Online Bonus Saver
When you have some extra cash to put aside each month, the FAB Regular Saver is a great way to watch your balance grow. You can save up to £3,000 at an 2.75% interest rate that’s fixed for 12 months.
Earn bonus interest every month you don't make a withdrawal.
Start saving with just £1 That's all you need to open an account, to a maximum of £2,000,000. Please note that accounts are limited to one per customer
Get a higher rate on balances of up to £10,000 If you have more than £10,000 in your account, we pay a lower interest rate on the amount above that – see our interest rates.
How it works
Our Online Bonus Saver account gives you a variable rate of 0.40% AER/gross (including bonus interest) for any calendar month you don't make a withdrawal. You'll get a variable rate of 0.10% AER/gross in any calendar month you do make a withdrawal or close your account. You can open an Online Bonus Saver with £1 or more. If you have more than £10,000 in your account, interest is paid at a lower rate on balances above that amount
If you have a FAB Premier, FAB Advance, Bank Account, Bank Account Pay Monthly, or Graduate Bank Account you can open an account via Online Banking, Telephone Banking or in branch.
Minimum/Maximum Balance:
- A minimum of £1 must be deposited to open the account
- The maximum balance you can hold in the account is £2,000,000
How to manage the account
- Once opened the account can be managed via Online Banking or the FAB UK Mobile Banking App
- Yes, you have instant access to your account. You can make as many fee free withdrawals as you like. However if you do make a withdrawal you will receive the standard rate of interest for that month
- A 14 day cancellation period applies to this account.
