Discover our easy access savings account
Earn 4.20% AER / 4.12% gross p.a. (variable), including a bonus rate of 1.20% AER fixed for 12 months.
AA Savings is provided by National Westminster Bank plc trading as NatWest Boxed
To be eligible for an Easy Access Savings account you’ll need to:
Available to sole and new applicants only.
| Balance | Interest with bonus rate | Interest without bonus rate after 12 months |
|---|---|---|
| £0 - £1 million |
4.20% AER4.12% gross p.a. (variable)
Includes a bonus rate of 1.20% AER fixed for first 12 months |
3.00% AER2.96% gross p.a. (variable) |
Interest is calculated on a daily basis and paid into your account on the first day of the month. You’ll be able to see and access the interest in your account on the following day.
You can find more details about the introductory bonus interest rate in the ‘Additional information’ section below.
The bonus rate is fixed at 1.20% AER during the 12-month offer period.
The standard rate is variable and may go up or down. There are a few reasons for this, for example a change in the Bank of England base rate. You can find a full list of reasons for an interest rate change in section 10.2 Notification of changes to the agreement in the Easy Access Savings account terms (PDF).
We’ll give you at least 14 days' notice if the rates are going down and your balance is £100 or more. Otherwise, we’ll tell you before or shortly after the change.
You can find more details about how we’d tell you about a change in section 10.2 Notification of changes to the agreement in the Easy Access Savings account terms (PDF).
The following example shows how much you may be able to save:
| Initial deposit at account opening | Balance after 12 months | Balance after 24 months |
|---|---|---|
| £1,000 | £1,042.06 | £1,073.38 |
| £50,000 | £52,099.41 | £53,662.71 |
| £100,000 | £104,198.76 | £107,325.29 |
This is only an illustration of what you could save and assumes that no more deposits or withdrawals are made, that there aren’t any changes to interest rates or tiers, and any interest earned stays in the account.
To be eligible for this account, you must:
Accounts are available for new applicants only. You can apply to open an account by going to the ‘Apply for an Easy Access Savings account’ section. Make sure you take a look through all of the important legal information before you start your application.
You can manage your account online.
Payments in and out of your savings account can only be made to and from your nominated account.
You can only have one Easy Access Savings account and it needs to be in your name. We don’t offer joint accounts.
If you choose to close your account, you won’t earn any interest for the month of closure.
The maximum balance you can hold in the Easy Access Savings account is £1 million.
The minimum balance you can hold in the Easy Access Savings account is £0.
Yes, you can withdraw money at any time. Just move the amount you want to your nominated account from your Easy Access Savings account.
You can only withdraw up to £10,000 from your account each transaction, and £20,000 over a rolling 24 hour period.
If you close your nominated account, you’ll need to set up a new nominated account to withdraw money.
The bonus interest rate will be added to the standard variable rate from the date your account is opened. This will apply for 12 months. After 12 months, the bonus rate will end and only the standard variable rate will apply.
Annual Equivalent Rate (AER)
The interest rate if interest is paid and compounded once each year. AER helps you compare the rates of interest on different accounts.
Compound interest
Interest earned on interest that’s already been paid.
Gross rate
The interest rate you’re paid on your savings with no compounding.
p.a.
Per annum (per year).
Tax-free
We pay all savings interest without the deduction of tax. You may have to pay tax on interest earned depending on your Personal Savings Allowance. The tax treatment may change in the future.
Please take some time to review the important legal information here before you get started. If you continue to apply, it means you’re happy with it all:
AA Savings is provided by National Westminster Bank plc trading as NatWest Boxed. National Westminster Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (FRN 121878). National Westminster Bank plc is a company registered in England and Wales (registered number 929027) and its registered address is 250 Bishopsgate, London, United Kingdom, EC2M 4AA. NatWest Boxed is a trading name of National Westminster Bank plc.
AA Financial Services Limited introduces customers to National Westminster Bank plc as its exclusive savings provider.
AA Financial Services Limited is authorised and regulated by the Financial Conduct Authority, FRN 727859. Registered office: Level 3, Plant, Basing View, Basingstoke, Hampshire, England, RG21 4HG. Registered in England and Wales number 912211.
AA Financial Services Limited and National Westminster Bank plc aren’t able to provide advice on savings products. If you have doubts about product suitability, please seek independent financial advice.
The AA is a trademark of the AA Group and AA branded companies, and is used with permission under brand licence to National Westminster Bank plc.
To find out how we use your data, please read our website privacy notice and our Financial Services privacy notice.
You can also find more information in our cookie policy and website terms and conditions.
What's an easy access savings account?
With an easy access savings account, you can take out your money whenever you need it. This type of account is a good choice if you want to put money away for emergencies, or save up for something like a holiday or a new car. It's different to a fixed-term account, which locks your money away for a set time.
