The UBL UK Online Easy Access Account helps you save for the future whilst still having instant access to your savings when needed.
Depositors can make unlimited withdrawals and deposits up to the maximum interest-earning balance.
The Account is available as a Sole or Joint Account. The minimum interest-earning balance requirement is £500, and the maximum interest-earning balance is £200,000.
It is a variable rate, with the rate as at 11.07.2023 shown below:
Online Easy Access Account |
4.18% AER/Gross p.a |
Interest is calculated daily and paid annually into your Online Easy Access Account.
Yes.
As this Account pays a variable rate of interest, the rate can change over time. For example we might review the interest rate if the Bank of England base rate changes. We’ll always let you know of any planned changes to the rate.
Two months' notice will be given for all variable interest rate changes
Based on a deposit of £1,000 at the annual Gross rate advertised, it would generate an estimated;
Online Easy Access Account |
£1,041.0 |
Assumptions taken for the above calculations;
This estimate is for illustrative purposes only and do not take into account individual circumstances.
You must:
Minimum/Maximum Balance:
You may complete the Application Form, and then return it along with verified copies of your Photo ID and either a Bank Statement or Utility Bill as Proof of Address dated within the last 3 months. This may take up to 15 Working Days to process, forms can be returned in the following ways:
Please make sure that you select the links below and read and understand the Personal Banking Terms and Conditions where you will find full details of the Account, before you apply:
Personal Banking Terms and Conditions
Personal Banking Schedule of Charges
Internet and mobile banking can be used to view your balances, set up payees, view statements and make withdrawals, along with a host of other useful features. If you choose a physical application route, you will need your account number and the answers to your security questions to register.
Yes.
You may make an unlimited number of withdrawals subject to the daily Online Banking withdrawals limits (£10,000).
This Account can be held in single or joint names.
Interest will be paid using the Gross Rate and tax will not be deducted where your interest is exempt.
Gross Rate means we won’t deduct tax from the interest we pay on money in your Account. It is your responsibility to pay any tax you may owe to HM Revenue & Customs (HMRC) or the relevant Tax Authority.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product which quotes an interest rate will include an AER, it makes it easier for you to compare what return you can expect from your savings over time.
Postal applications can take up to 15 days to be processed.
FREEPOST:
RUEE-STYR-XYKE,
UBL UK, 2 Brook Street,
London W1S 1BQ
Pop into our London branch and our staff will be happy to help. In busier periods when staff may not be immediately available, we’ll be happy to book an appointment for a later date.