This comparison simply includes all savings accounts.
Teachers Building Society Savings Accounts
Why we like it: Unlimited deposist and withdrawals, interest paid annually. Includes 0.61% AER bonus for first 12 months. Eligible deposits covered by UK FSCS.
Why we like it: Balances from £1,000 to £1 million. Unlimited withdrawals without restriction or loss of interest. Eligible deposits covered by UK FSCS.
Why we like it: Minimum deposit £1. Unlimited deposits. Transfer in ISAs held elsewhere - no limit. Eligible deposits covered by UK FSCS.
Why we like it: Minimum deposit £500. Transfer in ISAs held elsewhere - no limit. Eligible deposits covered by UK FSCS.
Why we like it: Minimum deposit £1000. No withdrawals permitted. Apply online. Eligible deposits covered by UK FSCS.
Why we like it: Save from £5,000 to £500,000. No additional deposits or withdrawals permitted. FSCS Protected
Why we like it: Save from £5,000 to £500,000. No additional deposits or withdrawals permitted. FSCS Protected
Why we like it: Minimum deposit £1,000 - No withdrawals permitted - FSCS Protected
Why we like it: Minimum deposit £1,000 - No withdrawals permitted - FSCS Protected
Why we like it: Higher rates available if investing over £20,000 (6.06%) or over £100,000 (7.01%). Invest up to £20,000 this tax year and/or transfer in from an existing Cash ISA, Stocks & Shares ISA or IFISA. When you join the easyMoney family you will automatically become an easyMoney plus card member, offering savings at over 1,000 of Britain’s biggest retailers and more! e-Money Capital Ltd trading as easyMoney is authorised and regulated by the FCA (FRN 231680). As with all investing, your capital is at risk when you lend to businesses and returns are not guaranteed. No FSCS. For more details please refer to our full risk statement.
Disclaimer: When making a peer to business loan, your capital lent to a borrower is not covered in the event of loss by the FSCS
Why we like it: Invest up to £20,000 this tax year (2018/19) and/or transfer in from an existing Cash ISA, Stocks & Shares ISA or IFISA. Invest over £1,000 and you will automatically become an easyMoney plus card member, offering savings at over 1,000 of Britain’s biggest retailers and more! e-Money Capital Ltd trading as easyMoney is authorised and regulated by the FCA (FRN 231680). As with all investing, your capital is at risk when you lend to businesses and returns are not guaranteed. No FSCS. For more details please refer to our full risk statement.
Disclaimer: When making a peer to business loan, your capital lent to a borrower is not covered in the event of loss by the FSCS
Why we like it: 5.00% interest for 12 months on balances up to £2,500 for the first year. You must pay in £1,000 or more each month to receive interest (excluding transfers from any Nationwide account held by you or anyone else). 12 month fee-free arranged overdraft available. No monthly fee. Must be aged 18 or older.
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.
