This comparison simply includes all savings accounts.
Teachers Building Society Savings Accounts
Why we like it: Which? Recommended Savings Provider. No notice period. Deposit from £100. Interest paid monthly or annually. Apply in minutes. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services. Compensation Scheme (FSCS)
Why we like it: Interest can be paid monthly or annually. £500,000 maximum balance. FSCS Protected. Must be UK resident and aged 18 or older. Unlimited withdrawals subject to 45 days notice
Why we like it: Interest can be paid monthly or annually. £500,000 maximum balance. FSCS Protected. Must be UK resident and aged 18 or older. Unlimited withdrawals subject to 45 days notice
Why we like it: Minimum deposit £1000. No withdrawals permitted. Apply online. Eligible deposits covered by UK FSCS.
Why we like it: Minimum deposit £1,000. Interest paid at maturity. No withdrawals permitted. Apply online. Eligible deposits covered by UK FSCS.
Why we like it: Which? Recommended Savings Provider. Save from £1,000 to £1,000,000. No withdrawals before the end of the term. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)
Why we like it: Which? Recommended Savings Provider. Save from £1,000 to £1,000,000. No withdrawals before the end of the term. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)
Why we like it: Which? Recommended Savings Provider. Save from £1,000 to £1,000,000. No withdrawals before the end of the term. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)
Why we like it: Which? Recommended Savings Provider. Save from £1,000 to £1,000,000. No withdrawals before the end of the term. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)
Why we like it: Earn 1.00% AER (variable) interest on balances up to a maximum of £20,000. Up to 3% CASHBACK on various household bills. Monthly fee of £5. Cashback capped at £5 for each cashback tier each month. Must pay in £500 pm.
Why we like it: Check where you’re up to anytime, anywhere with our app and online banking. Keep track of your money with real-time balance and transaction details. Instant spending alerts. Send money in seconds to your existing payees or set up new ones. Contactless debit card. Pay in cash and cheques at the Post Office. Use your fingerprint or facial recognition as a way to access your account. Lock your card if you lose it, and unlock it again if it turns up. No minimum monthly pay in. No fees if we’re refusing a payment due to lack of funds (such as if a Direct Debit bounces). No credit checks. Improve your credit score. Apply in a few minutes with no tricky questions
Compare Teachers Building Society savings accounts
The right savings account can help you reach your savings goals quickly. Flexibility, interest rate, minimum deposit and maximum balance are just a few factors to consider when looking for a new savings account.
Easy access accounts are a common option for those who require flexibility with their savings, as they often permit unlimited withdrawals and provide interest on savings.
Teachers Building Society’s Easy Saver provides a modest rate of interest and allows you to withdraw from your savings at your convenience.
Interest rates with notice savings accounts are typically higher than those found in some other savings accounts, but often require a number of days’ notice to make a withdrawal.
The Notice 35 account from Teachers Building Society requires 35 days’ notice, but has a higher interest rate than their easy access account.
If you are prepared to tie up your savings for a prolonged period of time, then you could look into your fix rate bond options. Fixed rate bonds generally have the most competitive interest rates on the market, guaranteed for the life of the bond, providing you do not touch your savings.
Teachers Building Society advertise a 1 year fixed rate bond that comes with their best interest rate.
The interest you earn on your savings is not the only factor to consider when looking at a savings option, as the amount of tax you may have to pay on the interest of your savings could be a factor as well.
If you are likely to earn a significant amount of money through the interest on your savings, you might want to open a cash ISA. By opening a cash ISA you can earn up to £20,000 tax-free interest on your savings.
Teachers Building Society offer two ISA options: Cash ISA and Cash ISA Notice 90. As a general rule ISAs do not provide the highest interest, but the option to earn tax-free interest cannot be ignored.
