Save from £5 per month to ensure you have money set aside for future use. Many of our members save regularly for a specific purpose such as a holiday or a Christmas fund. Others like the comfort of knowing that they have funds set aside in case they are faced with unexpected bills or an emergency.
As long as your savings are not acting as security on a Transave loan you can withdraw them at any time without penalty. Funds will normally be credited to your bank account on the same day if requested before 1PM.
And because Transave is a not-for-profit organisation, any profit we make is returned to savers in the form of an annual ‘dividend’, which is likely to be more competitive than the returns on easy-access savings paid by high street banks.
You are free to alter the amount you save regularly at any time. You can also boost your savings by adding lump sums into your account by making an electronic bank transfer. Please call us on 0330 175 5555 and our customer services team will provide you with our sort code and account number.
Savings with Transave are protected up to £85,000 by the Financial Services Compensation Scheme.
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