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Reserve Account

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With interest that increases as your savings grow, you can see your money working harder, and access it whenever you need to.

  • Tiered interest rates to reward higher balances
  • Instant access
  • No fixed term
  • Add to your savings anytime
  • No minimum or maximum limits

Making saving easy

Opening an account is simple, there's no minimum deposit and you don't need to make regular deposits. Speak to your account manager to get started.

You'll need to be aged 13 or over, a UK resident and have a current account with us.

Managing your account

  • You can access your funds and manage your account through the branch, by telephone, our Individual Online Banking service or Individual Banking app
  • You can contact our Customer Connect team outside of branch opening hours for help with a range of banking matters.

Which savings account is right for you?

The Reserve Account is ideal for everyday saving, without limits and instant access.

If you don't need instant access and would like to earn a higher interest rate on your balance, our 10 or 35 day notice deposit accounts could be ideal.

If you're able to take advantage of tax-efficient savings and can invest up to £20,000 per year, take a look at our Cash ISA.

What are the interest rates?

Speak to your account manager for up-to-date rates and how the Reserve Account could work for you.

More ways to grow your money

Access the investment expertise of Handelsbanken Wealth specialists and their range of global multi-asset investment funds through a Stocks and Shares ISA.
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Becoming a customer

Find out more about becoming a Handelsbanken customer or call 0800 470 8000 to speak to our Customer Connect team.

Already a customer

To know more, please speak to your account manager at your local branch.

Deposit protection arrangements

FSCS protected
Your eligible deposits with Handelsbanken plc are protected up to a total of £120,000 (or £120,000 for each eligible account holder of a joint account) by the Financial Services Compensation Scheme (FSCS), the UK's deposit protection scheme. Any total deposits above the £120,000 limit are unlikely to be covered.

 

Manage your savings online

You can manage your savings with ease and convenience with our Individual Online Banking service.

Individual Online Banking