Instant Saver

Here to help you reach your savings goals

Our Instant Saver lets you;
  • Access your money instantly - there are no withdrawal penalties, so you can take money out whenever you want.
  • Watch your savings grow - interest is calculated daily and paid monthly directly into your account.
  • Manage your account your way - online, in branch or by phone.
  • Easy to manage - with our online and mobile banking services.
What you should know;
  • The interest rate is variable, so it can go up as well as down.
  • The account is for customers aged 16 and over.
  • Debit card available

Instant Saver

Interest Rates

Balance AER Gross Rate %
1+ 0.25% 0.25%

Rates correct as at 31 October 2016 and are subject to change.

Instant Saver

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.

Gross Rate – This means the interest rate you are paid before the deduction of tax.

Instant Saver

Ready to Apply?

Or call us on 01624 637000

Lines open: Mon to Fri 9.00am-5.00pm (excluding public holidays). Calls may be recorded

Please note Isle of Man Bank only accepts applications from residents of the Isle of Man.