Legacy savings accounts

 

These accounts are no longer accepting new applications.

This is intended for information purposes only.

 
  • E-asy Access Account

    Key features
    • Eligibility criteria
      Minimum balance of £25,000 is required.
      Maximum balance of £250,000.
      Account available to individuals over the age of 16.
    • Interest
      Interest of 0.70% AER* on savings between £25,000-£250,000.
      If the balance falls below £25,000 a reduced interest rate of 0.10% AER* is paid.
      Interest is paid monthly and is variable. Managed rates apply.
      Interest is compounded unless paid away to a different account.
    • Current rates table
    Current rates
      Monthly interest option (gross p.a.) Annual interest option (gross p.a. AER*)
    £0 - £24,999 0.10% 0.10%
    £25,000 - £250,000 0.70% 0.70%
     
    • Can Investec change the interest rate?
      The interest rate is variable. For details on how the rate can change, go to the Banking Relationship Agreement. Click here to download a copy.
    • Tax status
      Interest is paid without tax being deducted.
      Your tax treatment of the interest receipt will depend on your individual circumstances and if you have any specific tax questions, you should seek professional tax advice. Alternatively, further guidance can be found on the HMRC website.
      Please note that your tax treatment may be subject to change in the future.
    • Withdrawal
      No notice period required - make withdrawals at any time.
      Direct debits and standing orders cannot be made out of this account.
      Click here for a full list of our terms and conditions. 
    • Access
      Access your account information online or via telephone banking.
    • What would the estimated balance be after 12 months, based on a £25,000 deposit?
      At current interest rates, a deposit of £25,000 would generate an interest of £175.56 after 12 months. This would provide a final balance of £25,175.56.
      If at any time the balance falls below £25,000 a reduced interest rate of 0.10% gross p.a/AER* variable would be paid.
      A balance of £10,000 would generate an interest of £10 after 12 months. This would provide a final balance of £10,010.
      Both examples above are for illustrative purposes only and assume that the initial balance remains unchanged and interest is paid into the E-asy Access Account.
    • Further information
      For further information please contact us on +44 (0) 20 7597 4131. Investec Specialist Bank is a part of Investec Bank plc (registered no. 489604).
      Registered address:
      2 Gresham Street
      London
      EC2V 7QP
      Investec Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is a member of the London Stock Exchange.
      **Interest is not compounded and will be paid to the account selected by you at the point of application.
  • Investec High 5 Account

    Key features
    • Interest rate paid is set independently, updated weekly and is the average of the top 5 gross interest rates from banks and building societies (with more than £5bn in consumer deposits) published in the best buy tables on the Moneyfacts website
    • Three-month notice account
    • Interest is paid monthly or annually and can be paid away to another UK bank or building society
    • Online banking access
    • Minimum balance of £25,000 to earn interest
    • Maximum balance of £100,000.

    Historical interest rates >

  • Investec High 5 Account Issue 2

    Key features
    • Interest rate paid is set independently, updated weekly and is the average of the top 5 savings rates from banks and building societies (with more than £5bn in consumer deposits) published in the best buy tables on the Moneyfacts website
    • Three-month notice account, with no early withdrawals permitted
    • Interest is paid monthly or annually and can be paid away to another UK bank or building society
    • Online banking access
    • Maximum balance of £100,000
    • A minimum balance of £25,000 is required to earn interest.

    Historical interest rates >

  • 3 Year Base Rate Plus - protect your returns

    Key features
    • Interest is paid annually
    • To see rates for release one and release two of this product, please see the rates table here
    • The term of the account is 3 years. You will not be able to close early or withdraw your money during this 3-year term
    • The minimum balance is £25,000
    • The maximum balance is £2,000,000.
  • 5 Year Step Up Bond - protect your returns

    • The interest rate on this fixed-term bond is fixed for the first three years and then increases for the remaining 2 years 
    • Interest is paid annually 
    • To see rates for this product, please see the rates table here
    • The term of the account is 5 years. You will not be able to close early or withdraw your money during the term of your account
    • The minimum balance is £25,000
    • The maximum balance is £2,000,000.
  • 2 Year Double Base - enhance your returns

    Key features
    • The rate on your account is linked to the Bank of England base rate. So if the base rate changes, your rate will change
    • The Bank of England base rate may increase or decrease, however, the interest rate on this deposit will never fall below 0%
    • Interest is paid annually
    • To see rates for this product, please see the rates table here
    • The term of the account is 2 years. You will not be able to close early or withdraw your money during this 2-year term
    • The minimum balance is £25,000
    • The maximum balance is £2,000,000.
  • Direct Reserve Account

    Key features
    • To see rates for this product, please see the rates table here
    • The minimum balance is £25,000, US$25,000 or €25,000
    • The maximum balance is £2,000,000 or US$2,000,000 or €2,000,000
    • There is a one-month notice period to withdraw funds from your account
    • Interest is paid monthly or annually.
  • Investec Cash ISA

    The Cash ISA limit from 6 April 2017 to 5 April 2018 is £20,000.

    Key features
    • The Investec Cash ISA is a tax-free savings account
    • One month's notice is required to withdraw your funds
    • To see rates for this product, please see the rates table here
    • Interest is paid monthly or annually
    • The minimum balance is £1,000.

Contact us

Download our banking relationship agreement
* AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. Gross means the interest rate payable before the deduction of tax. The AER is intended to be an indicative rate to help you compare the return on different savings products. Interest is paid gross.