First Direct Everyday e-Saver

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.
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48 customers rated their First Direct savings as 4.5 out of 5 in our 2010/2011 Consumer Finance Awards.
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First Direct Everyday e-Saver Features & Benefits

Account TypeEasy Access 
Rate TypevariableThe type of interest rate is variable.
Headline Interest Rate1.25%The headline interest rate is 1.25% AER.
Headline Interest Balance£1£1.00
Maximum Number of WithdrawalsUnlimitedThe maximum number of withdrawals permitted per year is unlimited to earn the cited interest rate.
Online AccessyesTransactions via the internet are permitted
Branch AccessnoTransactions at a branch are not permitted.
Phone AccessnoTransactions by phone are not permitted
Introductory Bonus1.00%A bonus of 1.00% is payable.
Introductory Bonus Conditions12 months intro & additional balBonus 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£1The minimum investment is £1
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Saffron Building Society 1 Year Fixed Rate Bond

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