30 Day Bonus Reserve
Annual bonuses if you leave your money with us
An Isle of Man Bank 30 Day Bonus Reserve account is ideal if you have £2,000 or more to save - and can give 30 days' notice for withdrawals.
Annual bonus of 0.50% - when you make less than five withdrawals over a year
Annual interest - paid directly into your account, or another Isle of Man Bank account you hold at the same branch
30 days' notice - if you want to make a withdrawal
Instant access if you need it - although you will be charged the equivalent of 30 days' interest
Save from £2,000 - with no maximum balance
Earn more interest - the more you have in your account, the more interest you earn
Add to your account - you can set up a standing order and pay into your account every month
Online, in-branch and phone - manage your account any way you want
Move money easily - it's quick and easy to move money from your other Isle of Man Bank accounts to your savings account
Full copies of the interest rates and terms and conditions that apply to our savings accounts can be downloaded from our terms and conditions page.
Current savings rates
Including bonus
| Balance | Gross Rate | AER (variable) |
|---|---|---|
| £100,000 + | 0.90% | 0.90% |
| £50,000 - £99,999 | 0.75% | 0.75% |
| £25,000 - £49,999 | 0.75% | 0.75% |
| £2000 - £24,999 | 0.75% | 0.75% |
| £0 - £1,999 | 0.10% | 0.10% |
A conditional interest bonus of 0.50% gross per annum
Account Interest is paid annually at the end of March and is calculated on the daily cleared credit balance, provided that no more than four withdrawals are made per year.
Excluding bonus
| Balance | Gross Rate | AER (variable) |
|---|---|---|
| £100,000 + | 0.40% | 0.40% |
| £50,000 - £99,999 | 0.20% | 0.20% |
| £25,000 - £49,999 | 0.25% | 0.25% |
| £2000 - £24,999 | 0.25% | 0.25% |
| £0 - £1,999 | 0.10% | 0.10% |
Interest paid annually
Note: withdrawals require 30 day notice
Updated: 24 July 2009
Common definitions
Throughout this page, you'll see various terms being used. Here's what they mean:
Annual Equivalent Rate (AER) - This is a notional rate used for interest bearing accounts, which illustrates what the gross credit interest rate (excluding any bonus interest payable) would be if paid and compounded on an annual basis. It helps you to compare the effective rates of credit interest on different accounts.
p.a. - per annum (per year).
Apply now
Call us on
01624 637000
Lines are open: Mon to Fri 9.00am-5.00pm
(excluding public holidays).
Calls may be recorded