The Telephone Saver (Issue 1) from BM Savings offers an attractive rate of interest, currently, 2.75% gross/AER (variable) for the yearly optionor 2.72% gross/2.75% AER for the monthly option and gives you easy access to your money by telephone 24/7.

The accounts operate as straightforward personal savings accounts with no notice required for withdrawals from your savings. Here are some of the additional features offered;

TelephoneSaver (Issue 1)

  • Save any sum from £1,000 to £1 million (£2 million for joint accounts)
  • No hidden costs or charges
  • Easy access to savings
  • Joint account holders will each have their own set of passwords so they can each run the account. Interest is variable, calculated daily and is paid either yearly or monthly. Interest can be paid to the account, to another BM Savings account or paid to another UK bank or building society account that accepts Faster Payments.

For more information and how to apply, please contact Rob Simpson on This email address is being protected from spambots. You need JavaScript enabled to view it. or call the office on 0845 0179 578.