Yes! In addition to our competitive interest rates, certain savings accounts also qualify for additional bonuses. Qualifying bonus accounts will be made visible in the Sidekick app.
For Easy Access savings accounts, these Bonus Rates are payable for 12 months and cease to be payable on the anniversary of the date of the first deposit into the Bonus Qualifying Savings Product.
For Fixed Term savings accounts, these Bonus Rates are payable for the term of your Fixed Term product and cease to be payable on the maturity of your fixed term product.
For our Multi-Shield savings accounts, these Bonus Rates are payable for 6 months and cease to be payable on the anniversary of the date of the first deposit into the Bonus Qualifying Savings Product.
These Bonus Rates are payable up to a maximum balance on a Bonus Qualifying Savings Product of up to £120,000 for Multi-Shield, and £85,000 for all other savings accounts (see specific bonus for details) - once this limit is reached, your savings will earn the interest paid by the Partner Bank only.
For Easy Access and Multi Shield accounts, the Bonus Rate is paid on a monthly basis into your Wallet (rounded up to 2 decimal places).
For Fixed Term Savings accounts, the Bonus Rate is paid on maturity of the fixed term product.