Transactional Accounts

For those who need unlimited access to their funds and low minimum balance restrictions.

Account Interest rate Open from Withdrawals Useful information
Instant Access

0.00%

Gross p.a

0.00% AER

£10 Unlimited
  • Not a savings account
  • Postcode restricted
  • Open in branch
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The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

The AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

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Got a question about savings?

Jump over to our savings help centre and see if we can answer it for you.


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HELP CENTRE

Savings Jargon Buster

There are a few considerations to make when opening a savings account, so we've explained as many terms as we can.


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Financial Services Compensation Scheme

Did you know that your eligible deposits with the Vernon are protected up to a total of £85,000 (£170,000 for joint accounts) by the Financial Services Deposit Scheme (FSCS), the UK's deposit guarantee scheme?

Learn more about the FSCS