Is there a minimum balance I need to have in the savings account?
No minimum balance is needed to open or maintain the account.
How does the bonus rate work?
You’ll earn a bonus rate on top of your variable interest rate for the first 12 months after opening your account. When your bonus rate is due to expire, we’ll contact you to let you know. You’ll then continue to earn the variable rate available on your account at that time. You can find this information in your account's summary box.
Can I renew my bonus rate once it expires?
Your bonus rate will last for 12 months from account opening, and you won’t be able to renew it. You’ll continue to earn the variable rate of interest.
When do I get paid interest?
We calculate your interest rate daily, and pay it on the first day of every month. Weekends and bank holidays won't have any impact on when interest is paid.
Can I have a joint savings account?
Unfortunately, we don't offer joint savings accounts.
Can I have more than one savings account with The AA?
You can currently only have one savings account with us.
Do you support Apple Pay and Google Pay?
No, the only way you can add money to your savings account is by transferring it from your nominated account. You can't top up your savings with a card.
Do I need to pay tax on the interest I receive?
Depending on your circumstances, you may have to pay tax on any interest you earn from your savings. Your Personal Savings Allowance will depend on the amount you earn. You can find more information about paying tax on the HMRC website.
How do I request a copy of my data?
If you'd like a copy of your data, you can fill out the Request your personal information form. Or you can call us on 0808 502 2414 or email [email protected]
What data do you access and how do you keep it safe?
The UK Data Protection Act 2018 gives you specific rights relating to the personal data we hold. Our Financial Services privacy notice explains how and why we use this information – including what details we hold, who we might share it with, and your choices and rights. It also includes information about any checks and decisions we may make.
What are the fees for this account?
There are no fees associated with this AA savings account.
How do I open an AA savings account?
You can only open an AA savings account online. You must be a new applicant and you'll need to:
During the application, we ask you to take a photo of your ID and a short video of yourself - to confirm your identity and help us prevent financial crime.
How do I log in to my account?
You can log in to your savings account here. Enter the email address you used to create your account and press ‘Next’.
How do I change my personal details?
If you need to change your personal details (e.g. postal address, email or name), log in to your savings account and contact us through chat using the icon in the bottom right of your screen.
Where can I see my current interest rate?
If you are an existing customer, you can check your current interest rate by logging in to your savings account.
For Member Saver accounts opened between 8 April 2025 and 17 November 2025, the following rates currently apply:
For Easy Access Savings accounts opened between 8 April 2025 and 17 November 2025, the following rates currently apply:
For AA Member Launch Saver accounts opened between 3 February 2025 and 7 April 2025, the following rates currently apply:
For AA Launch Saver accounts opened between 3 February 2025 and 7 April 2025, the following rates currently apply:
How do I make a complaint?
If you have a complaint, we really want to hear from you - so we can try and put things right, as well as improve our services for all AA members and customers.
Get in touch with your concerns and we'll aim to deal with them as quickly as possible:
What's your process for handling complaints?
Firstly, we’ll let you know we’ve received your complaint. Then we’ll give you a complaint reference number to use if you need to contact us. That way, we can find your information quickly.
We may need to talk to you to help put things right. So please give us your up-to-date contact phone number and email address.
You’ll receive a letter to acknowledge your complaint - along with our complaints leaflet (PDF) - within 5 business days, outlining the next steps.
We aim to provide you with our final complaint response letter within 3 weeks of the complaint being raised. If we need longer than this, we’ll let you know in advance.
How do I add money to my account?
You can make your first deposit and top up your savings account by transferring money from your nominated account.
How do I take money out of my account?
You can withdraw money by logging in to your savings account and selecting 'Withdraw money' from the dashboard. The amount you choose to take out will be sent to your nominated account. The maximum amount you can withdraw each day can be found in your account menu, under 'Account limits'
How do I close my account?
If you'd like to close your savings account, you can let us know by logging in to your account and selecting the chat icon in the bottom right of your screen.
How do I report unauthorised access to my account?
Contact us immediately on 0808 502 2414 if there's activity on your account that you don't recognise, or you think someone else has accessed your account.
I need extra support. How can you help me?
We know that from time to time you may need a little more personal support. Get in touch to find out how we can help you:
How can I register a power of attorney?
If you've registered, or been made power of attorney for someone, email us at [email protected]
We'll need to see a valid power of attorney document, so please have this ready when you get in touch.
How do I notify you of a bereavement?
You can let us know about a bereavement by emailing [email protected]
So that we can help you, we'll ask to see the death certificate and the will, if there is one. We'll also ask for ID for the executor or next of kin. In some cases, we may also ask for the Grant of Representation.