Find the right choice for your savings
Whether you're saving for the long term, a special occasion or your future, you'll find the product that works best for you in our complete range.
What is an Easy Access Account?
An online account for those who need access to their savings quickly. Top up as often as you'd like and instruct us to withdraw funds anytime. No fixed term and no notice to be given, it really is that easy.
Our Easy Access Account interest rate is a managed rate, so is subject to change. For interest rate reductions, we will always give you at least 14 days' notice in advance of the changes being made.
Who can apply for an Easy Access Account?
To apply for an Easy Access Account with us, you should be:
- A UK resident
- Aged 18 or over
- Applying for a personal savings account, not on behalf of a business
- Depositing between £10,000 and £2 million per account
Is an Easy Access Account right for you?
- You like managing your money online
- You want the option to top up your account
- You want access to your funds without restrictions
- You have between £10,000 and £2 million to deposit
- You want a fixed rate
- You like managing your money via post/phone
Savings with easy access when you need it.
Our Easy Access Account can help your money grow while giving you access to withdraw funds by the end of the next business day.
What is a Fixed Rate Bond?
Our Fixed Rate Bond is designed to give you certainty about the interest rate you’ll receive for locking away your money for a fixed period of time.
At the end of the term if no maturity instruction is received, your funds including any interest earned will be paid into a Easy Access Maturity Account, where it will earn a managed variable rate.
Who can apply for a Fixed Rate Bond?
To apply for a Fixed Rate Bond you should be:
- A UK resident
- Aged 18 or over
- Applying for a personal savings account, not on behalf of a business
- Depositing between £10,000 and £2 million per account
Is a Fixed Rate Bond right for you?
- You’ll be able to meet the minimum deposit requirement
- You want one, simple rate for the full term
- You want to know exactly how much interest you'll earn
- You want quick access to your money
- You want to 'top up' with extra deposit
- You want an interest rate that moves in line with the base rate
A fixed rate for a fixed term
Our Fixed Rate Bond gives you a fixed rate of interest for a set period of time, so you'll always know exactly how much interest you'll earn at the end of the term.
What is a Fixed Rate Cash ISA?
Our Fixed Rate Cash ISA is a tax-free savings account. Your interest rate is fixed, so it will stay the same for the entire term of your savings account.
At the end of the term if no maturity instruction is received, your funds including any interest earned will be paid into a Cash ISA Maturity Account, where it will earn a managed variable rate.
A 14 day cooling off period applies. Withdrawals after your cooling off period are subject to a charge.
Who can apply for a Fixed Rate Cash ISA?
- To apply for a Fixed Rate Cash ISA you should be:
- A UK tax resident, or Crown Employee performing duties overseas (or married to or in a civil partnership with such a person)
- Aged 18 or over
- Depositing between £10,000 and £2 million per account
Is a Fixed Rate Cash ISA right for you?
- You’ll be able to meet the minimum deposit requirement
- You want one, simple rate for the full term
- You want to know exactly how much interest you'll earn
- You want quick access to your money
- You want to 'top up' with extra deposit
- You want an interest rate that moves in line with the base rate
A fixed rate for a fixed term
Our Fixed Rate Cash ISAs give you a fixed rate for the whole of your chosen term. It means you’ll always be sure how much interest you’ll earn on your tax-free savings.
What is a Notice Account?
An account to meet your short to medium term savings needs. As the name suggests, a Notice Account requires you to provide notice to release your funds. Our Notice Accounts allow you to enjoy an attractive interest rate without locking your money away for the long term.
Unlike a Fixed Rate Bond, the interest rate is a managed rate, so is subject to change. However, we will provide you with at least one month’s written notice of any reduction in rate.
Who can apply for a Notice Account?
- To apply for a Notice Account with us, you should be:
- A UK resident
- Aged 18 or over
- Applying for a personal savings account, not on behalf of a business
- Depositing between £10,000 and £2 million per account.
Is a Notice Account right for you?
- You have between £10,000 and £2 million to deposit
- You're happy to give the agreed notice to withdraw your funds
- You want the option to top up your account
- You want instant access to your money
- You want a fixed rate
An account to meet your short to medium term savings needs.
