Saving Accounts

At Secure Trust Bank, we have a full range of savings accounts. We like to make sure that your hard earned cash works harder for you. Each account offers a hassle-free way to save money and give you the peace of mind that your money is in safe hands.

Secure Trust Bank is a member of the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000.

We are members of the Financial Services Compensation Scheme which protects individual savers up to £50000 and joint savers up to £100000. For more information please visit www.fscs.org.uk.

Most depositors, including individuals and small firms are covered. Larger businesses are generally excluded from the scheme, although there are some exceptions to this for deposit and insurance claims.

Compensation is paid only if a claim is eligible under FSCS rules. The Scheme covers deposits made with the offices of the bank within the European Economic Area and deposits denominated in all currencies are treated alike. Further details of the Scheme are available on request.

Our Savings Products

60 Day Variable Notice Savings Account (Issue 2)

Benefits

Summary Box Key Product Information
For our 60 Day Variable Notice Savings Account Issue 2

Account Name

60 Day Variable Notice Savings Account Issue 2 *

Interest rates (AERs)

Balances in the range(s)

GROSS RATE % p.a

GROSS A.E.R %

NET RATE % p.a

£2,000 - £1,000,000

4.17

4.24

3.34

Tax Status

Interest payable as per customer instruction

Conditions

Interest credited 31st March, 30th June,

30th September and 31st December

Maximum 3 withdrawals per annum

Minimum initial deposit £2,000

(Limited Companies, Charities and Trusts £10,000)

Minimum subsequent deposits £1000

Maximum balance £500,000 single accounts (£1,000,000 Joint Accounts , Limited Companies, Charities and Trusts)

Withdrawal arrangements

Withdrawals subject to 60 days notice (Ask for details)

Access

Phone /Post /Branch

* Terms and conditions apply

Deposit Account

Ideal for: Those looking for an easy way to save and watch their money grow.

Benefits:

Summary Box Key Product Information for our Savings Account(s)

Account Name

Deposit Account

Interest rates (AERs)

Variable Interest Rate

Balances in the range(s)

GROSS RATE % p.a

GROSS A.E.R %

NET RATE % p.a

£1,000 - £4,999.99

1.00

1.00

0.80

£5,000 - £9,999.99

1.25

1.26

1.00

£10,000 - £24,999.99

1.50

1.51

1.20

£25,000 - £49,999.99

1.75

1.76

1.40

Tax Status

Interest payable as per customer instruction

Conditions

Interest credited 31st March, 30th Sept,

30th Sept & 31st Dec

Minimum deposit £1

Maximum deposit £100,000

Repayable on demand

Withdrawal arrangements

Withdrawals are permitted without penalty

Access

Phone /Post /Branch

* Terms and conditions apply

60 Day Notice Savings Account
(Withdrawn Account)

Benefits

Summary Box Key Product Information for our 60 Day Notice Savings Account

Account Name

60 Day Notice Savings Account *

Interest rates (AERs)

Guaranteed interest rate 6.57% for the first 12 months,

then reducing to 5.57% thereafter.

First 12 months

Balances in the range(s)

GROSS RATE % p.a

GROSS A.E.R %

NET RATE % p.a

£1,000 - £1,000,000

6.57

6.73

5.26

Then reducing to:

Balances in the range(s)

GROSS RATE % p.a

GROSS A.E.R %

NET RATE % p.a

£1,000 - £1,000,000

5.57

5.69

4.46

Tax Status

Interest payable as per customer instruction

Conditions

Interest credited 31st March, 30th June,

30th September and 31st December

Maximum 3 withdrawals per annum

Minimum initial deposit £1,000

(Limited Companies £10,000)

Minimum subsequent deposits £500

Maximum balance £1,000,000

Immediate withdrawals subject to 60 Day interest penalty

Withdrawal arrangements

Withdrawals subject to 60 days notice (Ask for details)

Access

Phone /Post /Branch

* Terms and conditions apply

High Interest Deposit Account
(Withdrawn Account)

Ideal for: Those who have a little more to invest for a fixed period of time.

Features:

At the end of the fixed term you have 4 options available:

1. You can withdraw the interest and reinvest the original deposit for a further fixed period.

2. You can reinvest both the original deposit and the interest for a further fixed period.

3. You can withdraw both the original deposit and the interest.

4. You can reinvest the original deposit and the interest and add a further deposit.

* Terms and conditions apply

Secure Tracker Account
(Withdrawn Account)

Ideal for: Those who want an account that guarantees interest tracked to the Bank of England 'base rate'.

Summary Box Key Product Information for our Savings Account(s)

Account Name

Secure Tracker Account

Interest rates (AERs)

Guaranteed interest rate 0.75% above the Bank of England 'base rate'.

Balances in the range(s)

GROSS RATE % p.a

GROSS A.E.R %

NET RATE % p.a

£1,000 - £50,000

2.75

2.78

2.20

Tax Status

Interest payable as per customer instruction

Conditions for bonus payment

Interest credited 31st March, 30th June, 30th September and 31st December

Maximum 3 withdrawals per annum

Minimum initial deposit £1000

(Limited Companies £10,000)

Minimum subsequent deposits £500

Maximum balance £50,000, single account.

(£100,000 for joint accounts).

Immediate withdrawals subject to 60 Day interest penalty

Withdrawal arrangements

Withdrawals subject to 60 days notice

(Ask for details)

Access

Phone /Post /Branch

* Terms and conditions apply