Compare Accounts

The products are summarised below and you can click the product name to find out more and apply online.

You also have the assurance that you are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme.

Access Accounts
Product Interest Rate AER Open with Account Management Withdrawals

Online Easy Access Account

(Issue 42)

Online Easy Access Account is currently exclusively available to existing Cynergy Bank customers.

0.66% AER/variable including 12 month bonus (after 12 months the interest rate reverts to the gross underlying variable rate).

For accounts opened on and after 5.30pm on Tuesday 12 October 2021.

£1

Online only

Unlimited without notice

No penalty fees

Online ISA

(Issue 17)

0.65% tax-free/AER variable

For accounts opened on and after 5.30pm on Tuesday 12 October 2021.

£1

Online only

Unlimited without notice

No penalty fees

Cash ISA

Variable rate

Loyalty

0.00% 

Advertised

0.00% 

Minimum deposit £500

By Post

Online

Unlimited without notice

No penalty fees

Fixed Accounts
Product Interest Rate AER Open
with
Account
Management
Withdrawals

Cash ISA

1 year fixed term

Loyalty*

0.85%

Advertised

0.66%

Minimum deposit £500

By Post

Online
Fee-free withdrawals at the end of fixed term.

Cash ISA

2 years fixed term

Loyalty*

1.02%

Advertised

0.90%

Minimum deposit £500

By Post

Online
Fee-free withdrawals at the end of fixed term.

Cash ISA

3 years fixed term

Loyalty*

1.16%

Advertised

0.95%

Minimum deposit £500

By Post

Online
Fee-free withdrawals at the end of fixed term.

Fixed Rate Bond

1 year

Loyalty*

1.23%

Advertised

1.22%

Minimum deposit £10,000

By Post

Online
Withdrawals are not permitted before the end of the term.

Fixed Rate Bond

2 years

Loyalty*

1.42%

Advertised

1.41%

Minimum deposit £10,000

By Post

Online
Withdrawals are not permitted before the end of the term.

Fixed Rate Bond

3 years

Loyalty*

1.51%

Advertised

1.50%

Minimum deposit £10,000

By Post

Online
Withdrawals are not permitted before the end of the term.

To protect you and as part of our legal account opening obligations, we are required to identify all account holders before we can open an account. Find out more.

* If you have been a Cynergy Bank customer for six months or more, you will automatically receive our loyalty rates when you deposit or reinvest in an eligible product.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Gross interest is the contractual rate of interest. Interest will be paid without deduction of tax. The tax treatment and the rate of interest payable depend on individual circumstances and may be subject to change in the future. Individuals may have tax to pay on any interest received that exceeds their Personal Savings Allowance. Further information on the Personal Savings Allowance can be found at www.gov.uk.

 

You have the security of knowing your eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme.

Looking for a better deal?

If you can put your money away for one year or more, you could earn a better rate on your savings. Find out more about our Fixed Rate Bonds.