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Savings finder > Use our savings finder to help you find the account that's ideal for you.

A great choice for every type of saver.

At BM Savings we're savings specialists. We offer a wide range of different types of savings accounts, some great savings rates and great customer service.

Our savings accounts at a glance

ISAs (tax free savings)

Current ISA regulations allow you to invest up to £11,880 by choosing one stocks & shares ISA or a combination of one cash ISA and one stocks & shares ISA. You can deposit up to £5,940 in a cash ISA until 30th June 2014. From the 1st July the overall ISA limit will increase to £15,000 and you will have the option to save any remaining allowance in either a cash ISA, or a Stocks & Shares ISA or a combination of the two as long as you don't pay in more than £15,000 in total during tax year 2014/15.

Variable rate cash ISAs

All the benefits of an easy access account and tax free savings as well.

Refer to this key to help you understand the key features of these accounts.

  • Single account holder only
  • Joint account holders available
  • Apply online
  • Apply by telephone
  • Monthly interest
  • Yearly interest
  • ISA transfers allowed
  • Interest on maturity
Sort by:    Order by: 

Account and apply

Save from

Rates

Access

Features

Balance
after 12 months
(per £1k deposit)

Bonus rates

The estimated balance is for illustrative purposes only. It is based on the tax free rates shown and assumes that the interest rate and rates of tax remain constant.

isa extra (issue 9) (yearly interest)isa extra (issue 9) (yearly interest)

£1

£1+
1.401.40%
Tax free/ AER Variable
£20,000+
1.651.65%
Tax free/ AER Variable
  • Unlimited
  • Manage by post

Single account holder only
Apply online
Apply by telephone
Yearly interest

£1+

£1014.00

£20,000+

£1016.50

  • A fixed bonus will be paid for the first 12 months. The interest rates shown include a 12 month bonus of: 0.90% for balances from £1 up to £19,999.99 and 1.15% for balances from £20,000+. After 12 months the the variable rate without bonus will apply, currently 0.50% tax free / AER.

isa extra (issue 9) (monthly interest)isa extra (issue 9) (monthly interest)

£1

£1+
1.391.39%
Tax free
1.40% AER Variable
£20,000+
1.641.64%
Tax free
1.65% AER Variable
  • Unlimited
  • Manage by post

Single account holder only
Apply online
Apply by telephone
Monthly interest

£1+

£1013.99

£20,000+

£1016.52

  • A fixed bonus will be paid for the first 12 months. The interest rates shown include a 12 month bonus of: 0.89% for balances from £1 up to £19,999.99 and 1.14% for balances from £20,000+. After 12 months the the variable rate without bonus will apply, currently 0.50% tax free / AER.
  • Single account holder only
  • Joint account holders available
  • Apply online
  • Apply by telephone
  • Monthly interest
  • Yearly interest
  • ISA transfers allowed
  • Interest on maturity

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Fixed rate cash ISAs

Enjoy fixed rates of return on your tax free savings.

Easy access savings

For regular and irregular savings, easy access accounts are a simple way to earn interest on your spare funds. You can always get your hands on your money if you need it and you won't lose any interest.

Fixed rate bonds

You can get a fixed term account where you'll know what interest you'll receive in advance and they're best for savings you don't need access to in a hurry.

Refer to this key to help you understand the key features of these accounts.

  • Single account holder only
  • Joint account holders available
  • Apply online
  • Apply by telephone
  • Monthly interest
  • Yearly interest
  • ISA transfers allowed
  • Interest on maturity
Sort by:    Order by: 

Account and apply

Save from

Rates

Term

Access

Features

Balance
after 12 months
(per £1k deposit)

Bonus rates

The estimated balance after 12 months is for illustrative purposes only. It is based on the gross rates shown

1 year fixed rate bond (yearly interest)1 year fixed rate bond (yearly interest)

£1

1.60%
Gross / AER fixed
1.28% Net

1 year

  • No Access Permitted
  • Manage by post

Joint account holders available
Apply online
Apply by telephone
Interest on maturity

£1016.00

There is no bonus available on this account.

1 year fixed rate bond (monthly interest)1 year fixed rate bond (monthly interest)

£1

1.59%
Gross
1.60% AER fixed
1.27% Net

1 year

  • No Access Permitted
  • Manage by post

Joint account holders available
Apply online
Apply by telephone
Monthly interest

£1016.02

There is no bonus available on this account.
  • Single account holder only
  • Joint account holders available
  • Apply online
  • Apply by telephone
  • Monthly interest
  • Yearly interest
  • ISA transfers allowed
  • Interest on maturity

^ Back to top

Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

NET rates are illustrative only, allowing for the deduction of income tax at 20%. If you are a higher rate tax payer, you may have a further amount to pay. If we deduct more tax than you have to pay this can be reclaimed from HMRC.

Tax free is the contractual rate of interest payable where interest is exempt from income tax.

For telephone line opening times, please read the information in our contact section. Calls may be monitored and recorded for security and training purposes. If you're calling from outside the UK, please dial +441902 428 311.


© Birmingham Midshires
This site is intended for UK residents unless otherwise stated.
Birmingham Midshires is a division of Bank of Scotland plc, which is authorised for accepting deposits by the Financial Conduct Authority. It is entered in the FCA's Register and its Register Number is 169628. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh, EH1 1YZ.
To contact the FCA Consumer helpline, please ring 0300 500 5000 or visit www.moneyadviceservice.org.uk/.