Easy Access accounts

Easy Access Issue 38



Gross AER


4.70% annually

4.60% monthly

Min balance


Max balance

£85,000 sole

£170,000 joint

Get next working day access to your money

Good for you if

  • you might need to make withdrawals
  • you want to save with someone else

Consider something else if

  • you want a fixed rate
  • you can leave your savings untouched

Features and benefits

Unlimited withdrawals
Take out money whenever you like, as long as the amount is at least £500. You'll receive your money within one working day if you withdraw before 9:30pm.

Low opening balance
You can open this account with as little as £1,000. Save up to £85,000.

Joint accounts available
Increase the amount you can save by sharing this account with someone else.

Apply Now

It’s simple, choose whether you want to receive your interest monthly or yearly, and complete our short application form.

Additional Information

Can Shawbrook change the interest rate?
Yes. The interest rate is variable, which means we can change it up or down at any time. If your balance drops below £1,000 your rate will change to 0.05% gross/AER variable).

How do I open and manage the account?
You can only open this account online. You can manage the account online or by phone.

Can I withdraw my money?
Yes. You can make unlimited withdrawals at any time. Withdrawals made before 9:30pm will appear in your linked account by the end of the next working day.

Are my deposits protected?
Eligible deposits are protected up to a total of £85,000 per person by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered. If you have a joint account, you'll be protected for £85,000 each. This means that up to £170,000 could be protected in your joint account.

What would the estimated balance be after 12 months based on a £1,000 deposit?

Opening deposit


Balance after 12 months


This is an illustrative example. It assumes no withdrawals and no changes to the variable interest rate over the period, with interest paid and compounded annually on a cleared deposit. Interest is rounded to the nearest pound.

Apply Now

Get flexibility and a competitive rate with our easy access account. Simply choose whether you want to receive your interest monthly or yearly and complete our short application form. 

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