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Instant Access

Our Instant Access savings account makes saving simple. Open with just £1, save what you can and withdraw money when you need it, giving you control over your savings as they grow. This account is available to existing customers who have held a mortgage or savings account for at least the last 12 months, or new customers who live, work or study in Bath. Find out more and apply below.

Interest rate
(AER) i
Variable/Fixed iMin/Max amount iWithdrawals i
Variable£1 - £500,000Yes and without penalty

Suitable for savers who:

  • want instant access to their savings
  • want to save as little or as much as they can each month
  • want to manage the account online, by phone or in our Branches
  • Live, work or study in Bath, or are existing Bath Building Society customer who has held a mortgage or savings account for at least the last 12 months
  • are 18 years or over

Not for savers who:

  • are looking for a fixed interest rate

Summary Box

Key Product Information

What is the interest rate?

  • £1 – £100,000 1.04% AER.
  • £100,000+ 0.00% AER.
  • Interest is calculated on a daily basis and will be credited to the account on the 31st December annually.
  • Interest can be transferred into another Bath Building Society account or paid by faster payment into a nominated account if preferred.

Can Bath Building Society change the interest rate?

  • The interest rate is variable which means we may change it to respond to changes in the Bank of England base rate or changes in law, to meet relevant regulatory requirements, or to respond to changes to codes of practice or changes in our costs.
  • We will give you 30 days’ notice in writing before any reduction to the rate is applied.
  • Full details of the reasons why we may change your interest rate can be found in the Terms and Conditions brochure.

What would the estimated balance be after 12 months based on a £1,000 deposit?

  • Based on the current rate of interest, if you deposited £1000 in this account, after 12 months you would have £1010.40.
  • This figure is only an estimate, based on there being no additional deposits, withdrawals or rate changes in that time with all interest being added to your account. This figure is for illustrative purposes only.

How do I open and manage my account?

To open an account, simply apply online below or pop in to any Branch.

  • Available for UK residents only.
  • Minimum opening balance £1.
  • Maximum balance £500,000. Balances held in excess of £100,000, an interest rate of 0.00% gross will be paid.
  • To open an account you can apply online or download and complete an application form (below). Alternatively you can visit one of our Branches or contact our customer service team.
  • Applicants must either be able to evidence that they live, work or study in Bath, or are an existing Bath Building Society savings or mortgage account holder for at least the last 12 months.
  • Identification will be required for all signatories. This is usually obtained through our electronic identity verification service. However, if this proves inconclusive, here’s some popular ways to verify your ID.
  • A passbook is issued with this account.
  • You can also manage all the accounts you hold with Bath Building Society by registering with Bath Online.

Can I withdraw money?

  • Funds are available on request and without penalty.
  • Withdrawals can be made direct to a designated UK bank account, which has been set up in the same name as the Bath Building Society account, by next day faster payment.
  • Maximum cash withdrawal on demand £500 per day.
  • Withdrawals by cheque can also be requested in any of our Branches.
  • Signed requests should be posted to the Society’s Head Office, alternatively, we will accept instructions from a pre-nominated email address.

Additional information

  • This account is available only to existing customers who have held a mortgage or savings account with Bath Building Society for at least the last 12 months.
  • This account is a limited issue and can be withdrawn without notice.
  • Applicants are asked to confirm that they have read the FSCS Information and Exclusions sheet.
  • This is a summary of the key features of the account. You should read the Welcome to your Bath Building Society Account brochure to ensure you fully understand how your account works.
  • This is a savings account and should be operated as such. We reserve the right to close your account if it is used solely for the receipt and then withdrawal of funds received from a third party.
  • We reserve the right to close an account where a customer behaves inappropriately when using our services. For example, where a customer has used abusive language.

Important information before you apply

Before you apply please read our terms and conditions document and FSCS information sheet alongside the key product information above to understand how this account works.

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