Instant Access Savings Accounts With Cash Card – Features

Do you feel that access to your savings account is necessary for emergency situations? Also you want good returns for your savings? Here is the solution. Some of the banks in UK offer “Instant Access Savings Accounts”. These banks offer good interest rates for the investors. It also gives cash card through which you would be able to access the account instantaneously. Is it quite interesting? Do read more, you can find more interesting details.

Some of the features that these accounts offer are discussed below. 

  • The cash cards from these accounts offer unlimited and easy access to your savings account. You can withdraw your funds any time very easily.
  • These accounts are more convenient to use. You can do transaction for the account in the bank branches. You can use the cash card to withdraw amounts. You can also make payments or do any other transactions through internet banking or phone banking.
  • You get competitive interest rates for your savings made in the instant access account.
  • The minimum deposit amount required to open the account varies for various banks. Some of the banks like Nationwide demand a minimum deposit amount of 100 Euros.
  • Nationwide bank offers an AER of 0.10%.
  • The maximum account of savings holders in Nationwide bank is 2 and the minimum age should be 11 years.

Some of the banks that offer this account are:

  • Nationwide Bank
  • ING Direct
  • Lloyds TLB

How to apply for this account?

  • You can visit the nearest bank branch which offers the instant access savings account with cash card.
  • You can apply online through banking websites.

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