Full product details for the First Direct Everyday e-Saver savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
from 48 ratings
48 customers rated their First Direct savings as 4.5 out of 5 in our 2010/2011 Consumer Finance Awards.
The maximum number of withdrawals permitted per year is unlimited to earn the cited interest rate.
Online Access
yes
Transactions via the internet are permitted
Branch Access
no
Transactions at a branch are not permitted.
Phone Access
no
Transactions by phone are not permitted
Introductory Bonus
1.00%
A bonus of 1.00% is payable.
Introductory Bonus Conditions
12 months intro & additional bal
Bonus Conditions - A bonus is payable for 12 months, provided that the investor increases the balance of the account after they have opened it. Bonus interest only applies to any additional money paid into the account above the 'Starting Balance'. The 'Starting Balance' is calculated as the balance of the account the day before the additional money is paid in. If the account balance falls below the 'Starting Balance', no bonus interest will be earned until the balance goes over this amount again.
Minimum Initial Investment
£1
The minimum investment is £1
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
New Money Only
no
Not applicable.
Minimum Age
18 years
First Direct have a minimum age of 18 across all their accounts.
Area Restrictions
none
Not applicable.
Minimum Initial Investment
£1
The minimum investment is £1
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