Legacy savings accounts

 

These accounts are no longer accepting new applications.

This is intended for information purposes only.

 
  • 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
    • Interest is paid at 0.85% gross p.a./AER* (annual interest option). A minimum balance of £1,000 is required to earn interest
    • Interest is paid monthly or annually
    • The minimum balance is £1,000
    • Download the product additional conditions.
  • 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 >

  • Investec High 10 Account

    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 >

  • Premier Interest Cheque Account

    Key features
    • You have convenient, flexible access to your funds through online and telephone banking
    • The account carries a cheque book, and standing orders and direct debits can be set up
    • Interest is paid monthly at 0.50% gross AER* 
    • Interest will be paid without tax being deducted from 6 April 2016. 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.
    • No notice, easy access account.
  • High Interest Cheque Account

    Key features
    • You have convenient, flexible access to your funds through online and telephone banking
    • The account comes with a cheque book, and standing orders and direct debits can be set upInterest is paid monthly at 0.25% gross AER*
    • Interest will be paid without tax being deducted from 6 April 2016. 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
    • No notice, easy access account.
  • 3 Year Base Rate Plus - protect your returns

    Key features
    • Fixed minimum interest rate
    • No matter what happens to interest rates, you'll never earn less than 2.25% AER
    • The 3 Year Base Rate Plus (Release 2) pays 0.50% above the Bank of England Base Rate (variable). So if the Bank of England Base Rate goes up beyond 1.75%, you will earn the Bank of England Base Rate plus 0.50%
    • 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
    • Please read this important information about your rights under the United Kingdom’s Financial Services Compensation Scheme.
  • 5 Year Step Up Bond - protect your returns

    Key features
    • This fixed term bond pays 2.75% AER* for the first 3 years, and then increases to 3.00% AER* for the remaining 2 years
    • Interest is paid annually
    • The 5 Year Step Up Bond allows you to future proof your savings by giving you an assured rate of return
    • 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 £2m.
  • 2 Year Double Base - enhance your returns

    Keay features
    • The rate for the most recent issue is double the Bank of England Base Rate plus 0.70%. So if the Base Rate changes your rate will change
    • Based on current rates, you will receive 1.20% (variable)
    • 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
    • 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 £2m.
  • Direct Reserve Account

    Key features
    • See the table below for our current rates. Balances below the minimum balance do not earn interest
    • 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.
    Interest rates for the Direct Reserve account (all gross AER*)

    Balance in currency:  25,000 to 2,000,000

    • Sterling = 0.85%
    • Euro = 0.05%
    • US = 0.50%

    Please read this important information about your rights under the United Kingdom’s Financial Services Compensation Scheme.

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.