Need To Know
  • New fixed rate cash ISAs

Education community easy saver (issue 1)

Benefits to you

  • Competitive rate of 1.10% gross/AER
  • Low minimum investment of £1,000
  • Easy withdrawals free of any interest charges
Interest
rate %
Product name Min opening
balance
Withdrawal options Save up to (Max)
1.10% Education community easy saver (issue 1) £1,000 Easy access £500,000

Summary box

Account name

Education community easy saver (issue 1)

What is the interest rate?

Gross/AER: 1.10%

Can Teachers Building Society the interest rate?

The interest rate for this account is variable, meaning that it can be changed at any time in accordance with section 6.4, 6.5 and 6.6 of the applicable terms and conditions.

What would the estimated balance be after 12 months based on a £1,000 deposit?

The estimated balance after 12 months based on a £1,000 deposit would be £1,011.00. This amount is based on the assumption that all terms and conditions for the account are met.

How do I open and manage my account?

This account can be opened by post only. After the account has been opened, it can be managed via post or online. The minimum opening balance for this account is £1,000 with a maximum investment of £500,000.

  • You can register and log in to your account here once opened

Can I withdraw my money?

Withdrawals may be made at any time and without notice. When you wish to make a withdrawal, you will need to write to us or log into your 'My Accounts' service to request the funds. The Society will then transfer the money to your nominated account by the Faster Payments Service.

Additional information

  • Daily interest
  • Interest paid annually on 31st December
  • Available to National Education Union (NEU) associations, schools, pre-schools (including PTAs) and charities supporting the education sector
  • This product may be withdrawn at any time and without notice

Download Information Sheet

Terms & conditions

We recommend that you review our savings T's and C's before completing an application form.

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