Big saver? Get big rewards with our Limited Edition account
A flexible account with next-day access — and standout rates if you’re saving £20,000 or more.
Easy Access accounts aren’t just for loose change. If you’re serious about your savings but don’t want to lock them up, this account could be for you. You can save from £20,000 up to £500,000 and be rewarded with one of the highest interest rates we offer. And the best part? You can still access your money the next working day.*
It’s important to remember that interest rates on an Easy Access account are variable. They can be increased or decreased at any time. Any changes will be communicated to our customers via email.
*You must retain a balance of at least £20,000 in your account to access the higher interest rates.
With a minimum balance of £20,000, you’ll unlock great rates — while still enjoying next-day access.
Open your Limited Edition account online or in the OakNorth app in just a few taps.
Track your savings, transfer funds, and view your interest — all in one place.
Term
AER
Min. deposit
Withdrawals
The Financial Conduct Authority is a financial services regulator. It requires OakNorth to give you this important information to help you decide whether our Easy Access Tracker accounts are right for you. You should read this document carefully, together with the General Terms & Conditions and Product Terms & Conditions for Easy Access Tracker accounts, so you understand what you are buying, and then keep it safe for future reference.
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For customers who are new to OakNorth only, an additional fixed boost of 1.14% AER for the first 12 months from the date the account is opened. Existing OakNorth customers will receive the variable interest rate without the boost.
| Product | Spread* vs Base rate (%) |
Interest rate without boost |
Interest rate with boost (includes a temporary increase of 1.14% AER for first 12 months) |
| Easy Access Tracker Account | -0.75 | 3.00% AER/ 2.96% gross (variable) |
4.14% AER/ 4.06% gross (variable) |
The interest rate follows the Bank of England base rate plus a spread, as shown above. Spread is the percentage added to or subtracted from the Bank of England base rate.
Your account will start accruing interest once we’ve received and processed your first deposit. This usually happens the same business day, but no later than the next. Interest is calculated on the minimum daily balance and applied monthly.
If you withdraw funds, interest will be calculated on your total balance up to – but not including – the withdrawal date.
Boost interest
The 12-month boost is available to customers who are new to OakNorth only from the date the account is opened. A new customer is defined as someone who has never held an OakNorth personal savings account.
After the 12-month boost period ends, the boost will be removed automatically and your interest rate will move to the standard Easy Access Tracker rate, which continues to follow the Bank of England base rate plus a spread.
Go to the Bank of England website to monitor the base rate.
You can find the interest rates for all issues of our accounts on our website.
Yes. Interest rates are variable and tracks the Bank of England base rate. If the Bank of England base rate changes, the new interest rate on your account will apply from the following business day that this takes effect.
We may adjust the spread at our discretion, as outlined in our Terms and Conditions.
If the spread increases your rate, we’ll email you as soon as we can and in any event within 30 calendar days of the change taking effect. If it decreases, we’ll notify you at least 14 days in advance.
The 1.14% AER boost is fixed for the 12-month boost period and will not change during that time. Once the boost period ends, it will be removed automatically. We’ll notify you at least 14 days in advance of the boost being removed.
With 12-month interest rate boost for new customers:
| Product | Initial deposit at account opening | Balance after 12 months | Balance after 24 months (12 months with boost and 12 months without boost) |
| Easy Access Tracker Account | £1,000.00 | £1,041.40 | £1,072.64 |
Without interest rate boost:
| Product | Initial deposit at account opening |
Balance after 12 months |
| Easy Access Tracker Account | £1,000.00 | £1,030.00 |
These examples are for illustrative purposes only and are based on the current Bank of England base rate. They assume no further deposits or withdrawals, that interest is accrued daily and applied monthly, that any interest earned stays in the account, and that the Bank of England base rate does not change.
In addition, the “with 12-month boost” example assumes the boost applies for the full 12 months before reducing to the above non-boosted tracker.
These examples don’t take individual circumstances into account.
You must be a UK resident aged 18+ with a personal UK bank or building society account. Apply via our website or app.
