Savings accounts

 

About savings accounts

Savings accounts are designed to hold your money while you do not need it and to grow at a particular rate of interest. Some involve putting away your money for a set period of time, whereas others allow you easy access to your funds.

Thanks to the Personal Savings Allowance, most people won’t pay any tax on the interest they earn from their savings account, depending on how much interest you earn and your income tax bracket.

Demelza Children's Savings Account

Encourage your child to start saving with our Demelza Children's Savings Account, and support other children and their families at the same time.

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Demelza Children's Savings Account