What options do I have?

As noted on the email we sent to you, we are changing the rate of your personal savings account.

We wanted to let you know what other options you have in case you want to open another OakNorth Bank savings account:

  • You can see the savings accounts that we offer here below
  • Some of these accounts may offer a higher interest rate than the existing account we emailed you about
Fixed Term Savings Accounts
RATE

0.40% - 2.53% AER/gross

TERM

6 to 60 months

Notice Savings Accounts
RATE

0.35% - 1.60% AER/gross

TERM

35, 90 and 120 days

Easy Access Savings Accounts
RATE

0.26% AER/gross

TERM

Next-day access

If for whatever reason the above options are not suitable, you also have an option to close your account. You may close your account by emailing us at businessdesk@oaknorth.co.uk

Please note that for Notice Accounts, withdrawals or closures are still subject to the notice period of your account. E.g. if you have a 90-day Notice Account, the notice period is 90 days if you choose to withdraw or close your account.

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Manage your money
with the OakNorth app.
Keeping on top of your savings has never been easier. Apply for accounts, personalise your savings goals, move money, and track your interest earnings, all while on the move.
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Protection for peace of mind

As a fully-licensed bank, we offer the same level of protection as the traditional high street banks. When you save with us your money is protected up to £85,000 by the Financial Services Compensation Scheme (FSCS).

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