The AA Easy Saver account is an instant access savings account from the well known motoring organisation The AA. The account is operated online and a minimum opening and operating balance of £100 is required. The maximum balance is £2M. If the balance falls below £100 then the account will be closed.
The account offers a fixed bonus on the interest for the first year and funds can be added to the account at any time.
This account must be linked to one of your personal bank accounts that is able to accept direct debits. This is so you can transfer funds to and from the savings account. It is the only way to deposit and withdraw funds from the account.
You can make unlimited free withdrawals of your funds online (or £50K per business day by phone) to this linked account with no notice period.
The AA also offers online instant access ISA savings accounts with good rates of interest including several fixed rate options.
All accounts except the 1 or 2 year fixed rate account allow free withdrawals subject to a loss of interest.
The AA also offers several savings accounts specifically for members of the organisation.
The AA is a leading motoring organisation but also offers a range of financial services including savings accounts, loans, mortgages, life insurance, credit cards and travel currency cards.
What the AA Easy Saver Savings Account offers:
- Minimum opening balance of only £100.
- Unlimited free withdrawals.
- Good interest bonus for first year.
- Can be operated online.
- Unlimited deposits up to £2M.
- Balance can’t fall below £100 otherwise account will be closed.
- No cash or debit card.
- No branch access.