What you'd earn in a year
If you save
- Interest at 3.00% AER on up to £250,000
- £150.00
- About
- £150.00
Before tax: about £150 a year on £5,000. Information only, not a recommendation.
Is my money safe?
FSCS protected: up to £120,000 per person, per banking licence.
This account is on the Saffron Building Society licence.
Legal name: Saffron Building Society.
Check protection on the FSCS website ↗ (opens in a new tab)Key facts
Money in and out
- Minimum deposit
- £1
- Maximum
- £250,000
- Withdrawals
- Unlimited withdrawals
- Manage
- Branch
Interest
- Rate
- 3.00% AER variable
- Gross rate
- 3.00%
- Interest paid
- Annually
Who can open it
- Residency
- Age 0 to 17. UK resident
Source: saffronbs.co.uk · Last verified 17 Oct 2026, 09:38 UK time
Rate history
We started tracking this account on 15 Oct 2026. Further changes will show here.
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