When does the bonus period end on my account?

The bonus period will end six months after your bonus easy access account was opened.

If I close or withdraw from my account within the first six months, do I still qualify for the introductory rate?

Yes. The introductory rate begins the moment your account is opened, so even if you decide to withdraw funds from or close your account within the first six months, you will still receive the higher rate for the duration your account was open.

Can I withdraw my funds when my bonus period ends?

Should you wish to withdraw your funds and close your account after the bonus period ends, simply log in to your online banking, select the relevant easy access account and then choose the option ‘Make a Withdrawal’. You then need to select that you wish to close your account.

Please see How do I withdraw funds? for more information.

What happens at the end of the bonus period?

After six months, the introductory rate on your account will no longer apply. We will contact you to confirm the rate change and that the bonus period has come to an end. More information can be found in the Key Features Document here.

When does the bonus period start on my account?

The bonus period begins the day you open your account. The quicker you can fund your account, the more you’ll take advantage of this bonus.

When will my interest be paid on my bonus easy access account?

Interest is calculated daily and is credited on 31 October each year, and at the point of closing your account.

How often can I add funds to my bonus easy access account?

The nature of an easy access account means you can deposit funds at any time, up to the maximum deposit of £100,000.

You must have met the minimum balance requirement of £5,000 within 14 days of opening your bonus easy access account.

The easiest way to add funds to your account is by electronic bank transfer, and please ensure the funds are sent from your nominated bank account. You will just need to quote your United Trust Bank sort code and account number when making your payment.

Can the rate on my bonus easy access account change?

Yes, the interest rate on our bonus easy access account is a tracker rate, so it may change in line with Bank of England base rate changes – even if you are within the bonus period. We will contact you if your rate changes.

Please rest assured that the bonus will still apply to your account as any rate change will impact both the introductory rate and the regular rate, meaning you will still be on a higher rate compared to any bonus easy access account that has been open for more than six months.

Any change will be applied to your account within three days of the Bank of England base rate change.

Who is eligible for the bonus easy access account?

The bonus easy access account is currently only available for our business and charity customers.

Existing business customers can open a bonus easy access account by logging in to their online banking and following the steps under ‘New Application’. For our charity customers, please log in and send us a secure message via the Contact Centre, and we will open the account for you. If you have not yet signed up for online banking, you can register your details here.

For new customers, please visit our main site to open your bonus easy access account.