members' savings account
make more of your money
Available to members, The Co-operative members' savings account pays a very attractive rate on every penny in your account...
0.25%
gross/AER

In fact the rate – currently 0.25% gross/AER – will always be at least as good as the interest paid on any other standard instant access savings account offered by The Co-operative Bank*.
|
key product information |
| account name |
Membership Savings Account |
| interest rates (AER) |
0.25% variable |
| tax status |
Interest is paid net of tax unless you are eligible to receive interest without the deduction of tax |
| conditions of bonus payment |
N/A |
| withdrawal arrangements |
Instant Access |
| access |
Branch/Web/Post/Phone/Post Office |
The Co-operative members' savings account makes managing your money easy too. You can withdraw up to £250 a day** in cash from over 56,000 LINK cash machines with your card. Or you can call The Co-operative Bank to ask for a cheque*** or to transfer money to another account.
You can add to your savings at:
- The Co-operative Bank branches
- Post Offices
- by post
- by phone
- by standing orders.
Does that sound like a sweet way to watch your money grow? Phone 0800 028 0185 for further information or to open an account.
Lines are open Monday–Friday 8am–9pm;
Saturdays 8am–8pm; Sundays 9am–6pm.
Please remember to quote your membership card number when applying for this exclusive member offer.
Read the terms and conditions.
Compare against previous interest rates.
The Co-operative members' savings account is provided by The Co-operative Bank PLC.
Gross means the contractual rate of interest payable before the deduction of income tax at the rate specified by law. AER is the notional rate which illustrates the contractual interest rate as if paid and compounded on an annual basis. Interest rates are variable. Minimum deposit £1. Financial information is correct at time of this page being published: February 2008.
* Price promise does not apply to any products that are only available online.
** Provided you have sufficient funds in your account. Some LINK machines may charge for withdrawals.
*** Subject to a charge of £10.
The Co-operative Bank PLC. may decline to accept any application or deposit and may withdraw this product at any time. Calls may be monitored or recorded for security and training purposes.
The Co-operative Bank PLC is authorised and regulated by the Financial Services Authority (No.121885), subscribes to the Banking Code, is a member of the Financial Ombudsman Service and licensed by the Office of Fair Trading (No.006110).
Membership points will be awarded for this product please see our membership terms and conditions for full details.