- One year fixed term deposit
- 3.25% AER/Gross interest rate* on balances of £2,000 - £1 million
- Quick and easy setup - customers can open a 1-Year fixed savings Space in-app and instantly add funds
London, Thursday 15 December 2022: Starling Bank is today rolling out its first savings product offering a guaranteed return of 3.25% over one year on balances of £2,000 or more. The new Starling 1-Year Fixed Saver is built seamlessly into the Starling app for maximum visibility and control.
Starling personal current account customers can set up a 1-Year Fixed Saver within the Spaces section of the app in a matter of minutes. Funds can be transferred immediately from their main account balance to the savings space and cannot be accessed for one year.
When setting up a 1-Year Fixed Saver, customers will be able to see how much interest they will accrue on their savings over the full 12 months. They can also set up multiple 1-Year Fixed Savers at once.
Anne Boden, Chief Executive of Starling Bank, said: “Starling customers can start saving instantly and receive guaranteed returns with our introductory 1-Year Fixed Saver while getting a full picture of their personal finances all in one app.”