Savings accounts

Whatever you’re saving for, we can help you get there. Our accounts provide great interest rates, are simple to open and manage online, and are protected by the FSCS.

Why choose Chetwood Bank for your savings?

Our no nonsense approach to banking means that you’ll get easy to understand, straightforward savings accounts to help you achieve your goals, whether that’s simply saving for a rainy day, a deposit for a new home, or that holiday you’ve been eyeing up.

Easy to get help

Explore our fast answers, or if you need account specific help, use the secure messaging service to contact our support team.

Everything online

Set your account up in a matter of minutes, then manage your savings securely online.

FSCS protection

We’re a UK bank and our savings accounts are FSCS protected up to £85,000 collectively across our Chetwood Bank and SmartSave brands.

Our savings accounts

Easy Access

No minimum or maximum deposit

Next working day access to your money

Term

Unlimited

Interest rate (AER *)

4.52%

variable

Variable

Fixed Rate

Minimum deposit £1,000 | No maximum deposit

Access your money at the end of your fixed term

Term

1 year

Interest rate (AER *)

4.58%

fixed

Term

15 months

Interest rate (AER *)

4.55%

fixed

Term

2 years

Interest rate (AER *)

4.51%

fixed

Term

3 years

Interest rate (AER *)

4.50%

fixed

Term

4 years

Interest rate (AER *)

4.50%

fixed

Term

5 years

Interest rate (AER *)

4.50%

fixed

Fixed

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

Keeping your money safe with the FSCS

All of our savings accounts are covered by FSCS. This means that if we go out of business your money’s protected up to £85,000 collectively across our Chetwood Bank and SmartSave brands directly or via our partners. Read more about FSCS protection.