There are all sorts of reasons why opening a savings account is a good idea.
 

Maybe you’ve got clear goals – like building up a deposit for a house. Or perhaps you just want to put some money aside to make life easier in the future.
 

Either way, saving even a small amount on a regular basis, and earning interest on it, can mean you end up with a really useful sum.

Fixed rate savings accounts let you earn interest at a rate that doesn’t change for the term of the product.
 

They’re great for lump sums that you won’t need to touch for a while, and usually offer a better return than you’d get from a variable rate account. There may be restrictions or charges if you want to withdraw money before the fixed term ends.

With variable rate savings accounts or ISAs, the rate of interest you’re paid on your balance can go up or down at any time.
 

These accounts are often more flexible than fixed rate products, so they might be better for you if you need to be able to dip into your savings often.

Interest is what we pay you for keeping your money in one of our accounts. How much you’ll earn depends on your account balance, and on the rate for the account you have.
 

We're a building society, so we don't have shareholders to pay. This means we can give back to our members with higher interest rates.