Once approved, you’ll have 14 calendar days to make your first deposit. The minimum deposit required to open your account is £1. After the 14-day window, your account will be automatically closed if no funds have been added.
You can deposit up to £500,000 into a single account, and make multiple deposits at any time – up to the maximum balance allowed. However, the total amount you can hold with us across all your OakNorth accounts (excluding interest) is capped at £500,000 per person.
If the product is withdrawn, existing accounts will remain open, but no new applications will be accepted.
To manage your account, log in via the OakNorth web platform or app. Alternatively, you can contact us by email or phone.
Yes. You can withdraw funds at any time with no limits on the number of withdrawals. Withdrawals are processed the next business day or within two business days if requested on a non-business day.
Withdrawals can be made via the OakNorth web platform or app, or by contacting us via email or phone.
If your balance remains £0 for six months, we may close your account. You’ll be notified at least six weeks in advance.
Interest will be paid gross, with no tax deduction. This is based on current tax laws, which may change. The Annual Equivalent Rate (AER) shows the interest rate if paid and compounded annually.
This product includes a temporary introductory boost for new OakNorth Easy Access Tracker Accounts. After the boost period ends, the interest rate will reduce.
This Summary Box highlights key product features. It’s not a substitute for our full Terms and Conditions.
This account is only for customers looking to save £20,000 or more. To save with as little as £1, check out our Easy Access accounts, or see our full range of accounts designed to suit different saving styles.
Before you get started, remember: with this specific account, your money’s ready to go with next-day access — while earning top-tier returns.
Here’s how it works in 3 simple steps:
Download our app or visit the website to fill out a short application — it only takes a few minutes.
Top up or withdraw as and when you like — just keep the required minimum balance of £20,000.
Your interest starts accruing from day one. Sit back and let your savings grow.
Since 2015, our lending has helped create 56,000 new homes and 34,000 jobs, driving real impact across the UK. We’re committed to sustainability, targeting net zero across all emissions by 2035, including those we finance. Through our 1+1% Commitment, we donate 1% of group profits and 1% of our team’s time to charitable initiatives, helping communities thrive while your savings grow.
If you’re a customer with an Easy Access account with £20,000 or more, you can transfer your savings over to an Easy Access Limited Edition account, while it’s on offer, to make the most of higher interest rates.
You should only move your savings over to the new Easy Access Limited Edition account if you are transferring £20,000 or more. To open a new Easy Access Limited Edition and transfer your savings:
The main difference in Easy Access and Easy Access Limited Edition is the minimum deposit criteria and interest rate. Customers able to save a minimum of £20,000 can now earn a higher interest rate. There is no change to the time-period for which you can access your funds, it will remain as next business day access.
Limited Edition means that this product is only going to be on offer for a limited time period, at the discretion of OakNorth. This means it may only be available for customers for just a few days.
We already have an Easy Access account that has a minimum deposit of £1 for savers that can’t commit to higher savings amounts and want total flexibility. This is a new take on Easy Access accounts for savers with £20,000 up to £500,000 that want higher rates without compromising next-day access.
You have 14 days to fund your account with £20,000 in line with your Specific Easy Access Terms & Conditions. You will be required to always maintain a minimum balance of £20,000 in your account. If one or more withdrawals reduce your Account balance to an amount lower than £20,000, we will have the right to close your Account and the remaining money will be sent back to your nominated bank account on the following business day.
Nothing will happen to your account once you’ve signed up and transferred the minimum deposit limit. When the Easy Access Limited Edition account is withdrawn from the market, it will no longer be available for new customers to sign up. If you’re an existing customer with an Easy Access Limited Edition account, your account will remain open, and you will continue to earn interest. You can continue to add funds at any time once the account is opened even when it’s no longer available for new customers.
Yes, like any Easy Access account, your interest rates will be variable and can increase or decrease at any time. We will always communicate any changes to our interest rates to you via email.
No, this account is only available for sole accounts currently.
