Savings for everyone

Need To Know
  • New savings rates from 1 July 2022

Savings for all - not just teachers

The savings accounts we can offer you include easy access accounts (where you can withdraw your savings at any point), notice accounts (where you need to let us know in advance if you’d like to make a withdrawal) and fixed rate savings (where you save a lump sum for a fixed period of time).

You might be wondering why a building society for ‘teachers’ offers savings accounts to other professionals. It’s actually pretty simple. Like all building societies, Teachers Building Society uses the collective deposits of all its savers to support mortgage lending. But unlike other mutuals, when you save with us you are directly supporting us in funding more low deposit mortgages to teachers so they can buy a first home, something that’s been our main mission since we were founded in 1966. By choosing to save with us you’re helping teachers – like the ones who taught you, your children or family members – buy homes. We think that’s something you can all be proud of (and a lot better than having the profits made from your hard earned savings used to enrich shareholders, which incidentally we don’t have).

Filter:

Easy access savings accounts

Interest
rate %
Product name Min opening
balance
Withdrawal options Save up to (Max)
0.35% Easy access pension (issue 1) £1,000 Easy access £500,000
0.75% Easy saver (issue 2) £100 Easy access £100,000

Notice accounts

Interest
rate %
Product name Min opening
balance
Withdrawal options Save up to (Max)
1.20% Cash ISA notice 90 (issue 10) £100 90 days' notice £250,000
1.05% Pension 90 (issue 1) £1,000 90 days' notice £500,000
0.90% Pension 30 (issue 1) £1,000 30 days' notice £500,000

Fixed rate savings accounts

Interest
rate %
Product name Min opening
balance
Withdrawal options Save up to (Max)
2.15% Fixed rate cash ISA (issue 57) £1,000 Not permitted £250,000
1.60% Fixed rate cash ISA (issue 56) £1,000 Not permitted £250,000
1.50% Fixed rate pension account (issue 1) £1,000 Withdrawals are not allowed within the fixed rate period £500,000

FSCS

Find out more about how your savings are protected by the FSCS scheme

Questions

Get savings account help here

Happy to help

We’re happy to chat things through, give us a call

0800 783 2367