Teacher exclusive savings accounts

Need To Know
  • New fixed rate cash ISAs

Savings accounts exclusively for teachers

Whether you’re a relatively new teacher at the earlier stages of your career and saving for your first home, a retired teacher looking for a secure home for your savings or something in between we can help. We have a range of savings account options, and what’s more, our best savings rates are reserved for teachers.

Saving with Teachers helps teachers buy homes – fact. Confused? Don’t be, 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 – your colleagues, peers. You’re helping us help people like you – when it comes to societal purpose, we think that’s something we can all be proud of.

Our savings accounts for teachers 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);
  • Fixed rate savings (where you save a lump sum for a fixed period of time).
Filter:

Easy access savings accounts

Interest
rate %
Product name Min opening
balance
Withdrawal options Save up to (Max)
1.50% Teachers for teachers (issue 1) £5,000 Up to 3 withdrawals permitted per calendar year £100,000
1.45% Teachers for teachers easy access ISA (issue 1) £100 Easy access £100,000

Notice savings accounts

Interest
rate %
Product name Min opening
balance
Withdrawal options Save up to (Max)
1.50% Education ISA (issue 2) £100 90 days' notice £250,000

Fixed rate savings accounts (available for all)

Interest
rate %
Product name Min opening
balance
Withdrawal options Save up to (Max)
2.35% Fixed rate cash ISA (issue 58) £1,000 Not permitted £250,000
2.15% Fixed rate cash ISA (issue 59) £1,000 Not permitted £250,000
2.00% Fixed rate bond (issue 292) £500 Not permitted £250,000
1.60% Fixed rate cash ISA (issue 56) £1,000 Not permitted £250,000
1.50% Fixed rate bond (issue 291) £500 Not permitted £250,000

Protection for your savings

Find out more about the FSCS savings protection scheme

Saving to buy?

Find out about our teacher first time buyer mortgages

Happy to help

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

0800 783 2367