Saving for one of those 'what if' moments? Or just keen to make sure your savings are working hard for you? Let us steer your savings in the right direction with our Member Saver account.
Earn our highest rate of 4.00% AER / 3.93% gross p.a.(variable) and get easy access to your money. You can manage your account online and make as many deposits as you like up to a maximum of £1m. You can also withdraw your money at any time and at no cost.
It's quick and easy to apply for our Member Saver account. You need to be:
Aged 18 or over.
A UK resident with a UK address.
A UK tax resident.
You'll also need to have:
A UK mobile phone.
An open UK bank or building society account that can be used as a nominated account.
And you'll need to deposit a minimum of £1,000 within one month of opening your account.
To get this special rate you must have AA breakdown cover or an AA insurance policy taken out directly with the AA and not as part of a bank account benefit, third-party insurance contract, or through your vehicle's manufacturer.
AA Savings is provided by National Westminster Bank plc trading as NatWest Boxed.
How to apply for an account
Select 'Log in to apply' and follow the instructions.
Annual Equivalent Rate (AER)
The interest rate if interest is paid and compounded once each year. AER helps you compare the rates of interest on different accounts.
Compound interest
Interest earned on interest that's already been paid.
Gross rate
The interest rate you're paid on your savings with no compounding.
p.a.
Per annum (per year).
Tax-free
We pay all savings interest without the deduction of tax. You may have to pay tax on interest earned depending on your Personal Savings Allowance. The tax treatment may change in future.
AA Financial Services Limited introduces customers to National Westminster Bank plc, trading as NatWest Boxed, as its exclusive savings provider.
AA Financial Services Limited and National Westminster Bank plc are unable to provide advice on savings products. If you have doubts about their suitability, please seek independent financial advice.
AA Financial Services Limited is authorised and regulated by the Financial Conduct Authority, firm reference number 727859. Registered in England and Wales, number 912211. Registered office: Level 3, Plant, Basing View, Basingstoke, Hampshire RG21 4HG.
National Westminster Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, firm reference number 121878. Registered in England and Wales, number 929027. Registered office: 250 Bishopsgate, London EC2M 4AA.
