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A quick introduction to our Flexible Saver account
Effortless saving, so you can focus on living
Please use our calculator as an estimate only, your rate may go up or down over your saving term. Moving money in and out of your account will also affect your interest amount.
Current Interest Rate: 4.04% AER* (Tax-Free*) (4.04% Gross* yearly, 3.97% Gross* monthly)
From the day we receive your initial deposit, your Flexible Saver will earn interest daily, based on the balance at the end of each day. This is calculated as 1/365th of the yearly rate. Interest can be paid yearly or monthly and can be paid into:
Yes – this is a variable rate product so we may increase and decrease your interest rate. If we decrease your interest rate, we'll give you at least 14 days' notice. For increases, we will update you as soon as possible.
Check out our historic rate table here.
£1,040.00 based on £1,000 over 1 year at 4.04%
This example is given for illustrative purposes only and it doesn't reflect your specific circumstances. It's based on no extra money being moved in or out of the account and assumes that your interest is being added to the account. The estimated balance is based on the yearly interest rate.
Open and manage your account online. Move money in from your Connected Account or from an existing Ford Money account. You must open the account with at least £1. Make sure to move this into the account within the first 21 days of opening the account.
Maximum balance up to £2,000,000 (excluding interest.) This amount is combined across all the accounts you have with us. There are no limits on the number of times you can move money in and out of the account.
You can move money out of this account, or transfer it to another Ford Money account, at any time, subject to the terms of that account. You won't need to give us notice.
If you request to move money out of your account before 1pm on a working day (Monday – Friday), your money will reach your Connected Account by close of business the same day. If you request after 1pm, the money will arrive in your Connected Account the next working day (Monday – Friday, excluding public and seasonal holidays).
Your savings are protected under the Financial Services Compensation Scheme (FSCS) Protection. It protects up to £85,000 (or £85,000 each, for joint account holders) of the money in your Ford Money accounts. If you have more than one account with Ford Money or share a joint account, the amount protected by the FSCS will be £85,000 across them all. For more information, visit the FSCS website.
You can close your Flexible saver, at anytime. Your full balance and any interest earned on your account will be transferred to you.
Tax treatment is dependent on the personal circumstances of each customer and may be subject to change in the future.
The information provided above is a summary of the key features of the Ford Money Flexible Saver and is not intended to be a substitute for reading the Product Terms and Conditions. Please make sure you have read the Product Terms and Conditions before applying.
Ready to start saving?
Explore our savings accounts and select the best fit for your financial goals.
Enter the required details, review the T&C's and then hit submit.
Once approved, make that all-important first deposit and you're on your way.
That’s up to you, so long as your total savings with Ford Money does not exceed our maximum customer balance of £2,000,000.
Yes, you can, so long as the other person is aged 16 or over.
What they’re saying
Ford Money provide a simple well run savings offer whilst retaining a good level of interest rate. Their online banking is simple and efficient.
We'd rather not use it, but just so you know, here's what some of the worst offenders actually mean.
Gross interest is the annual rate of interest you'll earn from a savings account before tax is taken off.
Tax-free means you are exempt from UK Income Tax. Tax treatment is dependent on the personal circumstances of each customer and may be subject to change in the future.
This means that on variable rate products, we promise you’ll always receive the same rate as new customers on like-for-like products. And on our fixed rate products, you’ll receive the interest rate shown at the time you apply or if we increase our product rate before you make your initial deposit, you’ll receive the higher interest rate.
AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest were paid and added to your account each year.
This is a charge or loss of interest applied if you make a withdrawal from a Fixed ISA product.
© 2025 Ford Money
This site is intended for UK residents 16 years and over unless otherwise stated. Ford Money is not responsible for the content of external websites. Ford Money is a trading style of FCE Bank plc. which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Firm Reference Number 204469. Registered in England and Wales under registration number 772784 with registered address at Arterial Road, Laindon, Essex, England, SS15 6EE. Please do not contact this address for customer servicing. For ways to get in touch please visit Contact Us. You can confirm our registration on the Financial Services Register or by contacting the FCA on 0800 111 6768.
