Online Easy Access Account 4.50%

4.50% variable. Rate includes a 1.50% fixed bonus for the first 12 months. After 12 months the interest rate reverts to 3.00% variable.

Interest is calculated daily on the cleared balance in your account and paid annually on the anniversary of the initial deposit. Interest is added to the account balance.

For accounts opened on and after 4.30pm on Tuesday 10 December 2024

The Online Easy Access interest rate is a combination of:

• A fixed bonus for the first 12 months; and

• A variable underlying rate which can change

Cynergy Bank can change the underlying interest rate. Details of the circumstances under which the interest rate might change are in the Changes to interest rate section of the .

Please note that if the interest rate of your specific issue changes and that change is to your advantage, we will make the change immediately and will notify you within 30 days of the change taking effect. Where we make a change to the interest rate that is not to your advantage , and you hold a balance of £100 or more, we will notify you 14 days before the changes take effect.

The estimated balances shown are provided for illustrative purposes only and do not take into account a customer's individual circumstances. They assume you made an initial deposit of £1,000 and made no additional deposits or withdrawals.

Personal customers who are 18 or over and a UK resident can open an account online.

You will need:

• Your mobile phone number and email address

• Details of a UK current account in the name(s). This will be your 'nominated account' - all withdrawals will be paid to this account.

The minimum initial deposit is £1 and you can deposit up to £1 million in this account.

It’s important we receive your initial deposit within 14 days from opening the account online.

To manage your account, make deposits or withdrawals, you will need to download our or use .

For added security, when you use Online Banking, you also need to download and register our (available for free on Google Play or ) or request a Digipass®.

You will need access to the Authenticator App or Digipass every time you login and make any actions on your account.

You can make unlimited, free withdrawals 24/7. All external withdrawals will be paid to your nominated account.

At times, it may be necessary for your payment to be put through some additional security checks, to make sure it’s genuine. This means it might take a little longer than usual to reach its recipient. Please don’t attempt to make the payment again while these checks are taking place.

Interest will be paid without the deduction of tax. Individuals may have tax to pay on any interest received that exceeds their . It is your responsibility to seek independent advice regarding your tax affairs.

The tax treatment and the rate of interest payable depend on individual circumstances and may be subject to change in the future.

If you change your mind within 14 days of opening your account, we will cancel your account and return your deposit to your nominated account. You will receive interest on any cleared funds if you decide to cancel your account.

We may periodically launch new savings product issues which are given designated issue numbers. Individual product issues each have their own interest rate, these may vary from the prior/proceeding issues; either upwards or downwards. See our .