Private Banking Premier Reserve Account

If you want a high rate of interest as well as access to your money when you need it, our Premier Reserve account could be what you're after.

Features and benefits

You'll enjoy:

• Instant access to your money.
• You're not tied in to a fixed term but can still get our best variable tiered interest rates.
• Up to 4 withdrawals in any calendar year without penalty.
• Variable interest rates.
• Interest paid annually or monthly.
• An account exclusive only to our Private Banking clients.

How the account works:

• Minimum account opening balance of £2,500.
• Balances over £500,000 attract the best rates of interest.
• Up to 4 withdrawals allowed in any calendar year without penalty, but if you make 5 or more withdrawals your interest rate will fall.
• Money can be added to the account whenever you want.
• Add your interest to the Premier Reserve Account, or transfer it to your Private Banking Current Account to access it the same day (providing both accounts are in the same name). Alternatively, you can transfer your interest to an account with another financial organisation which has a UK sort code.

The table below summarises the key product features of the Premier Reserve Account.

Terms and Conditions (opens as aPDF)

Account Interest Rates guide (opens as a PDF)

*AER means Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.