showing as 0% in my account. You can transfer your funds by electronic transfer from your nominated account using the following details: There is no minimum amount, and you can make as many deposits as you like. The following Terms and Conditions cover personal savings accounts with Shawbrook Bank Limited. Typically the longer the notice you opt for, the better rate you will receive. How much you can withdraw and how often will depend on the type of account: When we open your account, we'll check a number of things. Look no further We know that not everyone gets the best deal from their bank. If you don't have an online product with us, please contact us and we'll be happy to help set this up. Find property finance for your whole portfolio. You can withdraw money from your account at any point, without giving us any notice. Look for the image of a head and shoulders, between the printer and question mark images. Once your account is open, you can manage the account online via our secure eSavings portal or by telephone on 0345 266 6611. If your bond is removed from sale (we'll do this when we issue new rates), you'll usually have seven days from removal to add any more funds to your account. We quote the AER on all of our accounts so that you can compare our products with those of other banks. You will not be able to withdraw funds prior to end of your fixed term. If you've got a mobile number registered to your account, you can reset your password on the log in screen of eSavings. Registered Office: Lutea House, Warley Hill Business Park, The Drive, Great Warley, Brentwood, Essex, CM13 3BE. When we withdraw a product, you will be able to fund it for 7 working days after we withdraw it.You can check if a product is withdrawn by checking our savings documentation page and checking the withdrawn product list. When your account is live, we take number of steps: Easy access accounts and notice accountsYou can deposit money at any point, up to the maximum deposit amount. The notice period will differ depending on the account you have chosen. log in to your eSavings account and clicking on 'My Profile' in the top right-hand corner of the page. You'll need log in and send us a secure message. Simply open the document or download it and print it off. I have just sent an electronic payment but it's not showing on my online account? Fixed term bondsJust before your account matures, well get in touch about how to transfer to a new product. To open an account with Shawbrook Bank you must: Any interest we pay is gross interest (tax free). You will begin to earn interest once the credit has been applied to your account. Are there withdrawal restrictions on accounts?

Log in and send us a secure message or contact us for more information. If you're considering this, please log in and send us a secure message or contact us and we'll let you know what the penalty could be. Thats why weve chosen to do things differently. Check your terms and conditions for more details. Because we don't operate a current account, we're not included in this scheme. Need to refinance or fund a new property or investment? If you need to, you can change your nominated account. And a guaranteed, personal rate. Find the right specialist finance your business needs. Your eligible deposits with Shawbrook Bank Limited are protected up to a total of 85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. The interest rate is variable and may alter per your accounts terms and conditions. Watch our short video below which explains how to log in to your Shawbrook eSavings portal. From here you can read your statement online, save a copy to your computer or print a version for your records. No waiting, no surprises. You can choose to select a login name when using eSavings that will be remembered by your computer whenever you log in. Get a mortgage that's made for you Notice savings accounts are ideal for earning an attractive rate of interest while having flexibility. Just select 'reset password' and follow the instructions. You can find out more about these and the rates available in our comparison table above. We'll write to you before your account matures and let you know what the options are if you want to transfer to a new product with us.

Your tax statement is usually available within 4 weeks of the end of a tax year.

If you want to earn interest on your money while still accessing your funds, an easy access savings account could be the best option for you. We don't apply fees or charges to our personal savings products. Registered Office: Lutea House, Warley Hill Business Park, The Drive, Great Warley, Brentwood, Essex, CM13 3BE. Yes, you can open a personal account if you already have a business account. Explore the notice accounts we offer at Shawbrook below. Get a mortgage that's made for you A smarter path to finance for your business. Look no further We know that not everyone gets the best deal from their bank. Notice accounts can be a good way to save for a future goal where you can plan ahead nearer to the time of purchase, such as buying a home or paying for a wedding. For those who want even more flexibility, an easy access account could be right for you. Thats why weve chosen to do things differently. Cookies (sometimes known as a web cookies, Internet cookies, HTTP cookies or browser cookies) are tiny pieces of data that a web server creates and stores on your computer. For information relating to a specific account, please click through on the comparison table above. You can withdraw money from your account at any point, but youll need to give us notice beforehand. It helps us keep track of what product we're referring to, including what rate it offers.

