Looking for an instant access saver you can top up and dip into when you need to?
Open and manage online, on our app, in branch or via an agency, with unlimited withdrawals and no notice (provided you keep the minimum balance). FSCS protection covers eligible deposits up to £120,000 per person.
Issue 5
Interest Rate AER / Gross - Variable : 2.45% - 2.70%
Minimum - Maximum Balance : £1 to £2,000,000
Open and manage your account : Online, in Branch or Agency or via the App
You must be:
- At least 16 years old.
- A UK resident (excluding Northern Ireland).
May be suitable for you if:
You would like the ability to have instant access to your funds.
You would like to make additional deposits to your savings.
You would like to open and manage this account online and/or in person from Monmouthshire Building Society Branches.
Not suitable for you if:
You would like a fixed rate of interest on your savings.
You want to open this account over the phone or by post.
Additional Information:
- Unlimited withdrawals can be made without notice or loss of interest, subject to the minimum balance being maintained.
Click below to expand the Instant Saver Summary Box and Terms and Conditions.
| What is the interest rate? |
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| Can Monmouthshire Building Society change the interest rate? |
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| What would the estimated balance after 12 months based on a £1,000 and a £15,000 deposit? |
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| How do I open and manage my account? |
Who can open
How to open
Minimum
Maximum
How to manage
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| Can I withdraw money? |
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| Additional Information |
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It is important that you read the following before deciding to open an account:
Instant Saver Terms and Conditions
Other Important Information:
General Terms and Conditions for Savings Accounts
The information provided in the summary box is a summary of the key features of the Instant Saver and is not intended to be a substitute for reading the terms and conditions above that apply to the account.
If you have read and understood all the information provided, and you would like to apply for an Instant Saver simply click below.
Alternatively, you can visit one of our branches or agencies in person.
An instant access saver is a variable-rate savings account that lets you pay in and withdraw whenever you like without notice.
You must be 16 or over and a UK resident (excluding Northern Ireland). The instant access saver can be opened in sole or joint names.
You can open and manage the instant access saver online, on our app, or in a MonBS branch or agency. (Telephone or postal opening isn’t available for this account.)
Yes. The instant access saver allows unlimited, penalty-free withdrawals without notice, as long as the £1 minimum balance is maintained.
Yes. Eligible deposits in our Instant Access Saver are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person. This gives our building society savers peace of mind that their money is protected.
For an instant access saver, Interest is shown as AER (Annual Equivalent Rate) which describes what the interest rate would be if interest was paid and compounded once each year, so you can compare accounts fairly.
Yes - by design, an instant access saver is ideal for short-term goals and rainy-day funds because you can withdraw at any time without notice.
If you need rate certainty and no access to your money for a certain period of time, a fixed-rate bond or ISA may suit you better. Choose the instant access saver if flexibility and access are your priorities.
The instant access saver has a minimum balance of £1 and a maximum balance of £2,000,000 (across all products). You can add funds whenever you like and make unlimited withdrawals (keeping at least £1 in the account).
