Eligible current and savings account required. Conditions and app criteria apply.
Exclusively for current account customers, aged 16 and over. UK residents only.
Save whatever you want, whenever you want, and earn 0.10% AER/Gross p.a. (variable)
Earn a better rate of interest on balances over £25,000
Enjoy tax-free interest on your savings up to £20,000
Open with as little as £1 and top up on the go
Access your money anytime, anywhere
Any interest earnt won't be taxed up to £20,000 for the current tax year
Access funds instantly, if you need them
Hold the account in trust for a child or in the child’s own name if they’re 7 or over
Apply online in 5 minutes
Savings have the advantage of being dependable, predictable and easy to access. If you know you'll need a set amount of money in the next 12 months, for example, then regularly depositing in a savings account may be the best solution. Savings will grow over time as more money is put away and any interest paid accrues on your balance.
If you are saving for a longer-term goal, typically five years or more, investing your money has the potential to grow your money and help protect your buying power from the effects of inflation.
The value of investments can go down as well as up, your capital is at risk. Eligibility criteria, fees and charges apply.
Our savings tools can help you to gain control over what’s coming in, what’s going out and how you could save more.
Your savings hub can help you find out about your interest rate and when you will be paid the interest you've earnt. Help your savings grow by using our tools and top tips. And you can learn about your personal savings allowance. Manage your account by clicking below and logging in.
Your eligible deposits held by a UK establishment of Royal Bank of Scotland are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.
Find out more about the scheme and how it protects your money.