No, we no longer accept cheque deposits. If you request funds after 2.30pm, well process the request on Monday and funds will be in your nominated account on Tuesday. What checks do you do before I can open a savings account? 2022 Shawbrook Bank Limited. The vast majority of our customers won't pay tax on their savings income. Any existing account holders who require a Power of Attorney to be added to their account. Unlike fixed rate bonds, your money is not locked away for a set period. All rights reserved. And a guaranteed, personal rate. Find the right specialist finance your business needs. As for the maximum, this is 85,000 for sole accounts or 170,000 for joint accounts. Your eligible deposits with Shawbrook Bank Limited are protected up to a total of 85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Notice AccountsYou can transfer your notice account to any of our products once youve served the notice period on the account. No waiting, no surprises. For further information or visitwww.fscs.org.uk. It can vary, but normally we'll produce the statement on the anniversary of your first deposit and every year thereafter. How do I change my nominated account or add a new nominated account? If you receive paper statements, this will be posted to your registered address. This is the interest rate paid on your account. This means that up to 1,000 of income earned from savings (e.g.

Make your savings work harder. You can find more guidance on personal savings allowances by going to www.gov.uk and search for 'personal savings allowance'. What does this mean? My savings rate has an issue number.

Please go to our complaints page to get started. You can check your account using our log in. Here you can easily find key information and forms for our savings products.

When you apply for a loan or a mortgage, or make a deposit in one of our savings products, youll always know just where you stand.

Once your account is open, you can operate the account through our eSavings portal or by telephone on 0345 266 6611, Minimum account opening balance of 1,000, The account is only available to individuals who are 18 years of age or over, permanently reside in the UK, are only liable for UK tax and can provide a UK bank account as a nominated account. We create your maturity invite a few weeks before your bond is due to mature. Registered Office: Lutea House, Warley Hill Business Park, The Drive, Great Warley, Brentwood, Essex, CM13 3BE, Once your account is open, you can operate this online via our eSavings portal or by telephone on 0345 266 6611, Minimum account opening balance of 1,000, The account is only available to individuals who are 18 years of age or over, permanently resident in the UK, are only liable for UK tax and can provide a UK bank account as a nominated account. Why choose an easy access savings account? Please note, we no longer accept cheques. To keep you safe and secure, our online services work with the latest browser updates. You'll need this number to log into your eSavings account. Notice Accounts When you request a withdrawal of funds from your notice account, you will be told which date the notice expires on, in advance. Registered Office: Lutea House, Warley Hill Business Park, The Drive, Great Warley, Brentwood, Essex, CM13 3BE, If you've got a mobile number registered to your account, you can reset your password on the. Can I make a deposit into my account at any time? After you have opened an account and deposited at least 1000, making additional deposits is easy. Non-ISA StatementsThe Key Product Information literature you received with your welcome letter will detail when you will receive your statement. AER stands for Annual Equivalent Rate and illustrates the interest rate if it was paid and compounded each year. Fixed term bond ISAsIf your fixed term bond is an ISA, you are able to withdraw your funds early, but there will be an early exit charge to pay, depending on the product youve chosen. I have forgotten or misplaced my customer number? Can the interest rate change on an easy access savings account? GROSS is the interest rate without the deduction of income tax. When you complete your application, we will check your eligibility and verify your identity.

All deposits must be made electronically. You can add more money to your account as long as the product is still open for funding, up to the maximum deposit amount. No waiting, no surprises. The following applies to all of our fixed rate bonds, regardless of term length: As the interest rate is fixed, this cannot change over the term of the account. You can open an account on our website by selecting 'learn more and apply' next to the account you'd like.

2022 Shawbrook Bank Limited. They're a great way to ask questions about your account or to deal with queries. That means that we may have new products on offer by the time your bond matures. Thats why weve chosen to do things differently. I am an existing customer but not an online customer, can I open a new account that is online only? The interest rate will show as 0% until you deposit the minimum balance required for the account you chose. A notice savings account is a type of savings account that has no fixed term but requires a notice period before you can withdraw your money. No waiting, no surprises. Its simple to open an easy access savings account. You will begin to earn interest once the credit has been applied to your account. All rights reserved. If you're registered for eSavings, you'll see this in the eDocuments section. For more information, please see our Terms and Conditions for Personal Savings Accounts. Take it easy. The balance requirements vary by product, so you should check this information on the product you wish to apply for. Shawbrook Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 204574). I have a savings account with digital statements. Want award-winning rates and a first-class service? How do I know you have responded to my secure message? eSavings is our online savings portal. You'll also hear it called 'Two Factor Authentication' (or 2FA). Click the account youre interested in exploring on the comparison table above.

