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Open an account

High Rate Savings Account


Savings Account Benefits

  • Competitive interest rate of 1.26% AER* (1.00% NET**, 1.25%† GROSS***).
  • Interest accrued daily and paid quarterly.
  • No minimum balance required.
  • Instant access to your cash.
  • Online or telephone banking facilities.

What does it offer?

The Savings Account from TD Waterhouse is an instant access deposit account, which will earn you a highly competitive rate of interest on your savings that are not being used for funding investments.

It is quick and easy to transfer your savings to your Cash Management Services Account so you can react quickly to trading opportunities or pay for transactions that are due to settle.

Please note that money will not be automatically taken from your savings account to pay for trades. You will need to transfer funds from your Savings account to your Cash Management Services Account in order to pay for trades.

Apply for a Savings Account

New Customers

Online

Apply for a TD Waterhouse Savings Account with our Trading Account, Trading Plus Account and Trading ISA Account.
Setup My Account Online

Existing Customers

Online

and go to Account Administration/Account Upgrades to add a Savings Account.

Download upgrade form

By Phone

Call us to upgrade by telephone
Call 0845 607 6002

* AER stands for Annual Equivalent Rate (contractual rate when paid and compounded each year). The AER as stated is calculated at 04.12.08.

** Net rate is the amount of interest which would be payable after the deduction of income tax specified by law.

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