How does depositing work?

We collect your weekly savings total on Wednesday at midday, then debit this from your bank account via direct debit early the following week (usually on Monday). You’ll see this added to your balance the next day after the direct debit, and will begin accruing interest on the Thursday.

Interest is calculated daily and paid out on the first working day of the month.

The minimum amount you can deposit is £1. If requesting a partial withdrawal, the minimum amount you can withdraw is £1.