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Premium Saver
When you’re looking to put money away for the future, you want an account that encourages you to keep building up your savings. So choose Premium Saver, which is a 30 day notice account, and take away the temptation of instant access. In return, our attractive tiered rates of interest will help your nest egg grow.
With attractive tiered, variable rates of interest, our Premium Saver account rewards you for saving by paying you more as your money grows. And to help you keep it that way, if you’d like to make a withdrawal, you must let us know 30 days in advance. Of course there’s access if you really need it, but you’ll lose 30 days’ gross* interest on the amount you withdraw
| Summary Box Key Product Information for our Savings Account |
|
|---|---|
| Account Name | Premium Saver |
| Interest Rates (AERs) | The interest rates payable are tiered and variable. |
| Tax Status | Interest is paid net* of basic rate tax |
| Condition for bonus payment | No bonus payments exist for this account |
| Withdrawal arrangements |
Withdrawals can be made with no loss of interest provided you give us 30 days written notice before the withdrawal. You can withdraw without giving any notice but there will be a penalty equivalent to 30 days loss of gross* interest on the amount withdrawn at the existing rate |
| Access | Branch and by post |
Features & Benefits
- Minimum balance of £1,000
- Maximum balance of £1,000,000
- Operate in branch or by post
- Interest is paid annually on the first working day after 1st January or monthly paid at the end of each month into an account of your choice
- Passbook based account
- Can be opened as a joint account for two or more people
- The convenient option to save regularly by Direct Debit
*For an explanation of terms such as AER, Gross and Net, please see our glossary 
.
Britannia is a trading name of The Co-operative Bank plc, which is a member of the Financial Services Compensation Scheme (FSCS) that would pay compensation to eligible customers in the unlikely event of the Bank becoming insolvent. Find out more
