FirstSave Savings Accounts

FirstSave Bank Savings Accounts

FirstSave Latest Saving Account News

May 2012 - Fistsave 6 month fixed rate bond is offering 2.62% AER.

FirstSave 30 Day Notice Account Yearly Interest

Key Features

Variable Interest Account

Minimum Investment £100

2.00% AER

Authorised and Regulated by Financial Services Authority and covered by the Financial Services Compensation Scheme

Internet Savings Account

FirstSave 30 Day Notice Account Monthly Interest
Key Features
Variable Interest Account
Minimum Investment £5,000
1.98% AER
Authorised and Regulated by Financial Services Authority and covered by the Financial Services Compensation Scheme
Internet Savings Account

FirstSave 90 Day Notice Account Yearly Interest
Key Features
Variable Interest Account
Minimum Investment £100
2.50% AER
Authorised and Regulated by Financial Services Authority and covered by the Financial Services Compensation Scheme
Internet Savings Account

FirstSave 90 Day Notice Account Monthly Interest
Key Features
Variable Interest Account
Minimum Investment £5,000
2.47% AER
Authorised and Regulated by Financial Services Authority and covered by the Financial Services Compensation Scheme
Internet Savings Account

FirstSave One Year Fixed Rate Bond Yearly Interest
Key Features
3.35% AER
Minimum Investment £1,000
Internet Account
Fixed Rate
Authorised and Regulated by Financial Services Authority and covered by the Financial Services Compensation Scheme
Internet Savings Account

CURRENTLY NOT AVAILABLE

FirstSave One Year Fixed Rate Bond Monthly Interest
Key Features
3.35% AER
Minimum Investment £5,000
Internet Account
Fixed Rate
Authorised and Regulated by Financial Services Authority and covered by the Financial Services Compensation Scheme
Internet Savings Account

CURRENTLY NOT AVAILABLE

rates correct @03/05/2012

Who are FirstSave?

Firstsave savings accounts are provided by FBN Bank (UK) that started in 2002. They are owned by First Bank of Nigeria but as mentioned below they are covered under the FSCS. First Bank of Nigeria was founded on the 31st March 1894 by Sir Alfred Jones a Brit with it's original headquarters in liverpool and is today West Africa's oldest bank and has 394 branches. The UK arm of the bank reported pre-tax profits of 14.68 million for 2007/2008 up 84% on the year before.
The bank is authorised and regulated by the Financial Services Aurhority and the bank is a member of the Financial Services Compensation Scheme so you are protected for the first £50,000 of your savings as an individual and £100,000 for joint accounts.

FirstSave Savings Products

Firstsave first came to my notice when i was looking to diversify my savings between a few banks and building societies and i came across the very good savings rates they were offering. Having used them to make a savings investment online i also found them to be far more efficent than a few of the more well known companies i have opened savings accounts with.
as of 17/11/2011 they offer
12 month fixed rate bond requiring a minimum investment of £1,000
An easy Access account requiring a minimum investment of £100
Firstsave 90 Days notice savings account requiring a minimum investment of £100
Firstsave 30 Days notice savings account requiring a minimum investment of £100
With the recent reduction in savings products it is nice to see a new entrant setting the benchmark for the highest savings rates.

Firstsave savings accounts