Apply for this savings account using the method below.
Notice 50 Online.
Interest is variable, calculated on a daily basis and is paid annually on 31 August.
| Notice 50 | Current Rates |
|---|---|
| Annual Interest | Rates effective from: 10/09/2026 |
| Balance | Gross | AER† |
|---|---|---|
| £1,000.00 and above | 4.20% | 4.20% |
Gross is the interest payable before any tax is deducted.
†AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added to the account.
Yes, the interest rate on this account is variable, which means that it can go up or down.
We may change the interest rate for the reasons set out in our Savings Terms & Conditions. If we do so, we will notify you in accordance with those Terms & Conditions.
| Opening Balance | Estimated balance after 12 months |
|---|---|
| £1,000.00 | £1,042.00 |
The estimated balance is for illustrative purposes only and assumes that:
The actual balance may be different if the account is opened on a different date, if deposits or withdrawals are made, or if the interest rate changes.
Eligibility
Deposits
Account management
Identification
You may need to provide proof of your identity and address when opening the account. If you are already a Hanley Economic Building Society customer, we will not usually need this unless our records need updating.
You can withdraw money from this account as follows:
Withdrawal Limits
Online withdrawals are limited to £10,000 per day. No withdrawals can be made within the first 10 days of opening your account online, allowing us to complete the checks required under UK money laundering regulations.
Your eligible deposits with Hanley Economic Building Society are protected up to £120,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered. Further information is available at FSCS.
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…
No, if…
Before opening the account, please make sure you have read:
Savings Terms and Conditions are located below this table.
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.