Our Savings customers have made a smart choice because they have chosen our award-winning products, consistently strong rates and a guarantee that there is always a helpful person at the end of the phone. In today’s fast-paced and digital world, this attention to detail is worth its weight in gold.
If you’re happy to lock away your money for a while you can enjoy our best rates. Choose a fixed term account for one to seven years.
With a little commitment, you can earn a lot more interest. You just agree to give us notice - typically 120 days - when you want to withdraw your funds.
Earn a decent return on your money while making sure you can get your hands on it straight away.
We offer many of our savings accounts as ISAs, too. Invest up to £20,000 this tax year, and you won’t pay tax on any income you receive.
Your money is protected.
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. Any deposits you hold above the limit are unlikely to be covered. For further information or visit www.fscs.org.uk
Thanks to our consistency and customer focus, we have won several awards for our savings products.
Read our latest handy guide for a more detailed understanding on the different types of savings accounts.
You must be aged 18 or over and a permanent resident of the UK, excluding the Channel Islands and the Isle of Man.
Up to £85,000 of your money (£170,000 for joint accounts) is protected by the Financial Services Compensation Scheme, the UK’s deposit guarantee. So in the unlikely event that the bank were to get into trouble, you’d get your money back up to that limit.
You can open your account online - we need to check your eligibility and verify your identity, but then we should be able to open your account immediately.
With Easy Access and Notice Accounts, you can change your mind and cancel your account within 14 days of opening. This doesn’t apply to Fixed Term Accounts. However, with all Cash ISAs (including Fixed Cash ISA accounts), you can also change your mind and cancel your account within 14 days of opening.
Yes, some of our savings products can be opened as a Power of Attorney. Contact our dedicated customer service team on 0345 266 6611.