This product is no longer available for new applications.

If you’re an existing Personal Sterling Savings Account customer, the features, benefits, Terms and Conditions of your original Account still apply.

For existing Account Holders the Personal Sterling Savings Account guarantees flexibility and competitive rates. It gives instant access to funds with no restrictions on the number of deposits or withdrawals made (up to a maximum balance of £1,000,000).

Good For:

  • Regular, everyday saving when you may need to add or withdraw funds
  • Managing your savings online or in branch

Not Good If:

  • You do not need access to your funds for a long period of time
  • You do not wish to add further sums to a large deposit
  • What is the interest rate?

    It is a tiered variable rate, with the rate as at 10.02.2020 shown below:




    Up to £9,999


    £10,000 - £49,999


    £50,000 - £99,999


    £100,000 - £499,999


    Over £499,999


    Interest is calculated daily and credited twice a year in June and December into your Personal Sterling Savings Account.

  • Can UBL UK change the interest rate?


    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.

  • What would the estimated balance be at the end of 12 months based on £40,000 deposit?

    A deposit of £40,000 will generate an estimated balance of £40,095.00

    Interest in this Account is paid on incremental balances. This means that a balance of £40,000 will attract an interest of 0.20% on the first £9,999 and 0.25% on the remaining £30,001.

    This estimate is for illustrative purposes only and does not take into account individual circumstances.

    Assumptions taken for above calculations:

    • No change in the amount (no deposits, no withdrawal)
    • No change to the variable interest rates
    • Interest paid annually
  • How do I open and manage my Account



    Eligible for over 18’s only

    Minimum/Maximum Balance:

    The minimum interest earning balance is £1.

    The maximum interest earning balance is £1,000,000

    How to manage the Account:

    • Online: If you are registered for UBL UK NetBanking (Account operations are limited to viewing only)
    • In branch: Visit any of our branches Monday to Friday between 9:30am and 4pm
    • In writing: By post, sending instructions to: FREEPOST: RSSA-GJRS-KBCT, UBL UK Central Operations, 391-393 Stratford Rd, Birmingham B11 4JZ (all written instructions must be countersigned and dated by all named Account holders)
    • Telephone: You can contact our Customer Services Team Monday to Friday from 9:15am to 5:15pm for support
  • Can I withdraw money?

    Yes, there are no limitations on withdrawals.

  • Additional Information

    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 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.

By post

By post

Freepost: RSSA-GJRS-KBCT, 
UBL UK Central Operations, 
391-393 Stratford Rd, 
Birmingham B11 4JZ

In branch

In branch

Pop into any UBL 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.

Notification of System Maintenance

UBL UK will be conducting system maintenance on critical systems on Saturday 22nd February 2020 between 9am and 12pm. During this time you may experience delays in service to the following:

Staying safe online

We are aware that financial services companies may be targets for people seeking to fraudulently obtain login information. To protect yourself online, it is important that you check you are on the right website before entering login information. Please look out for the lock symbol next to the website URL to ensure that you are using an genuine and encrypted site. If you are not sure you are using a genuine UBL UK website, please call us on 0121 753 6000 Monday to Friday from 9:15am to 5:15pm. 

The sites managed by UBL UK are as follows:, and You should see these URL's and the lock symbol in your browser header.