We're not part of the confirmation of payee scheme, so your bank may tell you this when you try and make a payment. Find property finance for your whole portfolio. If your bond is removed from sale (we'll do this when we have new rates), you'll usually have seven days from removal to add any more funds to your account. Our fixed rate bonds have higher maximum balances than ISAs and offer competitive interest rates. If we receive a withdrawal request before 2:30pm on a working day, you should receive your funds into your nominated account on the next working day. Need to refinance or fund a new property or investment? But some of the benefits include: Whether a notice savings account is the best option will depend on your circumstances and savings goals. All rights reserved. AER stands for Annual Equivalent Rate and illustrates the interest rate if it was paid and compounded each year. Yes. We cannot issue a payment to a third party from your savings account. Non ISA accountsSince 6 April 2016, taxpayers have had a Personal Savings Allowance. You can confirm your phone number by logging in to your eSavings account. For more information on Shawbrooks range of accounts, click through to the individual term pages via the table above. You can make withdrawals and deposits at any time, but they must only be to and from your nominated account. If you've forgotten your customer number, the best place to look is your email inbox. Any deposits you hold above the limit are unlikely to be covered. As these allow for higher maximum balances than ISAs, they can be particularly appealing to those who have a larger amount of personal savings. You can change your nominated account by sending us a secure message through our savings platform, eSavings. Like everything we do at Shawbrook its clear, simple, and gimmick-free. Shawbrook Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 204574).

As its easy access, you can withdraw money whenever you need it without giving us notice (subject to a minimum withdrawal amount; any money withdrawn will lose its tax-free status). Thats why weve chosen to do things differently. Easy Access AccountsYou can transfer your Easy Access account to any of our products. With Shawbrook, you can make unlimited withdrawals (subjected to a minimum amount) without giving us any notice. Designed specifically for saving, these will typically offer a higher rate of interest than a current account. That's right - you'll get everything you need to operate your account digitally.

Take it easy. Need to refinance or fund a new property or investment? If you've already opened an ISA with us this tax year, any other accounts would need to be from our standard, non-ISA range. Find property finance for your whole portfolio. What are the different accounts available? Log in and send us a secure message or contact us and well be able to check if you still add funds. Funds are credited to your account the same working day, if sent before 3.30pm. If you have become (or youre planning to become) a non-UK resident you need to let us know before your status changes. Funds are credited to your account the same working day, if sent prior to 3.30pm. 2022 Shawbrook Bank Limited. If you're not sure what account number to use, you can get help on how to find your account number. Want award-winning rates and a first-class service? The minimum account withdrawal amount is 500. GROSS is the interest rate without the deduction of income tax. With a 45 day notice account, withdrawals are only available subject to 45 days notice. We send digital statements for you to view, download or print. How do I make a deposit into my Savings account? And if that flexibility wasnt enough, you can choose whether you want to receive your interest monthly or yearly. Designed for saving, these will typically offer a higher rate of interest than a current account. Want award-winning rates and a first-class service? Although notice accounts are more flexible than a fixed rate bond, the notice period means they are not suitable for people who want to access their funds at any time. Your eligible deposits with Shawbrook Bank Limited are protected up to a total of 85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. If you opened your ISA with us before May 2018, your ISA may be closed to funding. You can also manage your account online, and deposit as much as you like (up to the accounts maximum balance). You should be able to see any accounts you've registered online in your eSavings portal.

Shawbrook Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 204574). If you're under the threshold, there's nothing further that you need to do. If you're splitting your ISA allowance over several ISAs, the maximum deposit across all of your accounts is 20,000. For your accounts registered within eSavings you can: You can write to us at The Savings Team, Shawbrook Bank, Sunderland SR43 4AG. Log in, and click eDocuments in the menu. Terms and Conditions for Personal Savings Account, Terms and Conditions for Personal Savings Accounts, Depositup to 85,000 for sole accounts, 170,000 for joint accounts. When we respond to a secure message you will receive an email to your registered email address asking you to log into your eSavings account to view the secure message.

If you request funds after the cut-off time of 2.30pm, your request will be processed on the next working day, and funds available on the next working day after that. You'll typically receive your funds the next working day after this date. Shawbrooks easy access cash ISA is an Individual Savings Account that lets you enjoy the interest on your savings, tax-free. Whenever we release a new rate, we give it a new issue number.

