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Easy access savings

Simple. Flexible. Rewarding.

Start saving today with a minimum deposit of £25,000.
Your eligible savings are protected up to £85,000 by the FSCS.
Download our app to open an account in 5 minutes.
Rosanocc Bank Member ServicesRosanocc Bank Member Services

Account overview

3.36% AER (Variable)

Interest is paid monthly into your Rosanocc Easy Access account.

Peace of mind

Eligible savings you hold with us are protected by the FSCS up to £85,000.

Loyalty rates

Benefit from our loyalty rates when you open a new Fixed Term Deposit at the end of the term.

Open a savings account in 5 minutes.

Things to note

  • The interest rate on our Easy Access Savings account is variable and may change from time to time.
  • You must be UK resident, at least 18 years old , and have a UK bank account to apply.
  • Minimum account balance of £25,000 unless you already have savings with us (you must hold a minimum of £25,000 across all your Rosanocc savings accounts).

Summary Box

This summary contains key information about the Fixed Term Deposit you have selected. Please read it carefully alongside the Fixed Term Deposit Terms and our General Savings Terms.

Easy Access Savings
What is the interest rate?

3.31% Gross / 3.36% AER

AER stands for Annual Equivalent Rate. This shows you what the interest rate would be if interest was paid and compounded once each year. Gross is the rate of interest payable before income tax is deducted.

Interest is calculated daily and paid monthly to this account.

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Can Rosanocc change the interest rate?

Yes. The interest rate is variable and may change.

We can change the interest rate at our discretion for any of the reasons detailed in Section 3 of our Easy Access Savings account Terms.

We will contact you if your rate is going up or going down. We will give you at least 14 days’ notice in advance of any rate reduction. If we increase the rate, we will apply it immediately and we will inform you of the increase within 30 days of it being made.

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What would the estimated balance be after 12 months based on a £1,000 or £25,000 deposit?

£1,033.60 at an interest rate of 3.36% AER (variable)

£25,840.00 at an interest rate of 3.36% AER (variable)

For the purposes of this calculations we assume that:

  • You make a deposit of £1,000 or £25,000 on the account opening date
  • You make no additional deposits or withdrawals
  • The interest rate remains the same for 12 months
  • The interest is paid into your Easy Access Savings account

The above is for illustrative purposes only and does not take into account any individual circumstances

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How do I open and manage my account?

You can open and manage your account through the Rosanocc mobile app.

Eligibility:

  • you must be aged 18 or over
  • you must be a UK resident
  • this account can only be opened in one person’s name
  • you must have a personal UK bank account that allows transfers to be made to and from your Rosanocc Easy Access Savings account
  • you can only have one Easy Access Savings account

Minimum and Maximum Balance:

  • £25,000 minimum balance across all Rosanocc savings accounts you hold including this one.
  • £400,000 maximum balance across all Rosanocc savings accounts you hold including this on.

Making Deposits:

  • Deposits can only be made by electronic payment from your Linked Account.
  • Any funds received from another account that is not your Linked Account will be returned.
  • We do not accept deposits in cash or cheque.
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Can I withdraw money?

Yes, you have 24/7 access to your savings via the Rosanocc mobile app.

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Additional information

We do not deduct tax from any interest paid to you.

You will need to pay any tax you owe to HMRC or other Tax authorities applicable to you.

Please note: The information provided here is a summary of the key features of our Easy Access Savings account. Further information can be found in our Easy Access Savings Terms.

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