COVID-19 Member Support

Our Savings Accounts

I would like to know more about:

Regular Savings

  • Easy savings through payroll
  • No penalties for withdrawals
  • Annual dividend averaging 2%
  • Savings protected by the FSCS

A regular savings account is opened automatically when you join Transave.

Save from £5 per month direct from payroll and 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.

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.

Because Transave is not-for-profit organisation any profit we do make is returned to members in the form of a yearly ‘dividend’ on savings averaging 2%. This is currently much more competitive than the returns on easy-access savings paid by the high street banks.

Savings with Transave are protected up to £85,000 by the UK government’s Financial Services Compensation Scheme (FSCS).

How often do you get paid?

How much would you like to save per week?

This is how much you can save after:

6 months
12 months
18 months
2 years
3 years
4 years
5 years

Not a member yet?

If you’d like to join Transave simply fill in our application form.

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