Whilst the Bank of England has held its bank rate unchanged since December 2025, the interest rates payable on personal savings held with Investec private bank have increased.
Here is a reminder of the Investec private bank savings offering. For more information, please see the account terms and conditions.
What Private Bank Savings Accounts are available?
At Investec we offer two types of private bank deposit accounts: the Voyage Reserve, and the 3 Month Reserve. Both accounts are ‘Notice’ accounts, which means you need to tell us in advance if you want to withdraw funds.
What are the interest rates and notice periods for withdrawal?
The Voyage Reserve account has no minimum or maximum balance. You will need to give a notice period of one month to withdraw funds.
The 3 Month Reserve account also has no minimum or maximum balance. In return for a higher interest rate that Voyage Reserve you will need to give to give a notice period of three months to withdraw funds.
The current interest rates are:
| Product | Currency | Notice | Gross p.a.^ / AER* (variable) |
|---|---|---|---|
| Voyage Reserve | GBP | 1 month | 3.83% / 3.90% |
| 3 Month Reserve | GBP | 3 month | 3.93% / 4.00% |
The same rate applies across your full balance, with no minimum balance requirement. Interest is calculated daily and paid monthly.
What are the latest benefits of using an Investec savings account?
Our increased interest rates (detailed in the tables above) mean that you can now earn a more competitive rate of interest on a higher balance.
We have removed the tiers that previously existed on these accounts, so all private clients benefit from the improved interest rates. There is no upper limit to the amount you can deposit.
Notice accounts are ideal for when you know you have no immediate need for the savings and can plan 1 or 3 months ahead. Designed with the needs of high-net-worth individuals in mind, both the Voyage Reserve account and the 3 Month Reserve account benefit from the support of one of our private bankers, who continue to oversee transactional banking, lending and foreign exchange requirements through our network of specialists.
Your savings account balance can be viewed digitally alongside your transactional banking or currency access account balances. You can ask your private banker to move your money between accounts for you, or you can manage transfers yourself online or using our app, if you prefer.
Do the accounts have a cash withdrawal limit?
There are no limits on the amount you are able to withdraw; it is possible to withdraw your full balance by giving the corresponding period of notice.
Am I eligible for one of these private bank savings accounts?
To open a new Voyage Reserve or 3 Month Reserve account with us you must meet our Private Bank eligibility criteria (a minimum annual income of £300,000 and a net asset value of £3million or more) and have an existing current account or loan with Investec Private Bank.
You must also be a UK resident.
Is there anything else I should take into consideration?
When thinking about your savings, it’s important to consider your short and long-term goals. It is prudent to consider a diversified savings strategy that is right for you. For any further considerations unique to your circumstances, we recommend seeking independent financial advice.
For more information about how we can help you with your private banking needs, please get in touch today.
Our Private Bankers are highly experienced with a history in complex lending and relationship management.
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