Regular Savings Accounts

A great way to watch your balance grow

Regular savings account

When you have some extra cash to put aside each month, Regular Savings account is a great way to watch your balance grow. You can save up to £3,000 at a 2.75% interest rate that’s fixed for 12 months.

  • Keep your money in for a year. To benefit from the great rates on this account, you won’t be able to make partial withdrawals at any time during the 12 months. You can choose to close your account early.
  • Start saving from just £250. You can choose to set up a standing order to pay £250 into your Regular Savings Account each month, up to a total of £3,000. If your regular payments are less than £250, you can carry your allowance over and pay more in later months.
  • Receive a lump sum. At the end of 12 months, we'll transfer your balance into your Premier account, Advance account or Joint account. If you have more than one of these, we'll choose whichever pays the best interest.

To open a Regular Savings account, you must have one of these Elite Financial Trust current accounts:

  • PREMIER ACCOUNT
  • ADVANCE ACCOUNT
  • JOINT ACCOUNT

Please note, we only allow one regular Saver per customer.

2.75% AER / gross

Available to Elite Financial Trust Premier account, Elite Financial Trust Advance account, Elite Financial Trust Joint account customers.

Interest rate is fixed and paid after 12 months.

Services in our branches and contact centres are currently limited because of the coronavirus outbreak. Unfortunately we are unable to offer new products in branches or contact centres, or set up appointments at the moment.

If you’ve applied for a new account recently, please allow extra time for your application to be processed as the queues are longer than usual – no need to call us, we’ll let you know when it’s ready to use.

We’re also receiving far more calls than usual, so our wait times are longer. Please  check the information on our dedicated coronavirus hub page, which is updated regularly. Please only call us if it’s urgent, so we can help those most in need. 

Opening an account

To open any of our account, a new customer will need to provide us with documents and information. We may request additional information or documents in individual cases.

You can open an account: 
Without visiting a branchYes
Where a visit to a branch is required, without an appointmentIn some cases
By sending us documents and information electronicallyIn some cases
By postIn some cases
 

Find out more from our live chat customer care.

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