If you opened and funded an Easy Access Tracker account during the qualifying period and met the entry criteria, we’ll be in touch directly if you’re a winner.
Deposit £2,000 to a new or existing Easy Access Tracker account between 18 August 2025 to 31 October 2025.
Every extra £2,000 you deposit and hold until 28 February 2026 gives you another entry. It’s not essential, but it gives you more chances to win.
Hold at least £4,000 or more in your account through to 28 February 2026 to remain eligible. This can include deposits made prior to the promotional period.
Winners will be chosen at random and contacted by phone or email. The more you save, the better your chances.
Names will be drawn at random – so the more you save, the more chances you’ll have to win. Winners will be contacted in March via phone or email.
You’ll get one entry for every incremental £2,000 you deposit before 31 October and hold in your account until 28 February 2026. So if you deposit £2,000, then add £4,000 later during the deposit period, that’s three entries.
Types of savings accounts:
Filters
Types of savings accounts:
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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| Term/Product | Spread* vs Base Rate % | Gross rate (%) | AER (%) | |
|---|---|---|---|---|
| Next-day access | -0.25 | 3.45 | 3.50 |
The interest rate tracks the Bank of England (BoE) Base Rate (To view the latest rate visit here) plus/ minus a spread* as mentioned above.
Your account will start generating interest no later than one business day from when we receive and apply your deposit to your OakNorth Bank account.
Interest is calculated on the minimum daily balance and applied to the account on the first day of every subsequent month.
If a withdrawal request has been made, interest will be calculated on the total amount until, but not including the day of the withdrawal.
*spread in this document refers to the rate that is added or subtracted to the Bank of England Base Rate
Yes. Interest rates are variable and can be increased or decreased dependent on the Bank of England base rate.
OakNorth may also adjust the spread at any time at our sole discretion as outlined in the Interest Section of our Specific Terms and Conditions – Easy Access Tracker Account.
If we change the interest rate spread on your savings account, which results in your interest rate increasing, we will email you about this increase and confirm the date of the change taking effect. If we change the spread applicable to your interest rate, which results in your interest rate decreasing, we will notify you at least 14 calendar days prior to the decrease.
| Term/Product | Initial Deposit at account opening | Balance after 12 months |
|---|---|---|
| Next-day access | £1,000 | £1,035.00 |
*This is only an example for illustrative purposes and does not take into account your individual circumstances.
This example is based on the reference interest rate as it stood at the time the projection was made and assumes that no further deposits or withdrawals are made, that the interest is accrued daily and applied to the account monthly, that any interest earned stays in the account, and that there is no change to the reference interest rate or spread.
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 Summary Box highlights key product features. It’s not a substitute for our full Terms and Conditions.
Deposit £2,000 into your Easy Access Tracker account by 30 September, and you’ll be entered into our early bird draw. With five extra prizes of £1,000 up for grabs, it’s our way of saying thanks to customers who start saving sooner. Remember, you’ll also need to keep at least £4,000 in your account until 28 February to be eligible.
Earn a variable rate that tracks the Bank of England base rate.
Access your money when you need it, with next-business day withdrawals.
Open your account with just £1, and top up whenever it suits you.
No, you can use an existing OakNorth Easy Access Tracker account, as long as you deposit at least £2,000 between 18 August and 31 October and maintain the balance criteria till 28 February.
Only deposits that remain in your account until 28 February 2026 will count towards your entries. You need to maintain at least £4,000 in your account to be eligible.
Each £2,000 of net incremental deposits you make and hold during the promotion equals one entry. For example, if you deposit £8,000 and withdraw £2,000 during the campaign period, your net deposit would be £6,000 – qualifying you for three prize draw entries. There is no limit to the number of entries you can earn, but you can only win one prize.
Each customer can receive a maximum of one early bird entry, even if you deposit more than £2,000 before 30 September 2025. However, you can earn multiple entries into the main prize draw – one for every £2,000 of net incremental deposits you make and hold during the promotion period. Remember, at least £4,000 will need to remain in the account until 28 February 2026 in order to be eligible for early bird and main prize draws.
Each participant is eligible to win only one prize as outlined in the Terms and Conditions of the promotion. In the event that a participant is selected as a winner in more than one category, they will be awarded only the prize with the highest monetary value. The prize in the other category/categories will be reallocated to the next eligible participant(s).
All winners – including those entered into the early bird draw – will be selected at random and contacted by OakNorth in March 2026 via phone or email.
Read full terms and conditions.
If after reviewing the terms and conditions you would like to opt out of the prize draw, please contact us prior to the draw date.