Apply for this savings account using the method below.
Instant Access.
Interest is variable, calculated on a daily basis and is paid annually on 31 August.
| Instant Access | Current Rates |
|---|---|
| Annual Interest | Rates effective from: 01/02/2026 |
| Balance | Gross | AER† |
|---|---|---|
| £50,000.00 | 1.10% | 1.10% |
| £25,000.00 to £49,999.99 | 1.00% | 1.00% |
| £10,000.00 to £24,999,99 | 0.95% | 0.95% |
| £100.00 to £9,999.99 | 0.90% | 0.90% |
| £1.00 to £99.99 | 0.86% | 0.86% |
†Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and added each year, and has been rounded to two decimal places.
As the interest rate is variable, we may change the rate if we reasonably believe that the change is needed.
If we reduce the interest on your account, we will write to you 14 days before we make the change.
For full details on how and why we will change the interest rate on your account, please refer to Section 8 of the Savings Terms and Conditions.
Based on the current interest rate, if you deposited £1,000 in this account, after 12 months you would have £1,009.00. This figure is for illustration purposes and is based on no additional deposits, withdrawals or changes in interest rates within the 12 month period.
To open an account you must be permanently resident in the UK.
You will need to provide some identification when you open your account; details of our requirements can be obtained from the “before you apply section” on this page, from your local branch or by calling 01782 255000. If you are already a Hanley Member, in most cases, this will not be necessary.
When you open your account in branch you will receive a passbook
Minimum investment is £100 – maximum investment £50,000 if held in single or joint names. You can add to your account at any time subject to the maximum investment limit.
You can deposit a maximum of £20,000 into your account via your debit card on our Online Banking Portal and mobile App.
Once the account has been opened it can be managed online, in branch and/or via the post.
You can withdraw without notice or penalty up to £500 in cash and £70,000 by cheque on demand from our branches or by sending us your signed written instructions. Larger cash sums up to £5,000 are available by giving at least 24 hours notice. Cheque withdrawals over £70,000 can be obtained from our Registered Office. Following any withdrawals £1 should remain in the account. Online withdrawals are limited to £10,000 per day.
No withdrawals can be made until after 10 days after opening an account when opened online. This is to allow the Society to complete all of our checks under UK money laundering regulations.
Minimum age 18 years.
UK residents only.
The treatment of your account for tax purposes will depend on your individual circumstances and you may need to pay tax on any interest that exceeds your Personal Savings Allowance. For more information, please visit HM Revenue & Customs’ (HMRC) website: hmrc.gov.uk . The tax information provided is based on our understanding of current law and HMRC practice, both of which may change.
Yes if
You want access to your funds without penalty.
You are happy that the interest rate may change at any time.
No if
You want an account that pays a fixed rate of interest.
Before opening an account, it is recommended you read the information below.
The quickest way to open your new account is online. Please click below to begin filling out the application form.
Find your nearest branch and visit to for expert support and assistance from our team during the application process.