Our Notice Accounts allow you to enjoy an attractive interest rate without locking your money away for the long term.
Your eligible deposits held by a UK establishment of Close Brothers Limited are protected up to a total of £120,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.
Frequently asked questions
How do I pay funds into my account? Personal audience - Funding your account (personal)
You can fund or top up* your account by electronic transfer, cheque or ISA transfer (if applicable).
All funds must be transferred from your nominated UK bank account (excluding ISA transfers). This is the UK current account in your name(s) linked to your account with Close Brothers Savings. You may ask us to change this at any time up to five calendar days before any repayments are due.
By electronic transfer:
Type of account: Business
Account name: Close Brothers Ltd
Sort Code: 16-51-87
Account no.: Your Close Brothers Savings account number (if known) or 00000000
Reference: Your surname and postcode
Please make sure your funds are available when we process your application as we require both the completed application form and cleared funds to open your account. Funds can be sent in one single payment or by multiple instalments from your nominated UK bank account.
By cheque:
For applications in your sole name, your cheque must be drawn on either a personal UK bank account in your sole name or a joint account (of which you are a party). For applications in joint names, your cheque must be drawn on a UK bank account in your joint names or in either of your sole names.
You will need to supply proof of the source of funds for building society counter cheques. We accept a copy of a building society passbook or statement showing your account number and sort code. It is mandatory that cheques are made payable to:
CLOSE BROTHERS LTD A/C ‘RE: ACCOUNT HOLDER’S NAME’
e.g. for an account in the name of Mr John Smith, the cheque should be made payable to Close Brothers Ltd a/c ‘re: Mr John Smith’
Cheques should be sent to: Close Brothers Savings, 10 Crown Place, London, EC2A 4FT
By ISA transfer:
Complete the ISA transfer request as part of your application. Alternatively, you can complete the ISA Transfer Request Form below and return it to us at: Close Brothers Savings, 10 Crown Place, London, EC2A 4FT
*Please refer to your product terms and conditions to find out if your account is eligible for top ups.
When will I receive my annual certificate of interest? Personal audience - Managing your account (personal)
Your annual certificate of interest is sent to you annually at the end of the tax year in April. This will be sent out to you in the post and should arrive with you by mid May.
If you are registered for online banking, your certificate will also be available in your Online Document Library in May.
How can I contact Close Brothers Savings? Personal audience - Managing your account (personal)
If you have an online account with Close Brothers Savings, you can contact our Customer Services team by logging in to your account and sending us a secure message.
Alternatively, you can contact us via:
Phone: 0203 857 3050 (Monday to Friday, 9am-5pm excluding bank holidays)
Post: Close Brothers Savings, 10 Crown Place, London EC2A 4FT
How do I change my nominated bank account details? Business audience - Updating your details
Simply complete a change of bank account form and return it to us with a copy of your bank statement. The statement must be dated within the last three months, showing the business name, account number and sort code (internet statements are accepted however we do not accept screen shots of internet statements). We also accept voided cheques or paying in slips.
Alternatively, we can accept a letter on company headed paper requesting the change and including a recent statement. The letter should be signed by at least one authorised person. We aim to complete your request within five working days.
Can I withdraw funds early? Personal audience - Managing your account (personal)
To find out if you can withdraw funds from your account, please refer to the summary below.
Easy Access:
You can request to withdraw funds at any time using your online account. Your funds will be repaid by the end of the next working day.
Notice Account:
You may place notice to withdraw funds at any time using your online account, in writing or over the telephone. Your funds will be repaid following completion of the applicable notice period.
Fixed Rate Bond:
You can’t take money out of a Fixed Rate Bond, so you need to be sure you’re able to leave your money in the account until the end of the term (maturity).
Fixed Rate Cash ISA:
During your 14 day cooling off period you have the right to withdraw your funds without incurring a charge. Simply login to your online account and submit a secure message, call or write to us.
After your cooling off period, if you decide to close or transfer your ISA before maturity, you must withdraw the full amount and you will be charged the appropriate amount of interest on your account balance at the time of transfer. To see how much interest you will be charged please refer to your product terms and conditions.