Registered Office: Lutea House, Warley Hill Business Park, The Drive, Great Warley, Brentwood, Essex, CM13 3BE. And a guaranteed, personal rate.

When can I withdraw money from my easy access savings account? Take it easy.

How quickly will the funds show in my account and when will I start to earn interest? This notice period will depend on your account. Cash ISA StatementsYou will receive a statement on the anniversary of opening your account. All your documents will be uploaded here too. Fixed term bondsYou dont have a cooling off period with fixed term bonds - once you've opened a fixed term deposit account, you are unable to withdraw funds until the term has expired. In the event of your death, we will transfer savings held solely in your name to your executor or administrator. Find the right specialist finance your business needs. Looking for more specific information? Make your savings work harder. What is Strong Customer Authentication (SCA)? Make your savings work harder. For further information or visitwww.fscs.org.uk. Look no further We know that not everyone gets the best deal from their bank. When can I make a deposit to my notice savings account?

Get a mortgage that's made for you At Shawbrook, were committed to keeping things simple and transparent. The following Terms and Conditions cover online business savings accounts with Shawbrook Bank Limited. They work best if you dont want to lock your funds away for a long time but will know in advance when you need access to your savings. Standard fixed rate bondsYou can add more money to your account as long as the product is still open for funding, up to the maximum deposit amount. Can I close my notice or fixed account early and pay a penalty? 2022 Shawbrook Bank Limited.

Find the right specialist finance your business needs. A secure message is a way of safely communicating with us, as it can only be read by you when you log in to your eSavings account. Easy Access Accounts & ISA accountsIf your withdrawal request is received before 2.30pm on a working day, your savings should be accessible in your nominated account the next working day. They offer more flexibility than a fixed term account and typically pay more interest than an easy access account. If you are a registered user of eSavings, you can view your nominated account details by logging in to your eSavings account and going to the 'My Accounts' tab.

For the subject, please choose 'change or register a nominated account' and choose the savings account you want to update. For the subject, please choose 'change or register a nominated account' and choose the savings account you want to update. When your account matures, you can withdraw your money, or put it into a new bond or notice account. We will verify your address, identity and nominated account details before opening an account for you. These are products that are no longer offered. A fixed rate savings bond is a type of savings account that involves putting your money away for a set period to accumulate a guaranteed amount of interest. However, if you withdraw funds from an ISA before the end of the agreed term or notice period, there may be a penalty to pay. Look no further We know that not everyone gets the best deal from their bank. Weve put together some of the most important things to know about our notice savings accounts below. And a guaranteed, personal rate.

Thats why weve chosen to do things differently. Eligible deposits with Shawbrook Bank Limited are protected up to a total of 85,000 per person by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. I have just applied for an account online, does that mean I won't receive anything in the post? If your account does allow you to withdraw funds, taking your account below the minimum balance will affect the interest we pay. Any deposits you hold above the limit are unlikely to be covered. If your account is open less than a year, you'll receive a statement when the account is closed. It's nothing to worry about.For peace of mind, you may wish to make a small 'test' payment of 1.

Do you collect money from my nominated account? You can only deposit up to 20,000 in an ISA per tax year, although you can arrange to transfer ISA funds from previous allowances into your account, subject to the maximum deposit amount. Shawbrook also offers easy access cash ISAs. ISAsYou can deposit money into an ISA account, even if it's a fixed term bond that's been withdrawn. Please note that public holidays are not classed as working days. You can find auto-fill settings in your browser settings or preferences.

Look no further We know that not everyone gets the best deal from their bank. You can open an account once through the eSavings platform and select 'apply online' from the menu.

And a guaranteed, personal rate. The interest rate will typically be higher the longer you commit. You can request a withdrawal by logging into your eSavings account online by selecting withdrawals and following the on-screen steps. 2022 Shawbrook Bank Limited. There's no need to worry - as long as you use the sort code 16-58-73 and enter your eight-digit Shawbrook savings account number correctly, everything will go through fine. Why choose an easy access savings account?

With Shawbrooks fixed rate bonds, you can invest anywhere between 1,000 and 2,000,000 and choose from a range of term lengths from 6 months to seven years. So, if you request funds before 2.30pm on a Friday, well process the request that day and the funds will be in your nominated account by close of business on Monday.

Because youre locking it away, you get a guaranteed amount of interest as we wont change the interest rate during that time.